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|07 April, 2019

Saudi central bank revokes licence of Abdulaziz Abdullah Al-Zamil

The licence was revoked at the company's request

Image used for illustrative purpose. A trader monitors stocks at a Saudi Bank in Dammam.

Image used for illustrative purpose. A trader monitors stocks at a Saudi Bank in Dammam.

REUTERS/Stringer .

RIYADH: Saudi Arabia's central bank has revoked foreign exchange firm Abdulaziz Abdullah al-Zamil Co’s licence for exchange services.

The regulator issued a resolution to cancel the company's licence to carry out money exchange and cash transfers, it said.

The licence was revoked at the company's request, the central bank's statement said.

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(Reporting by Marwa Rashad Editing by David Goodman) ((Hadeel.AlSayegh@thomsonreuters.com; +971566883310;))

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