Alinma Bank Completes Installation of 70 ATMs throughout the Kingdom

Alinma Bank has completed the installation of more than 70 ATMs throughout the Kingdom since the bank’s operational launch at the end of Q2 2009. This was done as part of the bank’s strategy to provide around-the-clock service to its partners via various electronic channels in general and via its ATM network in particular.

The reach of Alinma’s ATM network currently extends to several cities including Riyadh, Jeddah, Dammam, khubar, Hofuf, Taif, Khamis Mushayt, Madinah and Makkah. These cities and the ATM locations therein were selected after a thorough study that examined population density, accessibility and commercial movement.

Mr. Abdulmohsen Abdulaziz Al Fares, the CEO of Alinma Bank, said that this expansion of the ATM network, which is considered the most technically advanced network in the Kingdom, reflects the interest of the bank to be near its partners and the public and to remain in constant contact with them. He noted that the bank is making the utmost effort to expand its ATM presence to different regions and to meet the needs and aspirations of bank partners. Mr. Al Fares indicated that the bank planned to have 100 ATMs deployed by the end of the current year.

In-branch, mobile, and independent/standalone ATM deployment allows the bank to provide a bouquet of services around-the-clock including withdrawals, account statement requests, card activations, balance inquiries, cash/check deposits and other services.

The bank also seeks, through all of its electronic channels, including Alinma Phone 8001208000 and Alinma Internet , to ensure that partners will have easy access to the bank’s Shariah-compliant services.

ATM network expansion will take place in conjunction with the opening of additional branches. The bank’s most recently opened branches include those in Hofuf, Khamis Mushayt, Jubail and Dammam. Alinma plans to continue this expansion throughout the Kingdom and to add a number of ladies’ branches in cities such as Jeddah, Riyadh, Dammam, Jubail and Taif.