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Alinma Dividend Payments Disbursed to Shareholders

Alinma Dividend Payments Disbursed to Shareholders

9 Jumada II 1436 - 29 March 2015 G

Alinma Bank announced that dividend payments approved by the bank at its most recent general assembly, which was held on March 16, 2015, were deposited in shareholders’ bank accounts today (March 29, 2015). In total, the approved dividend amounted to SAR 745 million. Shareholders received SAR 0.5 riyals per share, which represents 5% of the nominal share value. 
Speaking about the disbursement, Abdulmohsen Al-Fares, Alinma Bank CEO, said that he was pleased that the bank had, through its rapid growth and development, put itself in a position to return value to its shareholders.  He noted that thanks to the diligent execution of its strategy, Alinma had successfully expanded its branch and ATM networks as well as its alternative channel offerings, through which it delivers its exemplary products and services.  He also thanked the government of the Custodian of the Two Holy Mosques for its ongoing support of the national economy, which has created an environment in which Alinma has been able to thrive.
Al-Fares also said that bank staff stood ready to answer any questions shareholders might have regarding the dividend disbursement, noting that shareholders could call the bank’s toll-free number (8001208000) for assistance at any time. 

 

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