ALINMA News & Announcements-

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Alinma Bank ALINMA
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  • Alinma Bank launches subsidized real estate financing program Jul 30, 2017 | Source : Saudi Gazette

    AS part of its ongoing effort to address housing needs in Saudi Arabia, Alinma bank has launched a subsidized real estate financing program aimed at providing citizens with the assistance they need to obtain affordable housing. The...

  • SAMA honors Alinma for its ATM services Jun 05, 2017 | Source : Saudi Gazette

    Alinma Bank has been recognized by the Saudi Arabian Monetary Agency (SAMA) for the excellence of its ATM services. The honor was bestowed by SAMA Deputy Governor for Banking Operations Hashim Bin Othman Al-Huqail on behalf of SAMA’s...

  • Alinma Bank holds workshop on VAT May 31, 2017 | Source : Saudi Gazette

    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...

  • Alinma CEO highlights corporate governance, best practices in meet May 14, 2017 | Source : Saudi Gazette

    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 Intercontinental Hotel in...

  • Alinma Bank’s net profit up 8% to SR421m in Q1 Apr 19, 2017 | Source : Saudi Gazette

    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...

  • VAT impact on Saudi firms differs; urged to keep record of all business transactions Jul 27, 2017 | Source : Saudi Gazette

    Proven Saudi Arabia, the leading business support provider for the KSA, provides further insight on the implementation of VAT and the effect it will have on businesses operating within the Kingdom. It has been confirmed that a 5%...

  • Assets of 13 listed UAE banks surge to AED1.41 trillion in H1 Jul 23, 2017 | Source : WAM

    The assets of 13 UAE banks have surged to AED1.41 trillion by the end of the H1 2017, a growth of 6.8 percent from AED1.31 trillion in the corresponding period in 2016. Data revealed by the 13...

  • UBF launches initiative to handle customer complaints Jul 23, 2017 | Source : WAM

    The UAE Banks Federation, UBF, has announced that it has secured the support of the Central Bank for its initiative that aims to develop a unified framework to handle customer complaints. The UBF is a professional body...

  • Swiss firms urged banks to use SWIFT payment Jul 23, 2017 | Source : Saudi Gazette

    Six leading Swiss corporates with international operations - including ABB, Nestle, Roche, SBB, Swiss Re and Wurth – have issued an open letter, stating their support for the SWIFT global payments innovation (gpi) and encouraging banks worldwide to...

  • ITFC and IFC partner for sustainable development goals in member countries Jul 13, 2017 | Source : Saudi Gazette

    The International Islamic Trade Finance Corporation (ITFC) and the International Financial Corporation (IFC) signed a Letter of Intent for Partnership with the aim to intensifying and reinforcing their joint work and cooperation to achieve the Sustainable Development Goals...

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