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

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

Posted at 00:32h in News by
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The Saudi Arabian Monetary Agency
(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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