The Bank Licensing Service in Saudi Arabia is provided by the Saudi Central Bank (SAMA). It aims to regulate the banking sector and ensure compliance with international and local financial and legal standards. The service contributes to creating a secure and reliable banking environment that enhances financial system stability and supports the growth of the national economy.

The service includes issuing and renewing licenses for banks and financial institutions, adhering to legal requirements such as submitting a comprehensive feasibility study, founding documents, and meeting the minimum capital requirements. Institutions are also required to present clear risk management plans and comply with financial compliance standards.

This service builds trust between customers and banking institutions, fostering transparency and encouraging investment in the financial sector. It aligns with Saudi Vision 2030 to strengthen the financial sector and attract global institutions.