​​​The Saudi Central Bank (SAMA) and the Central Bank of the Republic of Turkey (CBRT) signed today a Memorandum of Understanding (MoU) to enhance cooperation between the two central banks. This MoU establishes a framework between the two institutions, focusing on financial stability and financial technologies.

The MoU was signed during a meeting between the Governor of SAMA, Mr. Ayman Al-Sayari, and the Governor of the CBRT, Dr. Fatih Karahan, on Tuesday, September 3, 2024, held on the sidelines of 24Fintech conference in Riyadh.​​