Alinma Bank

Alinma Bank was founded in accordance with Royal Decree No. M/15 from March 28, 2006, and Ministerial Resolution No. 42 from March 27, 2007. Alinma Bank is a Saudi joint stock enterprise. With a nominal value of SAR 10 per share and a share capital of SAR 20 billion, the bank was founded. There were 1.5 billion shares issued. There are more than 2,658 workers at the business.

The Saudi Arabian Public Investment Fund (PIF), the Saudi Arabian Public Pension Agency (PPA), and the Saudi Arabian General Organization for Social Insurance (GOSI) are Alinma Bank's founding shareholders. With equal shares, they collectively account for 30% of the bank's share capital. In April 2008, the remaining 70% of the bank's shares were put up for subscription by the general public.

Alinma Bank's market capitalization as of April 2023 was $16.81 billion. Alinma Bank is now the 997th most valuable corporation in the world according to market capitalization. The most recent financial reports from Alinma Bank show that the company's current revenue (TTM) is $2.12 billion. The company generated $1.77 billion in revenue in 2021, up from $1.53 billion in 2020.

Founded: 2006
Headquarters: Riyadh, Saudi Arabia
Website: www.alinma.com