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Saudi Central Bank

Saudi Central Bank
البنك المركزي السعودي
HeadquartersRiyadh, Saudi Arabia
Established4 October 1952 (1952-10-04)
Ownership100% state ownership[1]
GovernorAyman Al-Sayari
Central bank ofSaudi Arabia
CurrencySaudi riyal
SAR (ISO 4217)
Reserves$603.9 billion[1]
Preceded bySaudi Arabian Monetary Authority
Websitesama.gov.sa

The Saudi Central Bank (Arabic: البنك المركزي السعودي), previously known as the Saudi Arabian Monetary Authority (SAMA; Arabic: مؤسسة النقد العربي السعودي),[2] established in 1952, is the central bank of the Kingdom of Saudi Arabia. Despite the name change in 2020, the Saudi Central Bank has continued to use the same acronym (SAMA).[3]

  1. ^ a b Weidner, Jan (2017). "The Organisation and Structure of Central Banks" (PDF). Katalog der Deutschen Nationalbibliothek.
  2. ^ "Saudi Arabia's SAMA renamed Saudi Central Bank". www.tradearabia.com. Retrieved 13 September 2021.
  3. ^ "SAMA renamed to Central Bank of Saudi Arabia, policy remains unchanged says governor". Al Arabiya English. 25 November 2020. Retrieved 16 June 2023.

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