SAMA Foreign Holdings

Saudi Arabian Monetary Agency

Saudi Arabia US$ 675.9* Billion
Established: N/A
Transparency Rating: 4
View Sovereign Fund Transaction Data
View Asset Allocation
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Origin: Oil
Firm Investment Style: N/A
Entity Structure: Fund in Central Bank
Population Est.: 29.2 million – 2012
Wealth Per Capita Est.: $23,147
Summary
Some of the funds are managed by the Saudi Arabian Monetary Agency (SAMA), the central bank of the Kingdom of Saudi Arabia, which was established in 1952.

Background
As of 2013, Saudi Arabia is the largest crude oil exporter. It is the only producer with significant spare capacity. A massive allocation of the oil receipts have been invested in international financial markets. A large and persistent fall in oil prices could cause a reversal of these outflows.

Before the creation of the Saudi Arabian Monetary Agency (SAMA), Saudi Hollandi Bank, part of the Netherlands Trading Society, from 1926 held the Kingdom of Saudi Arabia’s gold reserves and incoming oil revenue. It was the first operating bank in Saudi Arabia.

Under King Abdulaziz, the Saudi Arabian Monetary Agency was established in 1952. Saudi Hollandi Bank transitioned their responsibilities as de facto central bank.

>> Key Executives and People

Main Office
Saudi Arabian Monetary Agency
Al-Ma’ather Street

Mailing Address
P.O. Box 2992
Riyadh 11169
Saudi Arabia
Tel: +966-1- 463-3000

Strategy & Objectives
A significant portion of surplus oil revenues are invested in low-risk assets, such as sovereign debt instruments. Some foreign holdings are being allocated to securities like fixed income and equities to enhance reserve returns.

Governance
The resources are managed by the Saudi Arabian Monetary Agency (SAMA).

*Calculated – Foreign Assets (Net) SAMA

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