Alinma Bank Launches Two New Standalone Branches in Riyadh and Dammam

Alinma Bank has announced the launch of two new standalone branches, one in the city of Dammam and another in the city of Riyadh. Both branches are located in the Al-Rayyan districts of their respective cities, and thus are referred to by that district name. The Al-Rayyan Riyadh branch is located on Imam Shafi'i Road, while the Al-Rayyan Dammam branch is located on Ali Ibn Abi Talib Road. With the opening of these two branches, Alinma now has a total of 40 fully operational branches across Saudi Arabia. Both new branches feature separate sections to serve men and ladies.

These two branch openings are part of Alinma’s ongoing effort to bring exemplary Shariah-compliant banking products and services to its partners (clients) throughout the Kingdom. As part of this effort, Alinma also works to ensure that it affords its partners flexibility and convenience by opening its branches in strategic geographical locations.

Speaking on the occasion of the openings, Mr. Mohammed Al-Nahas, Alinma Bank’s branch network director, said, “We are working to implement our growth plans, and our presence in these important areas brings us closer to our partners and will enable us to serve them with the excellence and efficiency our partners have come to expect. He added that this year Alinma would focus on expanding its branch network as well as launching new and innovative products and services to meet partners’ needs. He further explained that the new Al-Rayyan branches would provide, for a limited time, special, exclusive offers on personal financing (stock or car financing) and real estate financing.

It is worth mentioning that Alinma Bank also provides a range of electronic services to its partners that allow them to access their accounts and execute banking transactions around-the-clock. These include Alinma Internet (www.alinma.com), Alinma Mobile, Alinma Phone (8001208000) and Alinma’s kingdom-wide network of ATMs, which exceeds 218.