The Central Bank received a letter from the Governor of the General Organization for Pension No. 15386/S dated 08/05/1439 AH regarding the intention of the General Organization for Pension and the General Organization for Social Insurance to shift to disbursing pensions according to the Gregorian calendar. Pensions will be paid starting from February 2018 on the 25th of each Gregorian month.

Accordingly, the Central Bank hopes that your specialists will take into account the new approved dates for disbursing pensions when collecting monthly installments for credit obligations.