Operating segments

Delivering excellence in financial services

Alinma Bank stands at the forefront of providing comprehensive and integrated best practice services designed to meet the diverse needs of our clients. Through our multifaceted approach, we offer a broad spectrum of financial solutions that cater to individuals, small and medium-sized businesses, and large corporations alike, ensuring a seamless and efficient banking experience.

Retail Banking Group

Strategic initiatives drive growth

In 2023, Alinma Bank’s Retail Banking Group achieved notable successes in several key areas identified by the Bank’s 2025 Strategy as key to the Bank’s transformation and growth. Among the many highlights of the year were meaningful advances in sales of credit cards, home financing, and personal financing. Overall, our Retail Banking operations outperformed the domestic banking market, delivering 3 times the average industry growth in 2023.

Corporate Banking Group

Continued strong growth in assets and income

The Corporate Banking Group’s multi-pronged growth activities resulted in an exceptional performance in 2023, with the division recording a 19% increase in operating income to SAR 3,269 Mn. (2022: SAR 2,736 Mn.), exceeding its rigorous targets and accounting for 34% (2022: 34%) of the Bank’s overall operating income.

Treasury Group

Creating value for the Bank and our customers

Alinma Bank’s Treasury Group continued to support the Bank’s strategic objectives in 2023, growing the product portfolio to provide a holistic value proposition to clients.

Subsidiaries

Strategic role and financial contribution of subsidiaries

Alinma Bank’s subsidiaries are well-structured, separate legal entities which have business objectives aligned with those of the Bank. As an integral part of the Alinma Bank Group, they provide a range of products and services that are complementary to those offered by the Bank. Accordingly, our subsidiaries play an important role in offering our clients holistic solutions to their financial services requirements.