Alinma Bank - ALINMA

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News

Fitch Rates Saudi Arabian Based Alinma Bank 'A-'; Outlook Stable
(Press Release - 12/12/2012)

Fitch Ratings has assigned Alinma Bank (Alinma) a Long-term Issuer Default Rating (IDR) of 'A-' with a Stable Outlook, a Short-term IDR of 'F2', a Viability Rating (VR) of 'bbb-', a Support Rating of '1' and a Support Rating Floor of 'A-'. RATING DRIVERS ...

ATM contains approval of SAMA for sale of Group Credit Life Products
(Tadawul - 05/12/2012)

Alinma Tokio Marine (ATM) announces receipt by fax on Tuesday 20/01/1434H corresponding to 04/12/2012G the Saudi Arabian Monetary Agency (SAMA) letter No. (341000007738) dated (18/01/1434H correspondence to 02/12/2012G containing the final approval of ...

Alinma Bank net profit rises to SR 179 m in Q2
(Arab News - 11/07/2012)

Alinma Bank has announced the achievement of a net profit of SR 179 million during the second quarter of the current year (2012) compared to a net profit of SR 102 million during similar quarter in 2011 and SR 150 million in the first quarter of 2012. ...

Alinma Bank reports Q1 net income of SAR 150 million ($40 million)
(CPI Financial - 09/04/2012)

The bank said the increase in net income was mainly due to significant growth in core banking activities and noted that certain prior period figures have been reclassified to conform with the current year presentation. Total operating income for the ...

Alinma unveils new website to provide better services
(Saudi Gazette - 15/02/2012)

Alinma Bank has relaunched its website (http://www.alinma.com www.alinma.com) with a range of enhancements that leverage the latest Internet banking technologies in order to provide bank partners (clients) with a streamlined user experience. This means ...

Corporate Announcements

Net profit announced for the 1st Quarter of the year 2013, SAR 221 million, an increase of 47%. - 10/04/2013
Net profit announced for the year 2012, SAR 733 million, an increase of 70%. - 14/01/2013
Net profit announced for the 9 months ending on 30/9/2012, SAR 526 million, an increase of 78%. - 10/10/2012
Net profit announced for the 1st Half of the year 2012, SAR 330.00 million, an increase of 91%. - 10/07/2012
Net profit announced for the 1st Quarter of the year 2012, SAR 150 million, an increase of 114%. - 09/04/2012

Commercial Bank - News

NBB and SIO Asset Management Company completes the purchase of shares
(Press Release - 21/05/2013)

National Bank of Bahrain BSC (NBB) and SIO Asset Management Company BSC(c) (SIOAM) today announced that they have completed the purchase of The Investment Dar KSC’s (TID) and associated companies shareholding of 51.6% in Bahrain Islamic Bank BSC (BisB). ...

AUB introduces new features to improve merchant profitability
(Press Release - 21/05/2013)

Ahli United Bank is rapidly expanding Point of Sale (POS) Acquiring in Bahrain with state of the art systems and terminals and innovative features to meet the growing needs and expectations of retail chains, hospitality, travel, telecom, utility ...

QNB Group to Start Operations in India
(Press Release - 21/05/2013)

QNB Group obtained the necessary approvals to establish a fully owned subsidiary under the name of “QNB (India) Private Limited” which is expected to commence its operations during the 3rd quarter of 2013. QNB (India) will take the role of extending ...

Bank Sohar participates in Immunization Week
(CPI Financial - 21/05/2013)

Bank Sohar partnered with the Directorate General of Health Services in organising an immunization drive in the North Batinah Region. Bank Sohar partnered with the Directorate General of Health Services in the North Batinah region to raise awareness ...

QNB Group officially welcomes Indian Republic
(Press Release - 21/05/2013)

QNB Group, the World’s Strongest Bank, has received all regulatory approvals to establish a fully owned subsidiary under the name of “QNB (India) Private Limited”, which is expected to commence its operations during the 3rd quarter of 2013 QNB (India) ...

AUB enhances merchant profitability from Point of Sale Terminals
(CPI Financial - 20/05/2013)

Ahli United Bank is expanding Point of Sale (POS) Acquiring in Bahrain with systems and terminals to meet the growing needs and expectations of retail chains, hospitality, travel, telecom, utility services, commercial establishments and other sectors. ...

NBK launches historical TV documentary celebrating 61st Anniversary
(CPI Financial - 20/05/2013)

National Bank of Kuwait (NBK) has launched a historical TV documentary entitled Story of Watani in celebration of its 61st anniversary, narrating its establishment in 1952 as the first indigenous bank and shareholders company in the GCC. The documentary ...

Commercial bank of Qatar holds inaugural alliance CEO meeting
(AME Info - 20/05/2013)

Andrew Stevens, Group Chief Executive Officer of Commercial Bank of Qatar (Commercial Bank or the Bank), recently hosted the inaugural monthly meeting of the Chief Executives of Commercial Bank's Alliance banks, designed to identify and discuss the best ...

Gulf Bank visits Kuwait Association for the Care of Children
(CPI Financial - 20/05/2013)

Gulf Bank announced that it has donated KWD 6000 to the Kuwait Association for the Care of Children in Hospitals (KACCH) as part of its ongoing commitment to provide charitable support to medical institutions across Kuwait. During his visit to Bait ...

Mashreq wins double at Smart Card Awards Middle East 2013
(Press Release - 19/05/2013)

Leading UAE National financial institution, Mashreq was a big winner at the recently held Smart Card Awards MiddleEast 2013 ceremony. Mashreq won over the independent panel of expert judges to walk away with two of the most coveted trophies of the ...

 
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