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Alinma Bank Launches Two New Branches in Riyadh and Al Khobar

Alinma Bank Launches Two New Branches in Riyadh and Al Khobar

18 Dhul-Hijjah 1432 H - 14 November 2011 G

As part of its branch network expansion plan, and in order to better serve its partners (clients) with convenient, flexible, Shariah-compliant banking services and solutions, Alinma Bank has announced the launch two new branches in the cities of Riyadh (Muraba’a District, on Prince Abdulaziz Ibn Masa’ad Ibn Jalawi Street, near the Riyadh Chamber of Commerce) and Al-Khobar (Raka District, on the Dammam Coastal Road). This brings the total number of Alinma branches to 63.

Speaking on the occasion of the launches, Mr. Abdulmohsen Al-Fares, the CEO of Alinma, said that the bank was working to implement its plans and that its presence in the two new locations would bring the bank closer partners, which, in turn, would facilitate the execution and finalization of their banking transactions and save them time through the quality service provided at branches by Alinma’s qualified staff. Al-Fares extended his thanks to all partners for their confidence in the bank and for giving Alinma the chance to serve them. He also said that the bank’s strategy for the current year has been to focus on building a strong financial position for the bank, increasing its market quota of banking transactions, expanding its branch network and offering new and innovative products and services that meet the needs of Alinma partners.

It is worth mentioning that Alinma Bank provides its partners with a range of e-services that allow them to access their accounts and execute banking transactions around-the-clock. These include Alinma Internet (www.alinma.com), Alinma Mobile, Alinma Phone (8001208000) and an extensive network of more than 360 ATMs. Additionally, the bank has recently provided SADAD services, which allow partners to pay utility bills and make government payments electronically.

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