Alinma Bank - (1150)

15.23 -0.03(-0.20%) Last Update 22/06/2017 17:07 KSA

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Alinma Bank names branches that are open during Eid Al-Fitr
(Saudi Gazette - 22/06/2017)

ALINMA Bank has announced that a number of its branches will remain open during the upcoming Eid Al- Fitr holiday to serve its partners (customers). From Saturday, June 24, 2017 through Saturday, July 1, 2017, the bank’s Takhassusi branch on Takhassusi ...

Alinma organizes Ramadan gatherings for its employees
(Saudi Gazette - 12/06/2017)

ALINMA Bank recently held its annual Ramadan gatherings for staff across the kingdom in the cities of Jeddah, Riyadh and Al-Khobar, where employees attended special Suhoor celebrations. In Riyadh, the event honored staff who had reached their tenth ...

Alinma Bank holds workshop on VAT
(Saudi Gazette - 31/05/2017)

THE Human Capital Education & Development Department at Alinma Bank, recently held a workshop on issues related to the value-added tax (VAT) that will be applied in Saudi Arabia beginning in 2018. The event, entitled «VAT Applications» took place last ...

Alinma Bank working hours in Ramadan
(Saudi Gazette - 28/05/2017)

Alinma Bank has announced the Ramadan working hours for its 136 branches across the Kingdom. With the exception of its 24/7, around-the-clock branch at Prince Mohammed bin Abdulaziz Airport in Madinah, all other bank branches will operate between the ...

Alinma CEO highlights corporate governance, best practices in meet
(Saudi Gazette - 14/05/2017)

ALINMA Bank CEO, Abdulmohsen Al-Fares, recently participated in the General Auditing Bureau’s 14th annual seminar, where he spoke about applying corporate governance and best practices in public sector institutions. The event, which was held at ...

KFUPM grads keen on Alinma
(Saudi Gazette - 03/05/2017)

ALINMA Bank recently participated in the 34th annual Career Day at King Fahad University for Petroleum and Minerals (KFUPM) in Dhahran, where interest in the bank amongst graduating students was strong. The event, held under the patronage of Prince Saud ...

Alinma Bank’s net profit up 8% to SR421m in Q1
(Saudi Gazette - 19/04/2017)

Alinma Bank has announced that it earned a net profit of SR421 million during the first quarter of 2017. This represents an 8% improvement over the SR391 million net profit earned in the corresponding quarter of 2016. This was also an increase over the ...

Alinma Bank approves SR745m dividend
(Saudi Gazette - 10/04/2017)

ALINMA Bank approved the distribution of SR745 million in dividends to shareholders for the 2016 fiscal year at its first extraordinary general assembly, held last April 6. The dividend payment equals 5% of the bank’s capital after deductions for Zakat. ...

Alinma Bank recognized as a Top 20 Saudi Brand
(Saudi Gazette - 03/04/2017)

ALINMA Bank has been recognized as one of the top 20 brands in Saudi Arabia by Kantar Millward Brown, one of the top market research firms worldwide and a member of the prestigious WPP family of marketing and advertising firms. Joining other perennial ...

Alinma fully supports govt’s housing plans
(Saudi Gazette - 07/03/2017)

THE Saudi Arabian Minister of Housing Majed Bin Abdullah Al Hogail recently visited Alinma Bank to meet with executives and to discuss issues related to the current state of housing and home financing in the kingdom. The meeting, which took place at the ...

Corporate Announcements

Net profit announced for the 1st Quarter of the year 2017, SAR 421 million, an increase of 8%. - 17/04/2017
Net profit announced for the year 2016, SAR 1.5 billion, an increase of 2.2%. - 17/01/2017
Cash dividend of SR 0.5 per share announced for the year 2016. - 20/12/2016
Net profit announced for the 9 months ending on 30/9/2016, SAR 1.11 billion, an increase of 2.6%. - 16/10/2016
Net profit announced for the 1st Half of the year 2016, SAR 800 million, an increase of 13%. - 21/07/2016

Commercial Bank - News

QNB sees minimal impact from standoff
(Gulf Times - 22/06/2017)

Qatar National Bank said it expects to meet its earnings targets as the ongoing Saudi-led campaign to ‘isolate’ the country has minimal impact on its operations. The Middle East’s largest lender by assets is confident it will reach its net profit growth ...

Alinma Bank names branches that are open during Eid Al-Fitr
(Saudi Gazette - 22/06/2017)

ALINMA Bank has announced that a number of its branches will remain open during the upcoming Eid Al- Fitr holiday to serve its partners (customers). From Saturday, June 24, 2017 through Saturday, July 1, 2017, the bank’s Takhassusi branch on Takhassusi ...

Omnia Pay partners with Mashreq Bank to enhance customer checkout
(CPI Financial - 21/06/2017)

Omnia Pay, in partnership with Mashreq Bank, has integrated its mobile point of sale solution (mPOS), POS Plus, and all-in-one payment devices into the checkout process of Home Centre, a leading home furnishings retailer with over 100 stores across the ...

Asian Banker honours Ahlibank official with 2 top awards
(Gulf Times - 21/06/2017)

Ahli Bank (Ahlibank) deputy CEO (Retail and Private Banking) Hassan AlEfrangi has received the ‘Promising Young Banker in Qatar and the Middle East Award 2017’ from the Asian Banker publication. AlEfrangi received the awards at the Asian Banker Business ...

Al Zaheimer Charity honors Emirates NBD – Saudi Arabia
(Saudi Gazette - 21/06/2017)

UNDER the patronage of Prince Ahmed Bin Abdul Aziz Al Saud, Al Zaheimer Association has honored Emirates NBD – Saudi Arabia for their remarkable financial and moral support that was offered by the bank in 2016 to support the patients in Saudi Arabia. ...

ENBD launches flexible overdraft facility
(Trade Arabia - 20/06/2017)

Emirates NBD (ENBD), a leading banking group in the region, has launched FlexiCash, providing customers with an overdraft credit facility to meet short term needs or sudden requirement of funds in an emergency, and repayable in a flexible manner. ...

Meethaq Islamic, SAFE Alloys sign pact to set up ferrochrome alloys pl
(Oman Daily Observer - 19/06/2017)

Meethaq Islamic Bank at Bank Muscat, signed a financial agreement with SAFE Alloys LLC, a Sohar Free Zone Company which intends to set up a low carbon ferrochrome production plant at the Sohar Free Zone. The agreement was signed by Sulaiman al Harthy, ...

Bank Nizwa receives Moody’s investment grade rating
(Times of Oman - 19/06/2017)

Bank Nizwa was assigned a first-time rating of Baa3 by Moody’s, one of the world’s most renowned credit rating agencies, reflecting the bank’s top quality assets and operating margins. The rating accorded following a comprehensive long and short-term ...

Kuwait Finance House ‘rolls out’ four innovative banking services
(Arab Times - 19/06/2017)

Kuwait Finance House (KFH) unveiled the launch of a range of innovative e-services in the fields of bank accounts and call center in efforts to give customers a stellar banking experience as per highest standards of banking technology, quality, accuracy, ...

IIRA maintains ratings of Bahrain Islamic Bank
(CPI Financial - 18/06/2017)

Islamic International Rating Agency (IIRA) has reaffirmed ratings of Bahrain Islamic Bank (BIsB or ‘the bank’) at BBB/A2 (Triple B)/ (A Two) on the national scale and BBB-/A3 (Triple B minus / A Three) on the international scale. Our rating assessment of ...

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