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
View Top Employees from Saudi Central Bank – SAMAWebsite | http://www.sama.gov.sa |
Employees | 2,164 (1,825 on RocketReach) |
Address | PO Box 2992, Riyadh, Ar Riyad 11169, SA |
Phone | +966 11 463 3000 |
Industry | Financial Services, Finance, Issues national currency, the Saudi Riyal, Banking, Acts as a banker to the government, Supervises commercial banks, Anages Kingdom’S Foreign Exchange Reserves, Conducts monetary policy for promoting price and exchange rate s |
Web Rank | 213103 |
Web Visits | 245940 |
Keywords | Monetary Policy, Central Bank, Bank |
SIC | SIC Code 93 Companies, SIC Code 931 Companies |
NAICS | NAICS Code 92 Companies, NAICS Code 921 Companies, NAICS Code 92113 Companies, NAICS Code 9211 Companies |
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Abdullah AlAbdulgader is the Board Member of Saudi Central Bank – SAMA.
1,825 people are employed at Saudi Central Bank – SAMA.
Saudi Central Bank – SAMA is based in Riyadh, Ar Riyad.
The NAICS codes for Saudi Central Bank – SAMA are [92, 921, 92113, 9211].
The SIC codes for Saudi Central Bank – SAMA are [93, 931].