Alinma Bank 2022 AR2
The report highlights Alinma Bank's strong financial and operational performance in 2022, with net income increasing by 33% to reach SAR 3.60 billion. The bank accelerated its digital transformation by launching the Digital Factory and Digital Lab, resulting in 99% of financial transactions being conducted digitally. Alinma Bank also made significant progress in its ESG agenda, establishing a Governance and Sustainability Committee and becoming the first bank in Saudi Arabia to sign the UN Women's Empowerment Principles. Additionally, the bank achieved a 95.20% Saudization rate and was recognized as the top entity in the financial sector for nationalizing jobs.
Company: Alinma Bank
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2022
Type: AR2
Pages: 98
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Alinma Bank
Annual Report
The report highlights Alinma Bank's strong financial and operational performance in 2022, with net income increasing by 33% to reach SAR 3.60 billion. The bank accelerated its digital transformation by launching the Digital Factory and Digital Lab, resulting in 99% of financial transactions being conducted digitally. Alinma Bank also made significant progress in its ESG agenda, establishing a Governance and Sustainability Committee and becoming the first bank in Saudi Arabia to sign the UN Women's Empowerment Principles. Additionally, the bank achieved a 95.20% Saudization rate and was recognized as the top entity in the financial sector for nationalizing jobs.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees