Alinma Bank announced earnings results for the first nine months of 2013. The bank said that its net profit for the first nine months of 2013 surged to SAR 725 million (USD 193.3 million/EUR 142.3 million) from SAR 526 million in the same period a year earlier, or an increase of 37.8%. The bank explained the sharp rise with a significant growth in operating income.

The bank registered a 21.5% surge in total operating income to SAR 1.623 billion in January-September 2013. Income from investment and financing activities rose to SAR 1.361 billion from SAR 1.084 billion.