Alinma Bank Wins MEFTECH Awards

Alinma Bank was a double winner at the 3rd Middle East Financial Technology Conference (MEFTECH), which was sponsored by the Saudi Payments Network (mada) and was held at the Ritz-Carlton Hotel in Riyadh, February 25-26, 2020.  The conference was opened by the Governor of the Saudi Arabian Monetary Agency, H.E. Dr. Ahmed bin Abdul Karim Al-Khulaifi. Alinma Bank received awards for achieving the highest percentage  of mobile payments compared  to POS transactions in 2019, and the highest POS activity rate during 2019.


On this occasion, Ibrahim AlSayyari, Executive Vice President of Retail Banking at Alinma, said that both awards reflected the bank’s approach to delivery of service excellence to its partners (customers).  He noted that Alinma consistently provides a best-in-class service experience, leverages the latest in banking technology, and executes on digital transformation efforts, all of which fall in line with the requirements and objectives of the Financial Sector Development Program of the kingdom's Vision 2030 initiative.


He added: “Alinma always strives to deliver exemplary banking services and innovative products through a continuous process of product development in line with our vision to be the preferred financial partner.”


It is worth noting that Alinma Bank has won multiple awards for both its service excellence and innovation, including its 2019 awards for Best Digital Branch of the Year (Saudi Arabia) and Most Innovative Islamic Retail Bank (Saudi Arabia) at the Islamic Retail Banking Awards.


Alinma Bank serves its partners through a network of 171 branches.  More importantly, Alinma provides partners with vast array of convenient self-service banking options that include Alinma Phone (800120800), Alinma Internet (, Alinma Mobile (WAP), the Alinma smart device applicaton, and its newly launched digital branch in Riyadh.