The Saudi Central Bank (SAMA) has issued a landmark directive banning the use of promissory notes and other commercial papers ...
The Saudi Central Bank (SAMA) directed finance companies to stop requesting promissory notes or any commercial paper from individual customers when offering credit card financing products. SAMA ...
RIYADH — Saudi Central Bank (SAMA) has instructed all banks, local lenders and finance companies operating in the Kingdom to cancel previously issued promissory notes linked to credit card products ...