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The financial report of Alinma Bank showed an increase in its net profit during the second quarter of 2026 by 1.39% year-over-year, reaching 1.59 billion SAR compared to 1.57 billion SAR in the same period last year. This rise was supported by a 6.2% increase in total operating income, driven by higher net income from financing and investments, as well as an increase in the fair value assessment of investments. However, the bank experienced a 42.2% year-over-year rise in expected credit loss provisions, which impacted quarterly performance, as the second quarter saw a 4.96% decline in profits compared to the first quarter, which recorded 1.68 billion SAR. For the first half of 2026, the bank's profits grew by 6.24% to 3.27 billion SAR. Total assets increased to 329.29 billion SAR, with the financing and investment portfolio rising by 11.58% to 243.91 billion SAR, and customer deposits grew by 6.66% to 245.25 billion SAR.
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