Saudi Central Bank – SAMA

The Saudi Central Bank (SAMA) is the central bank of Saudi Arabia, established in 1952 to oversee the country's financial system. It is responsible for issuing the national currency, the Saudi Riyal, supervising commercial banks, managing foreign exchange reserves, and promoting monetary stability. SAMA plays a crucial role in regulating the financial sector and implementing monetary policy to ensure economic growth and stability. SAMA operates various electronic financial systems, including MADA, SARIE, SADAD, and the Electronic Check Clearing System (ECCS).