Riyadh – September 15, 2025
The Saudi Central Bank (SAMA) has announced its no-objection for Vision Bank, a fully digital bank, to commence its banking operations in the Kingdom.
This decision aligns with SAMA’s objectives to support the stability of the financial sector, strengthen trust, and foster economic growth and competition within the banking industry, while maintaining the highest standards of security and transparency.
The approval highlights the resilience and attractiveness of Saudi Arabia’s banking sector, as well as the overall strength of the national economy, making the Kingdom a leading destination for investment and innovative financial services.
SAMA continues to play a pivotal role in advancing the Kingdom’s financial sector, boosting its contributions to Saudi Vision 2030, promoting financial inclusion, and supporting the growth of the digital economy by enabling financial institutions to deliver modern banking services across the Saudi market.
