Riyadh: The Saudi Central Bank (SAMA) hosted a delegation at its office in Riyadh, comprising 40 members from the Hong Kong Monetary Authority's Academy of Finance (AoF) and executive leaders from financial institutions in Hong Kong, China.
According to Saudi Press Agency, the visit was part of AoF's selection of Saudi Arabia as an external destination for its Financial Leaders Program for 2025. The program aims to strengthen relations, exchange knowledge between SAMA and the AoF, and integrate efforts to develop leadership competencies in the financial sector. The delegation focused on understanding SAMA's role in supporting the financial sector and its initiatives in the fintech sector in Saudi Arabia.
The visit included several activities, such as a bilateral meeting between SAMA Deputy Governor for Government Banking and Currency Ibrahim Binmayouf and AoF Chief Executive Enoch Fung. They discussed topics of mutual interest. Additionally, a dialogue session featured specialists from SAMA presenting on the economy, fintech, and financial innovation. The AoF delegation participated interactively and concluded their visit with an introductory presentation on the history of the Saudi currency and a visit to Fintech Saudi's headquarters.