Alinma Bank 2024 AR2
The report highlights Alinma Bank's strategic and financial progress in 2024, achieving a record net income of SAR 5,832 million, representing a 21% increase from the previous year. The bank successfully launched 'iz', a digital banking platform tailored for Saudi youth, which attracted over 100,000 new clients. In sustainability, Alinma improved its LSEG ESG score from 28 to 68, ranking among the top 25% of banks globally. Key environmental initiatives included planting 175,000 mangrove trees in Rabigh to absorb 22,000 tons of greenhouse gases and obtaining ISO 14001 certification.
Company: Alinma Bank
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2024
Type: AR2
Pages: 155
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Alinma Bank
Annual Report
The report highlights Alinma Bank's strategic and financial progress in 2024, achieving a record net income of SAR 5,832 million, representing a 21% increase from the previous year. The bank successfully launched 'iz', a digital banking platform tailored for Saudi youth, which attracted over 100,000 new clients. In sustainability, Alinma improved its LSEG ESG score from 28 to 68, ranking among the top 25% of banks globally. Key environmental initiatives included planting 175,000 mangrove trees in Rabigh to absorb 22,000 tons of greenhouse gases and obtaining ISO 14001 certification.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Net Zero Target
Employees