Saudi Central Bank-SAMA

The Saudi Central Bank (SAMA), the central bank of the Kingdom of Saudi Arabia, was established in 1372 AH (1952 AD). It carries out numerous responsibilities assigned under various regulations and instructions.

National Currency

• Minting and printing the national currency, the Saudi riyal.
• Supporting the Saudi currency, consolidating and stabilizing its internal and external value, and strengthening its currency cover.

Reserves and Monetary Policy

• Managing the Kingdom's foreign exchange reserves.
• Overseeing monetary policy to maintain price and exchange rate stability.
• Encouraging the growth and integrity of the financial system.

Financial Sector Supervision

The bank's supervisory responsibilities include:

• Monitoring commercial banks and currency exchange operators.
• Supervising cooperative insurance companies and companies providing insurance-related professional services.
• Overseeing finance companies and credit information companies.