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Alinma Bank (1150)

Last update: 29 October 03:19 PM market time.
15.28
-0.36
-2.30%
Open 15.48
Previous Close 15.64
High 15.50
Low 15.18
Stock Statistics
Volume 13,380,586
Turnover 205,152,696.32
All data are 15 minutes late during market session

News

27 October 03:43 PM Alinma Bank logs SAR 629m quarterly profit
Riyadh – Mubasher: Alinma Bank’s net profits went down by 11.8% in the third quarter (Q3) of 2020 to stand at SAR 629 million, compared with SAR 713 million in the corresponding quarter in 2019. The lender’s revenues hit SAR 1.337 billion in …
Photo Archive
6 September 09:20 AM Zahrat Al Waha extends SAR 63m loan with Alinma Bank
Riyadh – Mubasher: Zahrat Al Waha Trading Company has renewed a sharia-compliant credit facility agreement worth SAR 63.476 million with Alinma Bank to open documentary letters of credit to buy raw materials, machinery, and equipment. The loan …
The profits of Q2-20 totalled SAR 572 million
5 August 10:59 AM Alinma Bank records 15% lower earnings in Q2
Riyadh – Mubasher: Alinma Bank realised SAR 572 million worth of net profits in the second quarter (Q2) ended 30 June 2020, down by 15.38% when compared to SAR 676 million in the year-ago period, as shown by the bank’s financial results. The …
The transaction will reflect positively on the insurer's financials for FY20
21 June 01:51 PM Alinma Tokio Marine renews insurance deal with Alinma Bank
Riyadh – Mubasher: Alinma Tokio Marine Company on Sunday renewed an insurance agreement with Alinma Bank to provide some general insurance products effective for one year and subject to the agreed terms and conditions. The contract’s value exceeds …
Net profit reached SAR 370 million during the first quarter
18 May 12:07 PM Alinma Bank’s profits down 42% in Q1
Riyadh – Mubasher: Alinma Bank achieved a net profit of SAR 370 million during the first quarter (Q1) of 2020, registering a 42% decline compared with a SAR 638 million profit recorded in the corresponding period of the previous year. The bank’s …
The bank's capital will increase by 33.3% to SAR 20 billion
9 April 11:05 AM Alinma Bank's EGM approves capital increase via bonus issue
Riyadh – Mubasher: The extraordinary general meeting (EGM) of Alinma Bank has approved a capital raise by issuing one bonus share for every three original existing shares. The bank's capital will increase by 33.3% to SAR 20 billion from SAR 15 …
Capital will be increased by 33% to SAR 20 billion
16 February 12:12 PM CMA approves Alinma Bank capital hike
Riyadh – Mubasher: The Saudi Capital Market Authority (CMA) has approved the capital increase request of Alinma Bank through the issuance of bonus shares. The bank requested approval to raise its capital from SAR 15 billion to SAR 20 billion …
Alinma Bank achieved a net profit of SAR 2.535 billion in 2019
2 February 11:34 AM Alinma net profits down 11% in 2019
Riyadh – Mubasher: Alinma Bank reported an 11.27% decline in annual profits last year, to around SAR 2.54 billion, compared with SAR 2.86 billion for 2018, according to a statement to the Saudi Stock Exchange (Tadawul). The decline in profits was …
Alinma Bank CEO Abdulmohsen Abdulaziz Al Fares
22 January 01:58 PM Saudi banks enjoy high solvency - Alinma CEO
Riyadh – Mubasher: The Saudi Arabian Monetary Authority (SAMA) is among the world’s top ten central banks, according to Alinma Bank CEO Abdulmohsen Abdulaziz Al Fares. Al Fares added in his remarks during the 9th edition of the Riyadh Economic …
InoChem is building an industrial complex in Ras Al Khair
16 December 2019 10:49 AM Sipchem subsidiary agrees 13-yr credit facility
Riyadh – Mubasher: Sahara International Petrochemical Company (Sipchem) announced that one of its subsidiaries has obtained a Sharia-compliant credit facility from Alinma Bank and Bank Albilad. The 13-year credit facility consists of a SAR 875 …
The increase would raise capital to SAR 20 billion
15 December 2019 10:57 AM Alinma Bank to raise capital by 33%
Riyadh – Mubasher: The board of Alinma Bank has recommended raising the capital by 33.3% to SAR 20 billion through the issuance of bonus shares. The proposed capital hike will increase the company’s capital from SAR 15 billion to SAR 20 billion, …
The Holy City of Makkah
5 December 2019 00:32 PM Alinma, UAQ launch SAR 17bn real estate fund
Riyadh – Mubasher: Umm Al Qura Company for Development and Construction (UAQ) and Alinma Investment Company launched the Makkah Real Estate Development Funds with more than SAR 17 billion ($4.5 billion) in investments. The funds are invested in …
Shariah Banks continue to outperform conventional banks in deposit growth
27 November 2019 02:07 PM Saudi banks maintain strong growth signs – Report
