2021 Annual Report En · Table (p.12)
From 2021-annual-report-en.pdf · page 12
| 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Launch of the first savings product backed by the government | strengthen collaboration with the private sector to provide various saving products | The Saudi Central Bank (SAMA) strives to launch a Fintech strategy that will promote and enhance the development of the innovation system in financial services | |||||||||||
| Updating Finance Laws to keep abreast of the latest developments in the finance sector, address issues and legal gaps, and expand SAMA’s powers to control the sector | Granting licenses for fintech companies to engage in debt-based crowdfunding activities and finance aggregator services | Issuing Rules on Liquidity Risk Management for finance companies to support the management of liquidity risk and contribute to the stability and growth of the sector | |||||||||||
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