FinTech
Regulation, Risk & Compliance
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SAMA receives requests to open digital, traditional banks
The Saudi Arabian Monetary Authority (SAMA) has received requests to open digital and traditional banks, Saudi Press Agency (SPA) reported, citing Ahmed Al-Kholifey, the central bank’s governor. SAMA is open to receiving additional applications for banking licenses, and has posted on its website steps and criteria for that, he said…
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Click here to read the full story: Saudi Gazette