The need to send timely and accurate information and reports from the banks to the central bank. The offending credit institutions were fined according to the central bank's notice, in November of last year, in order to establish a coherent framework for establishing a uniform approach in the process of receiving information from credit institutions and systematizing disciplinary measures and related incentives, the central bank notified the banking network in the country of "instructions for the exchange of information of the central bank with the credit institutions". According to section (7) and (15) of these regulations, the level of reporting quality and the amount of the riyal fine due to the delay in sending the information requested by the central bank for each of the credit institutions are reviewed on a quarterly basis. Based on this, the total fine of the banking network was 3282 billion Rials, which will be deducted from the banks' accounts according to Article 25 of the Central Bank Law.

The need to send timely and accurate information and reports from the banks to the central bank. The offending credit institutions were fined according to the central bank's notice, in November of last year, in order to establish a coherent framework for establishing a uniform approach in the process of receiving information from credit institutions and systematizing disciplinary measures and related incentives, the central bank notified the banking network in the country of "instructions for the exchange of information of the central bank with the credit institutions". According to section (7) and (15) of these regulations, the level of reporting quality and the amount of the riyal fine due to the delay in sending the information requested by the central bank for each of the credit institutions are reviewed on a quarterly basis. Based on this, the total fine of the banking network was 3282 billion Rials, which will be deducted from the banks' accounts according to Article 25 of the Central Bank Law.