The Saudi Central broadcasts the license for Straightforward Financial institution as a brand new digital financial institution

Saudi Central Financial institution emblem


The Saudi Central Financial institution “Sama” introduced the issuance of the Cupboard’s approval of the license for a brand new digital financial institution within the identify of (EZ Financial institution), with a capital of two.5 billion riyals.


With the issuance of this license, the whole variety of licensed banks within the Kingdom has turn out to be 39 banks, of which 15 native banks, and 24 branches of a international financial institution.


Throughout its assembly as we speak, the Council of Ministers agreed that the Minister of Finance issued a license for the “Straightforward Financial institution” financial institution.


Straightforward Financial institution was established in partnership between the Ajlan Group and his brothers Holding and Qatar Nationwide Financial institution QNB, and is energetic within the digital banking providers sector.

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