Alinma Launches Latest Branch in Hafer Al-Batin in Saudi Arabia

Press release
Published January 4th, 2018 - 07:12 GMT
The launch ceremony was held under the aegis of Abdulmohsen Bin Mohammed Al-Otaishan, governor of the Hafer Al-Batin Governate.
The launch ceremony was held under the aegis of Abdulmohsen Bin Mohammed Al-Otaishan, governor of the Hafer Al-Batin Governate.

AS part of its ongoing expansion, and in an effort to ensure that it can adequately delivery its exemplary, Shariah-compliant products and services to individuals across the Kingdom, Alinma Bank recently launched operations in the economically important city of Hafer Al-Batin. The launch ceremony was held under the aegis of Abdulmohsen Bin Mohammed Al-Otaishan, governor of the Hafer Al-Batin Governate. Also in attendance were Abdulmohsen Al-Fares, managing director and CEO of Alinma Bank, as well as a number of bank executives and local bank VIP partners.

Speaking at the launch, Al-Fares said, "Alinma is focused on comprehensively meeting the needs of all its partners, whether they are individual accountholders, SMEs, corporate entities, government organizations or non-profits across Saudi Arabia.”

Al-Fares went on to note the importance of Hafer Al-Batin as a dynamic and economically promising region that is set to have an ongoing positive impact on the Saudi economy. He also noted that the bank had recently opened a branch at the King Khalid Military City in Hafer Al-Batin.

Alinma Bank serves its partners (customers) through a broad range of e-banking options that include Alinma Internet (www.alinma.com), Alinma Phone (8001208000), Alinma Mobile (WAP), and Alinma’s smart device applications. The bank also has a network of 143 branches and 1,400 ATMs across the Kingdom.

Source: Saudi Gazette

Background Information

Alinma Bank

Alinma Bank is licensed to operate in the Saudi financial services sector, a sector that has experienced positive growth in recent years and is vital to the strength of the national economy. It is in this strong economic environment that Alinma Bank will show its competitive advantages in the following areas.

Shariah Compliance

Alinma Bank seeks to become an integrated financial institution that is in complete accordance with Shariah-compliant banking standards in all services and transactions. It is this dedication to higher standards that Alinma Bank believes will establish it as the touchstone for Shariah banking compliance at the local level in Saudi Arabia, at the regional level and at the broader international level.

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