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Alinma Bank Launches Special, Reduced Profit Margin, Financing Offer

Alinma Bank Launches Special, Reduced Profit Margin, Financing Offer

1 Rajab 1433 H - 22 May 2012 G

With the campaign slogan “Our best offer is back,” Alinma Bank has launched a limited time offer through which partners can obtain special reduced profit margin financing to meet their auto, real estate and personal financing needs. As always, the offer features fully Shariah-compliant financing that reflects the bank’s values of innovation, respect and transparency.

Mr. Fahad Al-Semari, General Manager of Retail Banking at Alinma, explained that the campaign included several advantages including attractive profit margins, exemption from administrative fees and sponsor co-signing requirements, a joint financing option with no kinship requirement, availability for both Saudis and expatriates and exemption from payment in the case of death.

Mr. Al-Semari also said that he hoped that the campaign would surprise and delight Alinma Bank partners (clients), who are in search of competitive financing that addresses their hopes and aspirations, such as home ownership. He concluded by saying that the campaign was in line with Alinma’s vision to become the preferred financial partner for all. The offer will be valid for a limited period.

Alinma Bank offers 100% Shariah-compliant banking services through a network of 73 branches for men and ladies. Additionally, the bank serves its partners through a full range of around-the-clock electronic channels such as Alinma Internet (www.alinma.com), Alinma Mobile, Alinma Phone (8001208000) and a kingdom-wide network of more than 470 ATMs.

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