Saudi Central Bank

Saudi Central Bank
البنك المركزي السعودي
Headquarters Riyadh, Saudi Arabia
Coordinates 24°39′51″N 46°41′14″E / 24.6643°N 46.6871°E / 24.6643; 46.6871
Established 4 October 1952 (1952-10-04)
Governor Ayman Al-Sayari
Central bank of Saudi Arabia
Currency Saudi riyal
ISO 4217 Code SAR
Reserves $603.9 billion
Website sama.gov.sa
Preceded by Saudi Arabian Monetary Authority

Saudi Central Bank (Arabic: البنك المركزي السعودي), formerly known as the Saudi Arabian Monetary Authority (SAMA; Arabic: مؤسسة النقد العربي السعودي),[1] is the central bank of the Kingdom of Saudi Arabia. It was founded on 4 October 1952.

History

In November 2020, It was renamed to Saudi Central Bank.[2][3] On 30 September 2025, Saudi Central Bank announced licensing EZ Bank as new digital bank.[4] In September 2025, Saudi Central Bank approved visitor ID for bank opening account.[5] In September 2025, SAMA launched Google Pay service through Mada network.[6]

List of governors

Name[7] Tenure
Ayman Mohammed Alsayari Since 2023
Fahad Almubarak 2021–2023
Ahmed Abdulkarim Alkholifey 2016-2021
Fahad Almubarak 2011–2016
Muhammad Al Jasser 2009–2011
Hamad Ibn Saud Al Sayari 1983–2009
Abdul Aziz Al Quraishi 1974–1983
Anwar Ali 1958–1974
Ralph Standish 1954–1958
George A. Blowers 1952–1954

References

  1. ↑ "Saudi Arabia's SAMA renamed Saudi Central Bank". www.tradearabia.com. Archived from the original on 23 March 2023. Retrieved 2021-09-13.
  2. ↑ "Saudi King approves renaming Saudi Arabian Monetary Authority to Saudi Central Bank". The Economic Times. 2020-11-25. ISSN 0013-0389. Retrieved 2026-01-19.
  3. ↑ East, Forbes Middle. "Saudi Arabian Monetary Agency To Be Renamed As The Saudi Central Bank". Forbes ME. Retrieved 2026-01-19.
  4. ↑ "SAMA announces licensing EZ Bank as new digital bank". ArgaamPlus. Retrieved 2026-01-19.
  5. ↑ "SAMA approves 'Visitor ID' for bank account opening". Arab News. 2025-09-28. Retrieved 2026-01-19.
  6. ↑ "Saudi Central Bank launches Google Pay service through Mada network". Saudigazette. 2025-09-15. Retrieved 2026-01-20.
  7. ↑ "Historical preview".

Other websites

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