Central Bank/ A comparative study between the United Kingdom and the Kingdom of Saudi Arabia. How the Central bank manages the Banks effectively to avoid insolvency did the observation be enough or need to develop

Abstract

The efficacy and efficiency of a banking system are critical to the success of an economic system at all times. As a result of a state's ability to finance comprehensive economic development and its ability to accumulate surpluses from entering various sectors, as well as the automatic diversification of multiple banking services, modern banks have become competitive to provide for their customers, which has elevated the banking sector to one of the most important economic sectors. The banking sector's growth is correlated with the development of the economic form and system that has been adopted, and as a result, it requires additional resources to continue its development and implement policies that will enable it to organise its job and guide its activities in order to obtain the required results. In terms of being considered a system to regulate performance and guarantee the accomplishment of set objectives, supervision is seen as a constant and continuous role that should be carried out in all areas of human activity in banks and financial institutions. Some country's financial condition must be developed in order for it to progress. With the numerous changes and crises that the financial environment has experienced, the need for permanent control over funds, their movement and their value has arisen in order to achieve the objectives of management while avoiding pitfalls and maintaining the duties and roles of central banks.