SAMA greenlights Mal for Finance to offer finance aggregation services

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NOHA.GAD
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Nov 10, 2024
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Riyadh - Sharikat Mubasher: The Saudi Central Bank (SAMA) granted license to Mal for Finance Aggregator Service Company to provide finance aggregation services, bringing the number of licensed providers of finance aggregation services in the Kingdom to four, a recent statement revealed.

This decision underpins the central bank’s commitment to fostering the financial sector, enhancing the efficiency of financial transactions, and promoting innovative financial solutions for financial inclusion in Saudi Arabia. 


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