For the second consecutive year, Alinma Bank got the award of the fastest growing bank in the Kingdom from Banker Magazine Middle East. Alinma has been selected based on its financial performance, rapid growth achieved in its business, its ability to compete, the growing income compared to other banks operating in the Kingdom of Saudi Arabia.
Mr. Abdulmohsen Bin Abdulaziz Al-Fares, CEO of Alinma Bank said: “Alinma obtainment of this award reflects the successful implementation of its strategy and the rapid achievement of its objectives which, together with redefined banking products and services, enabled the bank to assume a distinct position among other banks in the Kingdom. Likewise, redefined banking granted the bank a competitive advantage through which the bank fulfilled the aspirations of its partners and achieved an added value to them while transacting with Alinma Bank. Mr. Al-Fares pointed out that what has been achieved is attributed, after the aid of God, to the qualified cadres of the bank and its modern and safe technological structure. He concluded that the bank will continue in providing the best and appropriate products and services in order to achieve the bank's message: to provide our partners with Sharia’h- compliant financial solutions under the best working environment that achieves sustainable growth and contributes to community service.
It is worth mentioning that Alinma Bank is the latest bank in Saudi Arabia and has won several global awards and certificates, including its classification among the top 500 Arab companies by Forbes magazine, the award of the best Islamic financial institution in the Kingdom of Saudi Arabia which was awarded on sidelines of the Islamic Sukuk Summit, London 2011, the (UTI Tier III) certificate for the quality design and implementation of information centers 2011, the certificate of international standard (PCI-DSS) version 1.2.1 in 2011 and the award for the best financing deal in the field of energy in the Middle East in 2009.