SAMA Licenses “Edge Financing” Company

البنك المركزي السعودي يرخص لشركة "ايدج للتمويل"

The Saudi Central Bank (SAMA) announced the licensing of Edge Financing Company to practice small and medium enterprise financing and consumer financing. This brings the total number of licensed finance companies in the Kingdom to 71. SAMA stated the decision supports the finance sector and financial inclusion, and it emphasized the importance of dealing only with institutions licensed or authorized by SAMA.

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