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Alinma Bank (Arabic: مصرف الإنماء) is a Saudi joint stock company formed in accordance with Royal Decree No. M/15 dated 28 March 2006 and Ministerial Resolution No. 42 dated 27 March 2007. The bank was established with share capital of SAR 20 billion, consisting of 1.5 billion shares with a nominal value of SAR 10 per share.
In 1952, the Saudi Central Bank was established. In 1990, Saudi Payment Network (SPAN) services for ATMs were launched, along with Visa and Mastercard acceptance. In 1993, Point of Sale (POS) service was introduced. In 1994, SPAN transactions were accepted in Gulf Cooperation Council (GCC) countries through the Gulf payments network.
The Saudi Investment Bank (SAIB) البنك السعودي للاستثمار: Riyadh: 1976: 1030 Alinma Bank: مصرف الإنماء: Riyadh: 2006: 1150 Banque Saudi Fransi (BSF) البنك السعودي الفرنسي: Riyadh: 1977: 1050 Riyad Bank: بنك الرياض: Riyadh: 1957: 1010 Al-Rajhi Bank: مصرف الراجحي: Riyadh: 1957 ...
It reflects the development of the entire Saudi Arabian stock market. [1] The index level is determined exclusively based on share prices and is only adjusted for income from subscription rights and special payments. The weighting is based on the market capitalization of the listed companies, with the weighting of large constituents being ...
Al-Rajhi Bank Saudi Arabia; Al Jazeera Bank; Al-Bilad Bank; Alinma Bank; According to scholar of international finance, Ibrahim Warde, the two largest Islamic banking groups, Dar al-Maal al-Islami and al-Baraka Bank, have not been able to obtain licenses to operate commercial banks in Saudi Arabia, despite the fact that they are both owned by ...
The Saudi Arabian Interbank Offered Rate (SAIBOR) is a daily reference rate, published by the Saudi Central Bank (SCB or SAMA), based on the averaged interest rates at which Saudi banks offer to lend unsecured funds to other banks in the Saudi Riyal wholesale money market (or interbank market).
Asset pricing; Bond (finance) Capital structure; Corporate finance; Cost of capital; Equity (finance) Ethical banking; Exchange traded fund; Financial; law. market
Alawwal Bank: Financials Banks Riyadh: 1926 Bank, formerly Saudi Hollandi Bank P A Alinma Bank: Financials Banks Riyadh: 2006 Bank P A Almarai: Consumer goods Food products Riyadh: 1977 Dairy P A Al-Muhaidib: Conglomerates - Dammam: 1946 Food, retail, industrials, financials, energy P A Al-Rajhi Bank: Financials Banks Riyadh: 1957 Islamic bank ...