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The Saudi Central Bank (SAMA) is the Central Bank of the Kingdom of Saudi Arabia. SAMA was established in 1371H (1952). The objectives of the Bank are as follows:
1- Maintaining monetary stability.
2- Supporting financial sector stability, and promoting confidence in it.
3- Supporting economic growth.
SAMA’s functions are as stipulated in the Central Bank Law. Some of the functions and powers to achieve its objectives are listed below.
• Issuing the national currency
• Oversighting and supervising financial institutions
• Issuing regulations and instructions relevant to financial institutions and their business.
• Formulating and conducting monetary policy
• Managing FX reserves
• Acting as banker and advisor to the government
• Developing and operating the infrastructures of national payment, settlement and clearing systems
• Establishing procedures to ensure protection of financial institutions’ customers
بنك التنمية الاجتماعية، أحد الركائز الحكومية الرئيسة في مجال تقديم التمويل التنموي الميسر والتوعية المالية، ويتمثل دور البنك في العمل على حماية الأسر وسد احتياجاتها الأساسية عبر تقديم تمويل اجتماعي هادف وفعال لتحقيق أثر ملموس، والعمل على تعزيز الاكتفاء عبر دعم أنماط العمل الحر الحديث وتمكين الأفراد المستقلين والأسر من مزاولة نشاطات تدعم دخل المواطن، بالإضافة إلى تحسين الإنتاج عبر تعظيم المشاركة الاقتصادية للمنشآت الصغيرة والناشئة بهدف خلق وظائف مستدامة، وتعزيز المحتوى المحلي من خلال تقديم الحلول التمويلية، منطلقًا نحو آفاق أوسع في تحقيق التمكين التنموي الشامل والمستدام لمجتمع حيوي ومنتج.