The Saudi Central Bank (SAMA) granted the Digital Bank “D360", a licensed digital bank, no objection to commence its banking operations in the Kingdom.
This development aligns with SAMA's strategy to support the stability of the financial sector and promote trust therein, foster economic growth, and promote competition within the banking sector. D360's launch reflects the dynamism and high growth potential of the Kingdom's economy, underscoring SAMA's efforts to build a robust regulatory system that encourages innovation.
Furthermore, SAMA is committed to ensuring that the banking sector contributes to achieving Saudi Vision 2030 and the national aspirations.
“D360" is one of the three licensed digital banks in Saudi Arabia.
