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Alinma Bank Launches the First of Its Standalone Branches in Kharj

Alinma Bank Launches the First of Its Standalone Branches in Kharj

22 Muharram 1432 H - 28 December 2010 G

Alinma Bank has announced the launch of its first standalone branch in the Kharj area south of Riyadh. The launch is the latest of the Bank’s efforts to expand its branch network to partners (clients) across the Kingdom. The Kharj branch, in particular, will provide residents of this economically growing, geographically strategic region with a comprehensive range of products and services that meet their needs.

The branch is located in Kharj’s Al-Nahda district on King Fahad Road and was designed to meet modern international banking standards; and special attention was given to the branch’s IT and communication systems, both of which were designed to ensure transactional speed and security.

On the occasion of the launch, Alinma CEO, Mr. Abdulmohsen Al-Fares, said that the bank was eager to reach out and provide services to partners and to help them fulfill their aspirations. He also outlined various competitive offers being extended by the bank to partners visiting its branches.

Regarding the bank’s overall approach to the design of its branches, Mr. Al-Fares said that all Alinma branches followed design guidelines that incorporate the banks values. In this way, he said, branches, products and services reflect the openness and transparency that is part of the identity of the bank itself. Thus Alinma is able to serve its partners with the level of care, respect and transparency that Alinma believes they deserve.

Earlier in the year, Alinma announced that it would target the launch of 100 branches over the next five years across the Kingdom. The bank currently operates 32 branches for men and women in the cities of Riyadh, Jeddah, Dammam, Madinah, Taif, Khamis Mushayt, Hofuf, Jubail and Al-Kharj. Further branches are currently being prepared for launch in Riyadh, Dammam, Jeddah, Makkah, Buraidah, Onaiza, Hail, Arar, Tabuk, Najran, Al-Ahsa, Abha and Hafr Al-Batin. The Bank also provides its partners with a full range of 24/7 e-services including Alinma Internet (www.alinma.com), and Alinma Mobile, Alinma Phone (8001208000) and a kingdom-wide network of over 189 ATMs.

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