Alinma Bank Q1 2024 Earnings Conference Webcast

Alinma Bank reported Q1 2024 earnings with net income growth of 36% reaching 1.3 billion SAR, driven by 16% increase in funded income and improved asset quality. The bank achieved 4% year-to-date financing growth to 180.7 billion SAR, enhanced its cost-to-income ratio to 32.5%, and progressed on strategic initiatives including branch consolidation and digital banking expansion.