Riyadh: The Saudi Central Bank (SAMA) hosted a delegation at its office in Riyadh on Tuesday. The delegation comprised 40 members from the Hong Kong Monetary Authority’s Academy of Finance (AoF) as well as executive leaders from financial institutions in Hong Kong, China.
According to Saudi Press Agency, the visit took place as part of the AoF’s selection of Saudi Arabia as an external destination for its Financial Leaders Program for 2025. It aims to strengthen relations, exchange knowledge between SAMA and the AoF, and integrate efforts to develop leadership competencies in the financial sector. The delegation was keen to learn about SAMA’s role in supporting the financial sector, in addition to SAMA’s most prominent initiatives and achievements in the finance-technology (fintech) sector in Saudi Arabia.
The visit program consisted of several activities, including a bilateral meeting between SAMA Deputy Governor for Government Banking and Currency Ibrahim Binmayouf, and AoF chief executive Enoch Fung during which they discussed several topics of mutual interest.
Moreover, the visit program included a dialogue session in which specialists from SAMA gave presentations on topics related to the economy, fintech, and financial innovation. The session also featured interactive participation from the AoF delegation, which concluded its visit with an introductory presentation on the history of the Saudi currency, its issuances, its development, and a visit to the Fintech Saudi’s headquarters.