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Saudi Arabia approves licence for D360 digital bank

D360 Bank given approval to launch operations in Saudi Arabia

D360 bank Saudi Arabia
D360 Bank given approval to launch operations in Saudi Arabia

The Saudi Central Bank (SAMA) has given the D360 Bank, a licensed digital bank, permission to start its banking operations in the Kingdom.

This development aligns with SAMA’s strategy to support the stability of the financial sector and promote trust, stimulate economic growth, and encourage competition in the banking sector.

The launch of D360 Bank, one of three licensed digital banks in the Kingdom, reflects the dynamic nature and high growth potential of the Kingdom’s economy, underscoring SAMA’s efforts to establishing a robust regulatory system that fosters innovation.

D360 Bank in Saudi Arabia

SAMA is committed to ensuring the banking sector’s contribution toward achieving the national aspirations.

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