Annual Report 2018 The Custodian of the Two Holy Mosques

---

Annual
Report
2018

---

---

---

---

5
Annual Report 2018
The Custodian of the Two Holy Mosques
King Salman bin Abdulaziz Al Saud
Crown Prince  Mohammed bin Salman bin Abdulaziz Al Saud
Vice President of the Council of Ministers and Minister of Defense

---

6

---

7
Annual Report 2018
Contents
Greetings
Vision, Mission, Values
Establishment
Members of the Board of Directors
A Message from the Chairman of the Board of Directors
A Message from the Managing Director/CEO 
Key Accomplishments of 2018
Directors’ Report
Internal Control System
Audit Committee’s Report to the General Assembly
Auditors’ Report & Financial Statements
Alinma Bank Branches & ATMs
8
10
12
14
16
18
20
30
52
54
56
120

---

8
Greetings

---

9
Annual Report 2018
Greetings
At Alinma Bank, our journey of growth and 
 development continues, as we work to  continuously 
improve on our previous  achievements.  We thank 
the bank’s staff for their efforts and hard work on 
behalf of our valued partners. 
The “We Care” slogan has continued to be our 
central theme.  Through it we seek creativity, 
excellence, leadership, and distinction through 
respect, transparency, and service to our  partners. 
All partners matter to us and we strive to  provide 
personal attention to each of them through our 
network of 161 branches cross the kingdom. These 
branches are a living representation of Alinma’s 
mission, vision and values; and they are  managed 
by a professional team of  qualified  Saudi  nationals 
who are dedicated to bringing “We Care” to life 
through interactions with  partners.
2018 was an active year for Alinma Bank, with 
numerous new product and service launches as 
well as awards in recognition of its performance. 
By continuing to add to its suite of offerings, 
Alinma assures that it will remain relevant in an 
ever-changing and growing market.   And awards 
function as affirmation that its strategy in this 
regard is on track.
Our efforts to provide the very best service to our