{"id":57634,"date":"2025-09-18T21:33:39","date_gmt":"2025-09-18T18:33:39","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=57634"},"modified":"2026-03-28T08:19:50","modified_gmt":"2026-03-28T05:19:50","slug":"vision-bank-receives-saudi-central-bank-sama-no-objection-for-official-launch","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/vision-bank-receives-saudi-central-bank-sama-no-objection-for-official-launch\/","title":{"rendered":"Vision Bank Receives Saudi Central Bank (SAMA) No Objection for Official Launch"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Riyadh, Kingdom of Saudi Arabia \u2013 17 September 2025:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Vision Bank has received the \u201cNo Objection\u201d from the Saudi Central Bank (SAMA) to commence its banking operations in the Kingdom, marking a significant milestone aimed at introducing the public to Vision Bank and its innovative financial services.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This announcement underlines Vision Bank\u2019s commitment to delivering a distinctive banking experience built on trust and innovation. The Bank leverages technological advancements to create an interactive and transparent banking environment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Vision Bank is focused on establishing a corporate identity deeply connected to the needs of Saudi society, in alignment with the Kingdom\u2019s digital transformation objectives and Saudi Vision 2030.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On this occasion<strong>, Mr. Sulaiman bin Abdulrahman Al-Rashed, Chairman of the Board of Directors<\/strong> of Vision Bank, expressed his delight at receiving SAMA\u2019s \u201cNo Objection\u201d to commence operations, stating:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cI extend my deepest gratitude and appreciation to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud and to His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister \u2013 may Allah protect them \u2013 for their unwavering support for the nation\u2019s progress and their dedication to the prosperity of the Saudi people and the development of the Kingdom across all fields. I would also like to thank the Saudi Central Bank (SAMA) for its pivotal role in enabling and advancing the banking sector. Al-Rashed concluded: The launch of Vision Bank is a true embodiment of our commitment to Saudi Vision 2030. Vision Bank reflects the values of excellence, transparency, and forward-looking finance, offering a world-class banking experience rooted in Saudi soil and reflective of the Kingdom\u2019s ambitions.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For his part, <strong>Mr. Abdul Shakeel Aidaroos, Chief Executive Officer of Vision Bank<\/strong>, affirmed: \u201cThe guidance and support of the Saudi Central Bank were instrumental in enabling us to efficiently meet all regulatory and supervisory requirements. This milestone is aligned with our ambitious vision to provide banking services to all customers who seek modern solutions that seamlessly integrate with their lives and aspirations, powered by global technologies and data-driven insights.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He further emphasized Vision Bank\u2019s unwavering commitment: \u201cWe believe that using cutting-edge technology can enable progress, empower communities, and improve everyday life. Our approach is rooted in trust, innovation, and a commitment to serving individuals, families, and entrepreneurs.&#8221; Licensed by a resolution of the Council of Ministers, Vision Bank will operate under the supervision of the Saudi Central Bank (SAMA), backed by an alliance of prominent companies and investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Riyadh, Kingdom of Saudi Arabia \u2013 17 September 2025: Vision Bank has received the \u201cNo Objection\u201d from the Saudi Central Bank (SAMA) to commence its banking operations in the Kingdom, marking a significant milestone aimed at introducing the public to Vision Bank and its innovative financial services. This announcement underlines Vision Bank\u2019s commitment to delivering [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":57635,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-57634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized 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