Riyadh - Mubasher: Alinma Bank plans to issue USD-denominated Sustainable Additional Tier 1 (AT1) capital certificates under its AT1 capital certificate issuance program.

The issuance will be carried out through a special purpose vehicle and offered to eligible investors in Saudi Arabia and abroad, according to a bourse disclosure.

On 5 May 2025, the board approved the issuance and authorized the CEO to execute the plan.

Alinma Bank appointed ADIB, Alinma Capital, DIB, Emirates NBD, Goldman Sachs, J.P. Morgan, and Standard Chartered as joint lead managers.

The size and terms of the offer will depend on market conditions, with proceeds aimed at improving Tier 1 capital and supporting general banking purposes.

Meanwhile, the offering remains subject to regulatory approvals and compliance with applicable laws.

During the first half (H1) of 2025, Alinma Bank registered SAR 3.08 billion in net profits.