Bank / Credit Union

Saudi General Auditing Bureau closes 138 ATMs

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December 28, 2020

The Saudi General Auditing Bureau has closed more than 138 ATMs in designated governorates within the Municipality of Jazan, Saudi Arabia, for operating without completing procedures for obtaining licenses.

In addition, 65 bank branches were closed for operating on lapsed licenses, according to a report in the Gulf News, and a number of financing companies were also fined for operating without a license.