Alinma Bank
Top 50 Banks in The Middle East

Rank: 15

Alinma Bank

Date of Establishment: 2006
Country: Saudi Arabia
CEO and Managing Director: Abdullah bin Ali Al-Khalifa

Sales: $1.9 billion

Profits: $524 million

Assets: $41.8 billion

Market Value: $10.7 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.