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SAMA Completes Connectivity to Board of Grievances Through ‘Tanfeeth’ Program
8/28/2023 7:00 PM


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Today, on Monday, August 28, 2023, H.E. the Governor of the Saudi Central Bank (SAMA), Mr. Ayman Al-Sayari and H.E. the President of the Board of Grievances, Dr. Khaled Al-Youssef signed, an electronic connectivity agreement between the two parties through Tanfeeth program. The underlying objective is to optimize system connectivity and integration between Saudi government entities and banks operating in the Kingdom of Saudi Arabia, with a view to promoting the automation of processes and efficiency of workflows to realize Saudi Vision 2030 objectives. 

The Tanfeeth program seeks to promote operational efficiency by overcoming procedural hurdles in coordination with the government entities by upgrading the IT infrastructure for optimizing administrative processes including speed and quality.

Al-Sayari expressed his gratitude to D​r. Al-Youssef, as well as to the participating teams from the Board of Grievances and SAMA, for their effective roles in promoting cooperation and integration between the two entities, and for their ability to fully exploit and leverage the potential inherent in Tanfeeth.

On his part, Dr. Al-Youssef, the President of the Board of Grievances and President of the Administrative Judicial Council, extended his thanks to His Excellency the Governor of the Saudi Central Bank, expressing his hope that this agreement would foster mutual goals and achievements, while simultaneously showing appreciation for the efforts put forth by the teams from the Saudi Central Bank and Board of Grievances in the conclusion of the electronic connectivity agreement.​

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