Islamic Finance

Saudi's SAMA to change name to Saudi Central Bank


Published 17 Nov,2020 via Asharq Alawsat (English Edition) - The Saudi Shura Council approved on Monday a new draft law, which includes changing the name of the Saudi Arabian Monetary Agency (SAMA) to the Saudi Central Bank, with the aim of giving the new bank more power and flexibility to achieve economic and financial goals.

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Central bank
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Asharq Alawsat