Saudi Central Bank (Sama)
Sama changes name again under new central bank law
Law change updates and clarifies central bank’s role and responsibilities
Sama launches polymer version of five-riyal banknote
New note will circulate alongside existing cotton banknotes
Sama injects $13 billion as banks prepare to reopen
Saudi central bank directs financial firms to “gradually return” to normal operations
People: Ghana’s Addison to lead IMF and World Bank board of governors
Addison to chair IMF/World Bank board; Saudi Arabia appoints new deputy governor; and more
Four Gulf states cut rates following Fed decision
Bahrain, Qatar, Saudi Arabia and UAE have currencies pegged to US dollar
Saudi central bank fines 16 commercial lenders
Country’s largest banks fined in what may be part of crackdown on consumer finance abuses
Vocalink and IBM to provide Saudi faster payments system
Instant payment system slated for launch at the end of 2020
The winners of the 2019 Central Banking Awards
MAS wins central bank of the year, Karnit Flug awarded governor of the year and Zhou Xiaochuan recognised for lifetime achievement; 23 other awards announced
UAE central bank and Sama partner for blockchain project
New system aims to provide more efficient central financial transfer system
Central Banking Awards: third round goes live
Prizes unveiled for economics, website, risk management, professional services, data and more
Risk manager: Saudi Arabian Monetary Authority
Multi-year overhaul of Saudi central bank’s risk architecture has come to fruition
Advisory services: Deloitte
Central bank footprint includes new projects on cyber resilience in Canada, fintech in Saudi Arabia, DLT in Hong Kong
Saudi SWF seeks massive bank loan as Aramco’s IPO is delayed
PIF intends to increase assets to $400 billion in 2020 from $224 billion in 2017
Saudi investment fund boosts technology portfolio
The fund has reportedly acquired 3-5% of US electric car maker Tesla
Saudi Arabia’s Alkholifey on economic restructuring, reserves and cyber security
Head of Sama discusses major changes being implemented in Saudi Arabia
Sama enables blockchain for cross-border payments
Pilot with Ripple will allow domestic banks to settle payments across the xCurrent network
Saudi and UAE central banks freeze hundreds of bank accounts
Local sources say newly installed crown prince is moving against other senior royals
The winners of the 2017 Central Banking Awards
BoE, Valdovinos, Kohn and 15 other award recipients named
Bank of Israel and Sama triumph in latest Central Banking Awards
Middle Eastern central banks take home Reserve manager and initiative of the year in Central Banking’s 2017 awards
Initiative of the year: Saudi Arabian Monetary Authority’s compliance standards activation project
The Saudi central bank has made a strong start enhancing its risk culture
Technology provider of the year (supervision): Vizor Software
Firm transitioned from niche consultancy to tech provider for central banks in 30 countries
Sama unveils new banknote designs with updated features
Six denominations to feature new security thread and improved features for the visually impaired
SAMA governor outlines challenges facing Islamic banking sector
Unified accounting standards would “comfort” regulators and 'improve transparency' for industry
Sama intervenes to ease liquidity pressure on banks
Saudi central bank makes deposits worth over $5 billion at commercial banks