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KM Financial Solutions | CORRECTED-SAMA launches licenses for non-bank financial institutions -statement
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CORRECTED-SAMA launches licenses for non-bank financial institutions -statement

30 Jan CORRECTED-SAMA launches licenses for non-bank financial institutions -statement

Posted at 07:07h in News by
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The Saudi Arabian Monetary
Authority (SAMA) issued licenses for non-bank financial
institutions in the Kingdom for the first time on Thursday,
licensing an electronic wallet company and a payment services
company.
The move to license financial technology companies was aimed
at opening financial services to non-banking actors and
supporting development of the national economy, SAMA said in a
statement.

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