Bank Albilad’s Enjaz Payment Services Company now incorporated
Bank Albilad, a Saudi joint stock company, headquartered in Riyadh, has successfully carve out of its remittance business, Enjaz, into a new payment services company. The new company has been licensed by the Saudi Central Bank (“SAMA”) as a major electronic money institution (EMI) under its Payment Service Provider Regulations. The payments and remittances activities, […]