Overview

Saudi Arabia's financial sector is regarded as one of the world's most sophisticated. Saudi Arabia's reputation as an internationally renowned finance centre has been fostered by a stable economic and political environment, as well as favorable legal and tax policies.

Financial Overview

Saudi Arabia is home to one of the most developed, liquid, sound, well-capitalized, and efficient financial services sectors in the world. As a key enabler of Vision 2030’s ambitions, the sector is expected to play an even greater role to support the development of the national economy, diversify its sources of income, provide different sources of financing, attract foreign capital, stimulate savings and investments.

The government is actively supporting financial institutions to enable public and private sector growth, develop an advanced capital market, and increase funding to micro, small and medium enterprises (MSMEs)