Alinma Bank - (1150)

16.96 0.43(2.60%) Last Update 23/08/2017 16:42 KSA

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CMA approved public offering of Alinma Makkah Real Estate Fund
(Tadawul - 21/08/2017)

The CMA has issued its resolution approving the public offer, by "Alinma Investment Company", of "Alinma Makkah Real Estate Fund ". An Investment decision without reading the Terms and Conditions carefully or fully reviewing its content may involve high ...

Alinma offers employment to scholarship program graduates
(Saudi Gazette - 16/08/2017)

ALINMA Bank has recently entered into a partnership agreement with the Ministry of Education and the Saudi Arabian Monetary Agency (SAMA) whereby the bank will extend employment offers to graduates of the Custodian of the Two Holy Mosques Scholarship ...

Alinma Bank net profit rises 19% in first half
(Saudi Gazette - 19/07/2017)

Alinma Bank has announced the achievement of a net profit of SR488 million during the second quarter of 2017. This represents an improvement over the SR409 million net profit earned for the same period of the previous year, an increase of 19%. It also ...

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 ...

Corporate Announcements

Net profit announced for the 1st Half of the year 2017, SAR 910.00 million, an increase of 14%. - 18/07/2017
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

Commercial Bank - News

Admirers grow for biggest Saudi bank on index-addition bet
(Gulfnews - 24/08/2017)

Saudi Arabia’s largest lender has become a favourite among equity analysts and investors as its business improves and the potentially lucrative inclusion in an emerging-markets benchmark index approaches next month. Al Rajhi Bank was upgraded to buy by ...

QIB signs QR1.6bn financing deal with AlJaber Engineering
(Gulf Times - 23/08/2017)

Qatar Islamic Bank (QIB) has signed a QR1.6bn financing deal with AlJaber Engineering (JEC), which will support JEC’s current project to execute the design and construction of strategic food security facilities and warehouses at Hamad Port. The agreement ...

Commercial Bank wins best franchise award from Diners Club Internation
(The Peninsula - 23/08/2017)

Commercial Bank yesterday announced that it has been awarded the ‘Best Small Franchise in Europe, Middle East and Africa’ by Diners Club International at an exclusive event in Switzerland attended by Diners Club franchise holders and Diners Club senior ...

Bank Nizwa leads banking sector growth rate in H1
(Oman Daily Observer - 23/08/2017)

Bank Nizwa achieved the highest growth rate in Oman’s banking industry reaching 200 per cent after tax during the first half of 2017. The bank’s milestone was achieved courtesy of a surge in total assets, which reached RO 613 million at the end of June ...

NCB sets up Investor Relations Department
(Saudi Gazette - 23/08/2017)

NCB launched a new investor relations (IR) Department within the bank’s Strategy & Business Development Group. With the new IR program, NCB aims to strengthen its relationship with the domestic and international investment community. Mansour S. Al ...

Doha Bank CEO receives ‘Global Excellence Award in Renewable Energy’
(Gulf Times - 22/08/2017)

The Energy and Environment Foundation has bestowed the ‘Energy and Environment Foundation 2017 Global Excellence Award in Renewable Energy’ to Doha Bank CEO Dr R Seetharaman, it was announced in a statement. Seetharaman received the award during the 8th ...

CMA approved public offering of Alinma Makkah Real Estate Fund
(Tadawul - 21/08/2017)

The CMA has issued its resolution approving the public offer, by "Alinma Investment Company", of "Alinma Makkah Real Estate Fund ". An Investment decision without reading the Terms and Conditions carefully or fully reviewing its content may involve high ...

Commercial Bank appoints two new non-executive directors at ABank
(The Peninsula - 21/08/2017)

The Board of Directors of The Commercial Bank , yesterday announced the appointment of Zafer Kurtul and Turgay G?nensin to the roles of non-executive directors at Alternatifbank (“ABank”). ABank is Commercial Bank’s 100 percent owned subsidiary in ...

SABB in agreement to purchase SABB Takaful shares
(Tadawul - 20/08/2017)

The Saudi British Bank (SABB) on 17 August 2017 has entered into an agreement with HSBC Asia Holdings BV and certain other wholly-owned subsidiaries of HSBC Holdings plc (together HSBC), to purchase HSBC combined 32.5% shareholding in SABB Takaful (the ...

Doha Bank holds knowledge-sharing session
(Gulf Times - 20/08/2017)

HE the Qatar Central Bank Governor Sheikh Abdulla bin Saoud al-Thani receives a bouquet of flowers from Doha Bank managing director Sheikh Abdul Rehman bin Mohamed bin Jabor al-Thani during the bank’s knowledge-sharing session titled ‘Qatar — Land of ...

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