Alinma Bank provides financing solutions at “Sakani Expo"

Alinma Bank participates in the "Sakani Expo" exhibition held at Events land in front of the Red Sea Mall in Jeddah organized by the Ministry of Housing and Real Estate Development Fund for the beneficiaries of a Sakani program in the period between 15 and 24 April 2019. Mr. Abdolmohsen bin Abdulaziz Al-Faris, CEO and Managing Director, stressed the importance of enhancing citizens' ownership of suitable housing, which was taken into account by the ambitious vision of the Kingdom of 2030 and set targets to achieve this. Alinma Bank has contributed to the acquisition of thousands of citizens to own their suitable residence, through various real estate financing options to own land, flat or villa. This is in line with Alinma Bank's strategy that focuses on investment and savings financing. Owning the right housing is one of the best ways to save and reduce future costs by eliminating rental costs. Alinma Bank participation in “Sakani Expo” is to offer a range of real estate financing solutions to the beneficiaries of the Real Estate Development Fund and the beneficiaries of Ministry of Housing programs to facilitate the ownership of suitable housing units to Saudi Citizens. The Real Estate Development Fund will bear all or part of the financing cost of the financing amount which can reach up to SR 500,000. Exclusive offers for the beneficiaries of the Real Estate Development Fund and the Ministry of Housing will also be offered by Alinma Bank. Alinma Bank also provides a credit advisor to help the beneficiary to consider the best financing solutions that meet his/her requirements and the requirements of the Real Estate Development Fund and the Ministry of Housing. The beneficiaries can apply through Alinma phone or by visiting nearest Alinma branch. It is worth noting that Alinma Bank offers a range of mortgage finance products and real estate financing solutions that are Sharia Compliant and that suit the different segments of the partners and their needs, and through easy procedures such as the global limit program that enables the bank's partner to obtain financing celling covering all financing needs including mortgage, personal, and auto financing by visiting one of Alinma branches which exceeded 163 branches for men and women spread across the Kingdom. The bank also offers services through its various electronic channels, the Alinma Internet , alinma phone 8001208000 and Alinma app for Smart Devices. Alinma Bank has a distinguished network of ATMs that exceeded 1,490 ATM’s spread throughout the Kingdom.