Saudi Arabian Monetary Agency


Also found in: Acronyms, Wikipedia.

Saudi Arabian Monetary Agency

The central bank of Saudi Arabia. It controls issue of the Saudi riyal, sets the monetary policy, holds currency reserves, manages the exchange rate and regulates banks and financial markets. It was established in 1952.
References in periodicals archive ?
But data from Saudi Arabian Monetary Agency (SAMA) showed loans to the private sector logged in August had their strongest month-tomonth rise since September last year when their growth started to lose momentum on concerns about private firms' solvency amid the global economic slowdown, according to a report in press media.
Sayyari had been heading the Saudi Arabian Monetary Agency, the kingdom's central bank, since 1983.
Baltimore Technologies (London:BLM), a global leader in e-security, today announced that the Saudi Arabian Monetary Agency (SAMA), the central bank of the Kingdom of Saudi Arabia, has chosen Baltimore Technologies to provide a comprehensive security solution to enable online trusted transactions for the network of Saudi Arabia-based banks.
The 51st report issued by Saudi Arabian Monetary Agency recently and a copy of it received by Saudi Press Agency explained that most of the increase took place in the consumer loans to individuals by 8.
The Chief of the Saudi Arabian Monetary Agency (SAMA) - Fahad bin Abdullah al-Mubarak has declared in a media statement that Riyadh Bank has been given the first license to perform real estate financing and lease financing and other associated activities in the Kingdom of Saudi Arabia.
Commercial banks in Saudi Arabia are implementing new rules by the Saudi Arabian Monetary Agency (SAMA).
It includes Governor of Saudi Arabian Monetary Agency Fahd Al-Mubarak and Deputy Chairman and CEO of the Saudi Development Fund Yusuf Al-Bassam.
The RCG-MENA is co-chaired by Fahad Al-Mubarak, Governor of the Saudi Arabian Monetary Agency, and Mohammad Al-Hashel, Governor of the Central Bank of Kuwait.
Abu Dhabi Investment Authority (ADIA) may have lost $125 billion last year, pushing the fund to second place behind the Saudi Arabian Monetary Agency (SAMA) after the global credit crisis cut asset prices, the Council on Foreign Relations (CFR) said.
46bn a year earlier, the Saudi Arabian Monetary Agency said.
With the installation of ASSIST//ck, Banque Saudi Fransi, an affiliate of Credit Agricole Indosuez, will automate the detection, investigation and reporting of money-laundering activities, and complement the bank's current control systems set in accordance with international regulations, including those issued by the Saudi Arabian Monetary Agency and the Saudi Arabian Ministry of Commerce.
The 51st report issued by Saudi Arabian Monetary Agency recently which Saudi Press Agency "SPA" received a copy of it, pointed out that the distribution of speed system operations according to the operations of individual and combined customer payments achieved a rise in the number of individual operations by 15% to 6.

Full browser ?