Based on the role of the Saudi Arabian Monetary Authority (SAMA) in supervising and controlling the financial institutions under its supervision and in order to apply the principle of fairness and transparency, and to adhere to instructions communicated to banks regarding implementing only the allowed salary deduction percentages stipulated in the regulations and instructions.

Whereas it has been proven that the National Commercial Bank has deducted more than the percentages specified by the system, SAMA imposed a fine on the National Commercial Bank, and it drew the bank's attention to the violation in its business, and verification of procedures Corrective action for the violation committed.

SAMA calls on the financial institutions under its supervision to abide by the regulations and instructions, in particular what affects the rights and interests of customers.