The Saudi Central Bank (SAMA) has licensed Nama United Financing Company to conduct real-estate finance, production assets finance, small and medium enterprise finance, finance leasing, and consumer finance. With this authorization, the total number of finance companies licensed and permitted by SAMA has risen to 64. SAMA also reiterated that customers should deal only with authorized financial institutions and noted that the list of licensed and permitted entities is available on its official website.
Saudi Arabian Monetary Authority 2025-01-16
The Saudi Central Bank licenses Nama United Financing to provide five finance activities
The Saudi Central Bank (SAMA) has licensed Nama United Financing Company to offer real-estate finance, production assets finance, SME finance, finance leasing, and consumer finance. This brings the total number of finance companies licensed by SAMA to 64. SAMA advises customers to engage only with authorized financial institutions, with a list available on its website.