Riyadh – Mubasher: The Saudi banking sector continues its move forward with steady deposit and loan growth, according to a recent report by Al Jazira Capital. Mortgage loans growth has exceeded expectation in recent years, showing a growth of 41 …
Alinma will provide a 10-year credit facility to Mobily
19 November 2019 05:24 PM Mobily, Alinma seal SAR 3bn loan agreement
Riyadh – Mubasher: Etihad Etisalat Company (Mobily) has signed a financing agreement with Alinma Bank, according to a statement to the Saudi Stock Exchange (Tadawul) on Tuesday. Alinma Bank will provide a 10-year SAR 3 billion credit facility to …
Total operating income stood at SAR 4.095 billion in 9M-19
22 October 2019 10:07 AM Alinma Bank records SAR 2bn net profit in 9M
Riyadh - Mubasher: Alinma Bank achieved an increase of 11.93% in net profits during the third quarter of 2019 when compared to the same period a year ago. Net profits soared to SAR 713 million in Q3-19 from SAR 637 million in Q3-18, according to a …
Alinma Bank will disclose later any updates on hiring new chairman
7 October 2019 10:07 AM Alinma Bank announces death of chairman Al Zamil
Riyadh – Mubasher: Alinma Bank announced that its board chairman Eng. Abdulaziz Abdullah Hamad Al Zamil has passed away on Sunday, 6 October (7 Safar 1441 Hijri). The bank noted that it will disclose later any updates regarding the appointment of …
Net profits levelled up by 11.5% to SAR 676 million in Q2-19
4 August 2019 10:16 AM Alinma Bank posts SAR 1.3bn profits in 6M
Riyadh – Mubasher: Alinma Bank disclosed its financial statements for the second quarter of 2019. Net profits levelled up by 11.5% to SAR 676 million in Q2-19, compared to SAR 606 million in Q2-18, according to a filing to the Saudi Stock Exchange …
Abdulaziz Bin Abdulla Al Zamil was appointed as the new chairman
7 July 2019 02:56 PM Alinma Bank appoints new chairman, vice chairman
Riyadh – Mubasher: The ordinary general assembly meeting of Alinma Bank has elected a new board of directors for the three-year term ending 20 May 2022. The assembly has named Abdulaziz Bin Abdulla Al Zamil as the board’s new chairman, according …
The agreement extends from 10 June until 30 June 2020
11 June 2019 00:48 PM Zahrat Al Waha renews SAR 67m facility with Alinma Bank
Riyadh – Mubasher: Zahrat Al Waha for Trading Company has renewed a sharia-compliant credit facility with Alinma Bank worth SAR 67.4 million. The agreement extends from 10 June until 30 June 2020, according to the company’s statement to the Saudi …
The value of the loan originally amounted to SAR 267 million
30 April 2019 00:46 PM SPMC reschedules SAR 48m loan with Alinma Bank
Riyadh – Mubasher: Saudi Paper Manufacturing Company (SPMC) has signed an agreement with Alinma Bank to reschedule a SAR 48 million existing sharia-compliant credit facility. The value of the loan originally amounted to SAR 267 million, according …
Aljazira Capital revised Alinma Bank's TP to SAR 26.8 a share
23 April 2019 04:30 PM Alinma Bank’s profit to grow 10% in 2019 – Aljazira Capital
Riyadh – Mubasher: Alinma Bank is expected to report a 10% profit increase to SAR 2.77 billion in 2019, according to a recent report released by Aljazira Capital. The research firm revised the target price (TP) of Alinma Bank to SAR 26.8 per share …
The Saudi lender’s investment portfolio grew 30% in Q1-19
22 April 2019 01:51 PM Alinma Bank invests SAR 13bn in gov’t sukuk – CEO
Riyadh – Mubasher: Alinma Bank has invested SAR 16 billion ($4.27 billion) in sukuk, including SAR 13 billion ($3.47 billion) in government sukuk, the lender’s CEO told Al Arabiya. The 30% year-on-year growth in the Saudi lender’s financing and …
NCB Capital set Alinma Bank's PT at SAR 23.8/shr
21 April 2019 03:00 PM Alinma Bank tops Q1 profit estimates on lower provisions – NCB Capital
Riyadh – Mubasher: Alinma Bank recorded stronger-than-expected results in the first quarter of 2019, according to a report released by NCB Capital (NCBC) on Sunday. The Saudi lender’s profits rose 21.8% year-on-year to SAR 709 million in Q1-19, …
The Saudi lender’s profits amounted to SAR 709 million
21 April 2019 00:50 PM Alinma Bank’s profit hikes 22% in Q1
Riyadh – Mubasher: Alinma Bank posted a 21.8% year-on-year net profit growth in the first quarter of 2019. The Saudi lender’s profits amounted to SAR 709 million in Q1-19, compared to SAR 582 million in the year-ago period, according to a …
Al Rajhi Bank topped Saudi lenders in terms of 2018 dividends
27 March 2019 05:36 PM Nine Saudi banks distribute SAR 28bn dividends in 2018
By: Elsayed Gamal Riyadh – Mubasher: Nine out of the total 12 listed Saudi banks approved the distribution of cash dividends with a combined value of SAR 28.11 billion ($7.49 billion) for 2018, according to statistics conducted by Mubasher. The …