Banks will not deduct loans from allowances to military: SAMA

25/02/2019 Argaam

The Saudi Arabian Monetary Authority (SAMA), the Kingdom central bank, has ordered all Saudi banks not to deduct any installments from the allowances recently granted by Crown Prince Mohammed bin Salman to the military staff.

The Crown Prince on Sunday ordered the payment of a month’s salary to military personnel involved in operations on the country’s southern borders with Yemen.


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