Alinma Bank wins 2015 Deal of the Year Award for its financing of Saudi Aramco

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As a result of its participation, alongside 27 local, regional, and international financial institutions, in financing Saudi Aramco through a revolving standby credit facility agreement totaling $10 billion in 2015, Al-Inmaa Bank was honored with the "Deal of the Year 2015" award as one of the lead bookrunners and arrangers.

On this occasion, Al-Inmaa Bank CEO Abdulmohsen bin Abdulaziz Al-Faris stated that Al-Inmaa Bank always seeks to participate in financing high-quality projects with economic viability, and that Al-Inmaa Bank’s partnership with Saudi Aramco is an extension of their distinguished banking relationship—a strategic partnership that began when the bank was founded and has continued across various economic and social spheres.

Al-Faris explained that Al-Inmaa Bank’s participation stems from the bank’s confidence in the quality of the projects and the development and expansion plans undertaken by Saudi Aramco, and to support the development of its business, which has a direct impact on the local and global economies. Al-Inmaa Bank’s receipt of this award is the culmination of joint efforts that resulted in the completion of the "Deal of the Year 2015,“ Al-Inmaa Bank plays a prominent role in contributing to and advancing all efforts aimed at fulfilling the aspirations and ambitions of its partners and supporting and strengthening the national economy.

It is worth noting that the award is presented by ”Islamic Finance News” magazine, which is affiliated with “Red Money,” a media agency specializing in Islamic banking.