Investment Case

As one of the Kingdom’s foremost financial institutions on the rise, alinma presents a compelling investment case built on four foundational pillars. Each pillar embodies the Bank’s strategic vision, operational excellence, and commitment to sustainable growth, in full alignment with the broader economic goals of the Kingdom of Saudi Arabia and the Bank’s commitment to value creation for its shareholders and all its stakeholders.

1 A leading bank in Saudi Arabia

alinma stands as a significant financial institution within the Kingdom of Saudi Arabia, boasting a robust presence in the country’s banking landscape. Established in 2006 as a Shariah-compliant institution, it swiftly emerged as a key player in the banking sector, upholding principles that align with Shariah-compliance. The Bank has strategically expanded its reach, operating via an extensive network of branches and ATMs across Saudi Arabia, ensuring accessibility for its growing clientele. The Bank has nurtured strong ties with government entities, corporate partners and retail clients enabling the provision of a diverse array of financial services that cater to the varied needs of its customers.

Key achievements

  • Best Digital Transformation Program (The Digital Banker Awards)
  • Most Innovative Shariah-Compliant Corporate Financing Product - Bai Ajel - Saudi Arabia 2024 (International Finance Awards)
  • The Fastest Growing Corporate Bank - Saudi Arabia 2024 (International Finance Awards).
  • The Innovation Hero Award (Temenos)
  • JP Morgan STP (Straight-Through Processing) Award
  • CEO of the Year 2024 (IRBA)
  • Bank of the Year - KSA (The Banker)
  • Best Consumer Digital Bank for Best in Transformation - Global (Global Finance)
  • Best Consumer Digital Bank for Best Open Banking APIs - Saudi Arabia (Global Finance)
  • CSR Award (HRSD)
  • Leading Corporate for Investor Relations - Saudi Arabia (MEIRA)
2 Strategic focus and progress

In 2021, alinma rolled out its ambitious five-year strategic plan anchored to three primary goals that reflect the Bank’s envisioned positioning by the year 2025; to be recognized and celebrated as the fastest and most convenient bank in the Kingdom, to obtain the top Net Promoter Score (NPS) in the rapidly evolving Saudi banking sector, and to be the leading employer of choice across KSA banks in a booming and highly competitive job market. The Bank’s 2021-2025 Strategy is in sync with Saudi Vision 2030, the comprehensive reform plan driving Saudi Arabia’s global integration. alinma aligns its goals with this vision, aiming to boost SMEs and the private sector’s role in the GDP, enhance women’s economic involvement, reduce unemployment, encourage homeownership, elevate household savings and expedite the shift to a cashless society. As a leading digitally-driven bank in the Kingdom, it capitalizes on growth opportunities presented by this transformative agenda.

2025 Strategic pillars

  • To be the fastest and most convenient bank in the Kingdom of Saudi Arabia
  • To be No. 1 in Net Promoter Score (NPS)
  • To be the employer of choice across KSA banks
Strategic ambitions

Bank-wide

  • Build digital factory to scale customer experience and operational excellence across the Bank
  • Foster data-driven decision-making with latest analytics capabilities
  • Cultural transformation to attract and retain the best talent in the KSA

Corporate

  • Become the core bank for large, mid-corporate and project finance partners across diversified sectors
  • Develop a high quality and growing SME proposition
  • Grow Cash Management and Trade Finance business

Retail

  • Build digitally-savvy affluent and HNW customer franchise
  • Grow the digitally-savvy youth customer franchise
  • Offer the best customer experience and operational excellence

Treasury

  • Become core partner for corporate clients for their hedging and investment needs

  • Grow Financial institution customer franchise with dedicated coverage team
  • Maintain and evolve high quality asset and liability function
3 Strong and sustainable financial performance

Consistent success in generating profits and delivering returns to shareholders is backed by a solid capital position, healthy liquidity and a stable deposit base. This strong foundation allows us to meet customer needs effectively while ensuring sustainable returns for shareholders.

Financing growth

16.52%

Deposits growth

12.05%

CAR

17.74%

LCR

122%

NSFR

108.2%

ROE

18.8%

ROA

2.27%
4 Robust governance and enhanced sustainability

alinma’s initial stride toward achieving full transparency and comprehensive reporting encompasses all significant aspects, offering investors and stakeholders a complete view of sustainability credentials and advancements. This approach involves utilizing the Materiality Matrix methodology to pinpoint the environmental, social and governance facets crucial to both the Bank and its stakeholders.

Key accomplishments

One of the largest financial institutions in the world, London Stock Exchange Group (LSEG), acknowledged alinma as the leader of disclosure on ESG in the Kingdom and fourth in the Middle East and North Africa.

alinma was awarded the “Most Innovative ESG Initiative - Saudi Arabia in 2024” by Global Brands Magazine.