Saudi Central Bank

The Saudi Central Bank previously known as the Saudi Arabian Monetary Authority  established in 1952, is the central bank of the Kingdom of Saudi Arabia.

SAMA is the Central Bank of Saudi Arabia, the functions of the SAMA include issuing the national currency, the Saudi Riyal, supervising commercial banks, managing foreign exchange reserves, promoting price and exchange rate stability, and ensuring the growth and soundness of the financial system, operating a number of cross-bank electronic financial systems such as MADA,SARIE,and SADAD.