Alinma Named Fastest Growing Bank for Sixth Time in 10 Years

For the sixth time in its 10-year history, Alinma Bank has been named the fastest growing bank in Saudi Arabia. This most recent accolade was bestowed upon the bank by Banker Middle East magazine at a special awards ceremony in Dubai. Alinma Bank won the award based on its financial performance, rapid growth in business activities, and its ability to compete and grow revenues compared to other Saudi banks.


Speaking about the award, Alinma Bank's Chief Executive Officer, Mr. Abdulmohsen Al-Fares, praised the bank’s performance and noted that the progress that led to this recognition was part of Alinma’s ongoing strategy to substantively and sustainably grow the bank.


“Alinma remains fully committed to providing our partners (customers) with only the most innovative, transparent, fully Shariah-compliant products and services with an almost single-minded focus on exemplary service standards,” said Al-Fares. “Alinma is dedicated to understanding the true needs and aspirations of our partners, and to responding with solutions that support their financial lives and financial objectives. By doing so, Alinma functions as a pillar of the economy and as a cooperative participant in the communities it serves.”


Alinma Bank is the most recent bank to launch operations in Saudi Arabia, and has, in its short history, garnered numerous awards and accolades related to its growth, its product quality, its service excellence, and its Shariah-compliance.  As a new bank, Alinma is also able to leverage the very latest technology on behalf of its partners.  Towards this end, the bank provides partners with comprehensive, 24/7, e-banking options, including Alinma Internet (, Alinma Phone (8001208000), Alinma Mobile (WAP), and the Alinma application for smart devices. Partners are also served through the banks network of more than 150 branches and 1400 ATMs across Saudi Arabia.