Banking and Finance Sector
Vision 2030 places a strong emphasis on developing the Kingdom’s financial sector to foster economic growth. This includes encouraging innovation, expanding financing options for small and medium-sized enterprises (SMEs), enhancing real estate financing, and promoting financial inclusion, ultimately strengthening the Kingdom’s position as a regional and global financial hub.
The banking and finance sector is governed by multiple regulatory frameworks, including the Banks Control Law, the Capital Market Law, and regulations enforced by the Saudi Central Bank and the Capital Market Authority. These regulations ensure financial stability, protect customer rights, and maintain transparency, while adhering to international standards in combating money laundering and terrorist financing.
At DB&CO, we provide expert legal advice on banking and finance regulations, draft and review financial contracts—such as Islamic financing agreements— represent clients in disputes, and offer training on regulatory compliance. Our services contribute to enhancing the efficiency of the financial sector and supporting the Kingdom’s broader economic objectives as part of Vision 2030
