SR.No: 23
Alinma Bank
Sector: Banks & Financial Services
Date of Establishment: 2006
Country: Saudi Arabia
CEO: Abdullah bin Ali Al-Khalifa
Sales: $1.9 billion
Profits: $524 million
Assets: $41.8 billion
Market Value: $10.6 billion
Alinma Bank is 10% owned by Saudi’s Public Investment Fund, which is the largest shareholder in the bank. In 2020, Alinma Bank reported an increase of 18.9% in its assets, and a decrease of 22.4% in net profits. Abdullah Al-Khalifa became CEO and Managing Director of the bank in 2020. He previously held leadership positions at Samba Financial Group, Al-Rajhi Bank, and Banque Saudi Fransi.