Alinma Isnad Company
Alinma Isnad Company was established in 2019 and began its operations on 1 January 2020.
Business activities
- Providing employment services for Alinma Bank and subsidiaries
- Control and reducing financial cost
- Raising the saudization rates in Alinma Bank and subsidiaries
- Increase quality and service for the business
- Risk control
Capital structure
The company has nominal and paid up capital of SAR 500,000. Alinma Isnad Company is a wholly owned subsidiary of Alinma Bank.
Initiatives
Several initiatives were launched to achieve the strategic plans in a short time.
Financial performance
Alinma Isnad Company recorded a profit of more than SAR 3,000,000 Mn. in 2021, compared to a return of SAR 1,884,000 Mn. in the previous year.