AI Summary
The governor of Saudi Arabian Monetary Agency (SAMA), Dr. Fahd Al-Mubarak said that the agency received 28 requests for real estate financing practicing license.
SAMA issued 14 final licensing approvals and 5 preliminary approvals until completing the requirements of the Saudi Ministry of Commerce and Industry; according to Okaz newspaper.
Argaams’ compiled data indicated that SAMA granted its final real estate financing approval for the following 14 banks and companies:
|
SAMA’s real estate financing approvals |
||
|
Approved activities |
Entity type |
Name |
|
Real Estate financing and Financial lease |
Bank |
RiyadhBank |
|
Real Estate financing |
Bank |
SABB |
|
Real Estate financing and Financial lease |
Bank |
ArabNational |
|
Real Estate financing |
Bank |
SAMBA |
|
Real Estate financing and Financial lease |
Bank |
NCB |
|
Real Estate financing |
Bank |
SaudiFransi |
|
Real Estate financing and Financial lease |
Bank |
Al-Bilad |
|
Real Estate financing and Financial lease |
Bank |
Al-Rajhi |
|
RealEstate financing |
Company |
AmlakInternational |
|
Financial lease, smallandmediumenterprises’ financingandconsumerfinance |
Company |
Nayifatfinancing |
|
RealEstate financing |
Company |
DarAlTamleek |
|
Financial lease |
Company |
SaudiOrix |
|
Financiallease,smallandmediumenterpris’ fig and consumer finance |
Company |
Al-Yusr |
|
RealEstate financing |
Company |
Sahl |
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