The Saudi Central Bank licensed Credit Line to engage in consumer microfinance activity, increasing the total number of finance companies licensed by the central bank to 77, and reiterated that customers should deal only with authorized financial institutions listed on its website.
Saudi Arabian Monetary Authority2026-07-13
Saudi Central Bank licenses Credit Line for consumer microfinance, bringing licensed finance companies to 77
The Saudi Central Bank licensed Credit Line to conduct consumer microfinance activity, taking its total number of licensed finance companies to 77.