Saudi Arabia brings stringent laws to tackle money laundering
RIYADH, SAUDI ARABIA: The Kingdom of Saudi Arabia has tightened regulatory and monitoring procedures to handle crimes related to the ...
Tag: SAMA
Islamic finance industry needs to be risk sensitive: CBB Governor
Amwaj Island: Islamic finance industry needs to be more risk sensitive by employing effective risk management tools to cope with ...
Consolidation of KSA insurance market on the cards
Riyadh: With an increase in price competition and capital erosion, PwC expects the KSA insurance market to move towards consolidation ...
SAMA deposits to reach$700b by 2013: Fitch
Government deposits at the Saudi Arabian Monetary Agency (SAMA, the central bank), which rose by $52billion or 9% of GDP ...
Saudi banking sector remains resilient
Banks in Saudi Arabia are among the most defensive in the region, thanks to one of the more robust regulatory ...