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SAMA Foreign Holdings (Saudi Arabian Monetary Authority)

At the time of its establishment, Saudi Arabia did not have a monetary system of its own. Foreign currencies were used as a medium of exchange, along with Saudi silver coins. Saudi bank notes had not yet been issued. Banking was conducted by foreign bank branches. Therefore, the first task of the SAMA was to develop a

Headquarters
Riyadh, Saudi Arabia

Decision-makers

Ayman Mohammed Alsayari
Deputy Governor
Turki Dhaifallah Almutairi
Deputy Governor
Fahad Abdullah Aldossari
Deputy Governor
Hashem Othman Alhekail
Deputy Governor
Dr. Fahad Ibrahim Alshathri
Deputy Governor
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