Regulatory Alerts2018-01-01
Decision No. 356 of 2018 Approving the Regularization of Two Al-Oula Microfinance Company Branches
The Financial Regulatory Authority issued Decision No. 356 of 2018 to approve the regularization status of two branches belonging to Al-Oula for Microfinance Company. This regulatory measure formally authorizes these specific branches to legally conduct microfinance activities under the updated framework. The decision resolves their operational compliance requirements, enabling them to continue serving microfinance clients without regulatory impediments.
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