The Saudi Arabian Monetary Authority (SAMA) governor met the governor of the Central Bank of Syria on the sidelines of Money 20/20 Middle East to explore expanded cooperation in financial services. Discussions covered technical support and training related to banking supervision, fintech, payments and monetary policy, alongside cooperation on regulating remittance transfers and strengthening financial sector supervision. The governors agreed to maintain communication and exchange visits, and the Syrian governor also held bilateral meetings with senior officials from Saudi banks to explore cooperation with the Saudi banking sector.
Saudi Arabian Monetary Authority 2025-09-15
Saudi Arabian Monetary Authority meets Central Bank of Syria to expand cooperation on supervision fintech payments and remittances
The Saudi Arabian Monetary Authority and the Central Bank of Syria discussed expanding cooperation in financial services during Money 20/20 Middle East. Key topics included technical support, banking supervision, fintech, payments, monetary policy, and remittance regulation. The governors agreed to maintain communication and exchange visits, with the Syrian governor also meeting Saudi bank officials to explore further collaboration.