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Alinma Bank Reaches 746.3M Riyals in Q3 Profits
The Board of Directors of Saudi Alinma Bank has approved the distribution of cash dividends amounting to 746.3 million SAR for the third quarter of 2026, at a rate of 25 halalas per share. The dividend distribution will commence on November 18th. The total number of shares eligible for dividends is approximately 2.99 billion shares, and entitlement to the dividends will be determined based on trading activity ending November 4th, 2026. Despite growth in financing and investment income, the bank’s profits decreased slightly by 0.2%, reaching 1.59 billion SAR, influenced by higher credit loss provisions and lower banking fee revenues.
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