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Alinma Bank: Back to program 1 , 2 , 3

Alinma Bank: Back to program 1 , 2 , 3

25 Shawwal 1431 H - 04 October 2010 G

Alinma Bank has launched a campaign promoting a competitive offer to its partners; Program 1 , 2 , 3 or "Pay Next Year" along with a flexible joint personal finance feature. Program 1 2 3 avails to bank partners the convenience of enjoying a personal finance that covers stocks, autos and real estate up to 5 years and without the need of a guarantor. Partners may otherwise choose to defer repayment to next year for any financing service.

Mr. Fahad AlSemari, General Manager of Retail Banking Group, stated that “Alinma Bank” is committed to provide partners with best Sharia compliant financing services. He expressed that Alinma is focused in helping individuals invest in their future and prosper in life. AlSemari echoed that alinma is delighted to offer its partners for the first time in the Saudi Arabian banking market, the JOINT FINANCE SERVICE for all personal finance services, without the requirement of the first degree relationship which In turn will provide alinma partners with a higher financing amount.

Since launch in June 2009, Alinma Bank has introduced a wide range of personal finance service especially for home financing. The partners can get personal financing amount of up to SAR 5 million and the service is available to both Saudis and expatriates. In addition, Alinma has been the vanguard in introducing the education financing service without charging any extra fees or profit over school fees.

It is worth mentioning that Alinma Bank provides its finance services across 26 branches for both men and women covering Riyadh, Jeddah, Dammam, Madinah, Taif, Khamis Mushayt, Hofuf and Jubail in addition to a group of other branches under construction in Riyadh, Dammam, Jeddah, Makkah, Buraidah, Onaiza, Hail, Arar, Tabuk, Najran, Al-Kharj, Al-Ahsa and Hafr Albaten. Besides, there are the multiple online services which allow partners access to their accounts and execute banking transactions around the clock through the self-services banking such as alinma internet (www.alinma.com), alinma mobile, alinma ATMs and alinma phone (8001208000).

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