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Saudi Central Bank is the new name of SAMA as per the latest approval by Councils of Ministers. The approval is granted under King Salman on 24th November 2020. More details below.
Saudi Central Bank is the new name of SAMA
“The Council of Ministers approves the system of the Saudi Central Bank, and the name of the Central Bank of Saudi Arabia replaces the name of the Saudi Arabian Monetary Agency.”
The bank maintains the abbreviation “SAMA” due to its historical importance and its position both locally and internationally.
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