Regulation, Risk & Compliance
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SBI Jeddah to cease operation by 2017 end as SAMA clears the way
The State Bank of India, Jeddah, will soon cease operation as the Saudi Arabian Monetary Authority has granted the go ahead for it. SAMA, the central bank, announced on Thursday that it has approved the request of SBI to suspend its banking operations in the Kingdom in view of a…
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Click here to read the full story: Saudi Gazette