Earnings Report /
Saudi Arabia

Alinma: Q2 22 earnings call summary

  • Alinma’s loan book grew 9.7% yoy (+1.7% qoq) to SAR131bn. Deposits grew 3.6% yoy (+1.8% qoq) to SAR130bn.

  • Gross financing increased by 4% ytd from SAR130bn in Q4 21 to SAR135bn in Q2 22.

  • Expecting stable credit quality and NPL coverage, leading to COR moderation.

SNB Capital
9 August 2022
Published bySNB Capital

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