Saudi Central Bank launches centre to combat financial fraud


FE Team | Published: July 26, 2022 22:54:17


Saudi Central Bank launches centre to combat financial fraud


RIYADH, July 26 (Arab News): Saudi Central Bank has launched the Joint Operations Centre for banks to follow up and monitor cases of financial fraud, the Saudi Press Agency reported.
Inaugurated by the central bank's governor, Fahd bin Abdullah Al-Mubarak, the centre seeks to improve the customer experience and tackle confirmed cases of financial fraud that Saudi bank customers may be exposed to.
This comes as part of the institution's continuous support for the stability of the banking sector, Al-Mubarak added. Additionally, the bank - also known as SAMA - announced the completion of connectivity to the Saudi Business Centre utilizing its Tanfeeth programme.

Share if you like