Alinma Bank Announces Results After eight Days of IPO
In a joint statement, Sambacapital and Alinma Bank announced today statistics related to the ongoing initial public offering (IPO) of Alinma Bank shares. After eight days, the number of subscribers stood at 6,446,000 with the total value of shares purchased reaching approximately SAR 12,890 million or nearly 123% of the value of the total share offering.
Over the course of the IPO’s first eight days, 87% percent of investors used alternative means to purchase shares, with 56% of investors using ATMs, 16% using phone banking and 15% using the internet.
