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Saudi Central Bank (SAMA) · Entity licensing

Saudi Central Bank Licenses New Finance Debt Collection Company

البنك المركزي السعودي يُصدر ترخيصاً لشركة جديدة لتحصيل ديون التمويل

No action neededAwareness

The Saudi Central Bank (SAMA) has licensed Mani, a finance debt collection company, to provide debt collection services for finance institutions. The license was granted following completion of all requirements set out in SAMA's "Rules of Licensing Finance Support Activities." SAMA invites institutions seeking to carry out finance debt collection activity to consult the relevant rules, laws, and guidelines on its official website, and stresses the importance of dealing exclusively with licensed and authorized financial institutions.

PublishedFebruary 16, 2023
Effective
GazetteNot gazetted
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