The Saudi Arabian Monetary Agency (Sama) has recently launched an Operation Model of United Monetary Centers in Taif, which has enabled the Kingdom to support the development of the national economy and the financial sector development program for the year 2030 and the role of the private sector in the economy of Saudi Arabia.
Governor of the Saudi Arabian Monetary Agency (SAMA), Ahmed ben Abdulkerim Al Khulaye, sponsored inauguration ceremony. Representing member banks and the company's business partner are one of the strategic goals of the company, which is to minimize potential operational risks for improving the cash cycle in the Kingdom and eliminating deficiencies in the existing operating model.
The Multi-Bank Banking Center – The MBCC Program aims to integrate Bank's Cash Centers and Local Banks into Unified Centers, and to provide advanced technology to all local banks and the retail sector with high quality standards and recent developments in this area. Transfer funds and transfer ATMs on new technologies and mechanisms, as well as use operational companies with international and local expertise in this field.
Sama 34 was distributed in accordance with geographical and demographic criteria of the uniform monetary centers used by the center in accordance with the best coverage of large geographical areas and the effective allocation of facilities to more than 135 centers in place of central and central banks.