Sama intervenes to ease liquidity pressure on banks

Riyadh
A view of Riyadh

The Saudi Arabian Monetary Agency (Sama) intervened to support liquidity-constrained banks on September 25 and launched two new monetary facilities.

The Saudi central bank said it injected "more than" 20 billion riyals ($5.3 billion) of liquidity into banks by placing the funds in time deposits on behalf of "government agencies".

It said the policy was aimed at promoting financial stability and offering "monetary support" to the banking sector. It stressed, however, that banks remained well

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.