Awareness Workshop with Bank Officials

​​The Bankruptcy Commission conducted an awareness workshop with bank officials on Wednesday 27/05/1441 corresponding to 22/01/2020, at the Saudi Arabian Monetary Authority in Riyadh, which was attended by bank officials, Saudi Arabian Monetary Authority officials, National Competitiveness Center officials and representatives of the Bankruptcy Commission.

The workshop aimed to raise awareness of the new Bankruptcy Law provisions as well as benefit from any feedback and suggestions in regards to developing the procedures, by defining the economic role of the Bankruptcy Law and the benefits that will accrue to banks from the application of the Law, as well as defining the role of banks in enabling the Law, and governing Bankruptcy procedures.