Further to SAMA Circular No. 381000058504 dated 1/6/1438H, reporting the regulatory guide of Business Continuity Management Framework in the banking sector, and based on SAMA's supervisory and regulatory role in seeking to maintain the continuity of banking operations and reduce the risks that the banking sector may face from disasters and business interruptions

I would like to inform you that local banks must implement the necessary precautionary measures to ensure the continuity of branch services by finding alternative solutions and plans in the event of a power outage by the service provider – God forbid-. SAMA also hopes that efforts will continue to ensure the continuity of banking operations by providing backup generators for branches and main operating centers in various regions of the Kingdom, based on the bank's assessment, and to ensure service delivery to customers as required, ensuring that the backup generators can work and their absorptive capacity, and conducting the necessary periodic tests and maintenance to ensure the readiness of the backup generator to work in the event of any power outage by the service provider, in addition to coordinating with the Saudi Electricity Company to include the main and backup data centers and the bank's headquarters on a priority list and to discuss possible options with the company to provide full support and reduce the impact of scheduled and unscheduled power outages, ensuring a swift return to operations without affecting banking services.

Please take note and act accordingly as of 1/1/2022, and to provide SAMA within three months from its date with a list of branches that will be provided with backup generators, along with the designated timeline for this plan, ensuring it does not exceed the targeted date referred to above.