Alinma Recognized as Fastest Growing Bank in Saudi Arabia

RIYADH, January 30, 2018 – For the fifth time since its launch in 2009, Alinma Bank has been named the fastest growing bank in Saudi Arabia.  The accolade, received from the London-based International Finance Magazine at a recent ceremony in Dubai, was given in recognition of Alinma’s continued ability to grow sustainably.  The award took into consideration the objective financial results posted by the bank over the course of the past year, which showed Alinma to be growing at a comparatively faster rate than its competitors in the Saudi market.


Speaking about the award, Alinma Bank Managing Director & CEO, Mr. Abdulmohsen Al-Fares, said that he was pleased that the bank’s efforts had resulted in such noteworthy and ongoing growth.


“It is the vision of Alinma Bank to be the preferred financial partner for all,” said Al-Fares.  “This means we strive to provide exemplary service quality and product offerings to everyone.  This include individuals, small and medium-sized businesses, large corporations, government entities, charities and anyone else with financial needs in the kingdom.”


Al-Fares went on to praise the professional performance of bank staff in executing the bank’s strategy.  He also thanked the bank’s partners (customers) for the trust they have placed in Alinma Bank.


In recent quarters, Alinma has continued to develop its product and service offerings in order to meet the rapidly evolving needs of its partners.  This has included the launch of the Alinma Family Account, which gives account holders the ability to open fully functional subaccounts for family members with card, internet banking, transfer and other privileges that can be managed by the primary account holder.  The bank has also launched its Domestic Worker Prepaid Card, which helps companies comply with Ministry of Labor wage protection policies by providing a convenient mechanism for transferring salary payments directly to employee prepaid cards.


Alinma Bank’s products and services are available through the bank’s network of 153 branches and over 1400 ATMs across the kingdom.  Additionally, the bank brings convenience to its partners lives through its comprehensive electronic banking options, which include Alinma Internet (, Alinma Phone (8001208000), Alinma Mobile (WAP), and the bank’s applications for smart devices.