Saudi Central Bank
1 articleThe Saudi Central Bank, widely known by the abbreviation SAMA, is Saudi Arabia's monetary and banking authority. It issues riyal banknotes, manages reserves and the fixed exchange-rate relationship with the US dollar, supervises banks and supports payment-system and financial-sector stability. Its institutional name replaced Saudi Arabian Monetary Authority without changing its core public role. The bank is distinct from the SAR currency and from the government bodies responsible for coin production or fiscal policy.
Banking Technology Shifts: Saudi Digital Lending and Core Migrations
August 2026 saw major banking technology moves, including Saudi Arabia's GO Telecom entering digital lending, Australia's MoveBank migrating its core, and new investment in UK-based 10x Banking, with implications for payments and cross-border services