Skip to main content

Article 22

No: 2/MFC Date(g): 24/2/2013 | Date(h): 14/4/1434

Effective from Feb 24 2013 - Mar 07 2013
To view other versions open the versions tab on the right

 1.SAMA may charge the following: 
  a.(200,000) two hundred thousand Saudi riyals for issuing the License;
  b.(100,000) one hundred thousand Saudi riyals for renewing the License; and
  c.(50,000) fifty thousand Saudi riyals for amending the License.
 2.Notwithstanding the provision of Paragraph 1 of this Article, the financial fees for issuing the license to practice microfinance activity, renew it or amended it is (10.000) Ten Thousand Saudi Riyals.