Saudi Arabia-based Alinma Bank has joined forces with tech giant IBM to launch a new API marketplace, utilising IBM’s hybrid cloud and artificial intelligence (AI) integration technologies.

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With IBM’s API Connect serving as a core component, the marketplace simplifies the integration of internal banking systems.

Alkhorayef Water and Power Technologies Co. (AWPT) increased its credit facility with Alinma Bank by SAR 380 million, bringing the total from SAR 250 million to SAR 630 million, according to a ...

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Liquidity Coverage Ratio (LCR): 122%. Loan-to-Deposit Ratio (LDR): 83.3%. Net Stable Funding Ratio (NSFR): 108.2%. Alinma Bank (SAU:1150) reported a 20.5% increase in net income, reaching SAR5.8 ...

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