Browsing Tag

Credit card

Saudi Arabia records 21% surge in credit card loans to reach $8bn

Saudi banks recorded a 21 percent annual surge in credit card loans in the second quarter of 2024, reaching SR30.04 billion ($8.01 billion), according to official data. Figures from the Saudi Central Bank, also known as SAMA, showed that…
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Business

American Express joins Amazon network to benefit KSA cardholders

Credit card giant American Express has signed a deal with Amazon Payment Services, expanding cardholders’ use for their online payments in Saudi Arabia. Under the deal, Amex cardholders in the Kingdom will now be able to use their cards…
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