‎SAMA: Minimal impact of tariffs, no negative effects on banking sector

‎SAMA: Minimal impact of tariffs, no negative effects on banking sector ‎SAMA: Minimal impact of tariffs, no negative effects on banking sector

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Logo ofSaudi Central Bank (SAMA)

The Saudi Central Bank (SAMA) stated that the direct impact of tariffs and global trade tensions will be limited on the Kingdom’s financial and banking sectors, with no detrimental effects on the banking transactions.

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SAMA noted that the rise in global trade protectionism and growing economic uncertainty have a notable impact on global trade and markets, though the magnitude of the effects varies by country, Al-Eqtisadiah newspaper reported.

It emphasized that Saudi Arabia’s financial sector remains highly resilient and shock-absorbing.

The bank added that the capital adequacy ratio (CAR) stood at 19.3% by the end of Q1 2025, while the Tier 1 capital ratio reached 18.1%, both of which are well above regulatory requirements and demonstrate the strength of the banking sector’s capital base in the Kingdom.

 

Logo ofSaudi Central Bank (SAMA)

The Saudi Central Bank (SAMA) stated that the direct impact of tariffs and global trade tensions will be limited on the Kingdom’s financial and banking sectors, with no detrimental effects on the banking transactions.

SAMA noted that the rise in global trade protectionism and growing economic uncertainty have a notable impact on global trade and markets, though the magnitude of the effects varies by country, Al-Eqtisadiah newspaper reported.

It emphasized that Saudi Arabia’s financial sector remains highly resilient and shock-absorbing.

The bank added that the capital adequacy ratio (CAR) stood at 19.3% by the end of Q1 2025, while the Tier 1 capital ratio reached 18.1%, both of which are well above regulatory requirements and demonstrate the strength of the banking sector’s capital base in the Kingdom.

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