SAMA Launches 'Naqd' for Government Banking Services
The digital platform aimed at simplifying banking services for government agencies.
The Saudi Central Bank (SAMA) has launched "Naqd," a digital platform aimed at simplifying banking services for government agencies.[1]
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This platform allows secure online access to government accounts at the Saudi Central Bank, facilitating financial transactions. "Naqd" forms part of SAMA's strategy to enhance banking services for government entities, supporting their digital transformation.
It enables agencies to manage accounts, access information, and monitor transactions efficiently and securely in real time, promoting streamlined financial operations.
Saudi Vision 2030 outlines a strategic plan for the Kingdom's future development, focusing on economic diversification and societal progress. A key component of this vision is the widespread adoption of digital transformation across various sectors.