Titanic – 10.83 – Saudi Central Bank (Riyadh, Saudi Arabia)

REGION E – THE MIDDLE EAST

THE SINKING OF THE TITANIC


Saudi Central Bank

ROTHSCHILD OWNED & CONTROLLED CENTRAL BANK

The Official Story

SAUDI CENTRAL BANK
(Riyadh, Saudi Arabia)


 

The Saudi Central Bank (SAMA); previously known as Saudi Arabian Monetary Authority (SAMA), established in 1952, is the central bank of the Kingdom of Saudi Arabia. After the name change in 2020, the Saudi Central Bank continued to use the same acronym SAMA.

History

Prior to the establishment of the Saudi Central Bank, the Saudi Hollandi Bank, a branch of the Netherlands Trading Society from 1926 acted as a de facto central bank. It kept the Kingdom’s gold reserves and received oil revenues on behalf of the Saudi Arabian government. In 1928 it assisted in the establishment of a new Saudi silver coin, commissioned by King Abdulaziz which became the Kingdom’s first independent currency. The Saudi Hollandia Bank handed over its responsibilities to the SAMA when it was established in 1952 and became a model for other foreign banks in the kingdom.

The modern central bank operates through regulatory infrastructure developed by Irish firm Vizor. In March 2020 and April 2020, the SAMA moved 150 billion Saudi riyals (US$ 40 billion) to the Public Investment Fund (PIF). US$ 25 billion was transferred in April and US$ 15 billion in May.

Functions

SAMA is the Central Bank of Saudi Arabia, the functions of the SAMA include issuing the national currency, the Saudi Riyal, supervising commercial banks, managing foreign exchange reserves, promoting price and exchange rate stability, and ensuring the growth and soundness of the financial system, operating a number of cross-bank electronic financial systems such as MADA (previously SPAN), SARIE, and SADAD.

SAMA Foreign Holdings

In addition to its functions, the Saudi Central Bank controls SAMA Foreign Holdings, the sovereign wealth fund of Saudi Arabia. The fund is the third largest sovereign wealth fund in the world, with assets of over $700 billion.

In October 2015, Governor Fahad Abdullah Al-Mubarak of the Saudi Central Bank was ranked #2 on the Public Investor 100.

Source: Wikipedia

Titanic (1997) – Stern Sinking Scene

The Truth

FALSE FLAG

A false flag is a covert operation designed to deceive; the deception creates the appearance of a particular party, group, or nation being responsible for some activity, disguising the actual source of responsibility.

AWAKEN SAUDI ARABIA

SUBLIMINAL
adjective

(of a stimulus or mental process) below the threshold of sensation or consciousness; perceived by or affecting someone’s mind without their being aware of it.

HISTORICAL TRUTH

TITANIC TRUTH

THE TIME IS NOW:

AWAKEN HUMANITY

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