Regulatory Alerts2023-02-26
List of Domestic Systemically Important Banks (D-SIBs) 2023
The Saudi Central Bank has designated five domestic financial institutions—Alahli Bank, Al Rajhi Bank, Riyad Bank, Saudi British Bank, and Saudi French Bank—as Domestic Systemically Important Banks (D-SIBs) for 2023 based on year-end 2022 financial data. This designation applies the established capital adequacy methodology from Circular No. 351...138356, requiring these banks to maintain higher capital buffers to mitigate systemic risk across the Kingdom's financial sector. The official list is distributed to all local banks operating within Saudi Arabia for immediate compliance and regulatory awareness.
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