هذه المقالة متاحة أيضًا بـ العربية (Arabic)
- Saudi Central Bank (SAMA) Grants License to Nayla Finance
- The license reflects Saudi Arabia’s ongoing efforts to expand support for companies offering microfinance services.
The Saudi Central Bank (SAMA) has announced the issuance of a license to Nayla Finance to operate in the field of microfinance, bringing the total number of licensed financing companies in the Kingdom to 66.
This move comes as part of SAMA’s ongoing efforts to support and develop the financing sector, aiming to enhance the efficiency and flexibility of financial transactions across the Kingdom.
Promoting Financial Inclusion in the Kingdom
The initiative also aligns with the bank’s strategic objective of promoting financial inclusion by ensuring that financial services are accessible to all segments of society, and by fostering innovation in financial services.
SAMA emphasized the importance of dealing only with financial institutions that are licensed or authorized by the Central Bank.
Individuals and businesses can verify the status of financial institutions by visiting the official SAMA website.