Saudi central bank governor expects banks to be ready for Basel II

Speaking at a discussion on corporate governance for banks in Saudi Arabia, Al-Sayari said: “I wish to draw to your attention that SAMA is currently directing the banks in the Kingdom towards the adoption of Basel II Capital Adequacy standard by January 1, 2008. I expect all banks to easily meet the required capital requirements, and this will be positively reflected in fostering the risk management and corporate governance culture deemed essential for meeting the challenges of the forthcoming

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here