Alinma Bank reported earnings results for the first quarter of 2014. Alinma Bank has announced the achievement of a net profit of SAR 293 million during the first quarter of 2014. This represents an improvement over the SAR 221 million net profit earned in the corresponding quarter of 2013, an increase of 33%.

This was also an increase over the SAR 280 million earned during the fourth quarter of 2013. Total operating income during the first quarter of 2014 stood at SAR 600 million compared to SAR 522 million for the same quarter of the previous year, an increase of 15%. Earnings per share during the first quarter of 2014 rose to 20 halalas compared to 15 halalas per share during the same quarter of the previous year, an increase of 33%.