Reported by: banking|Updated: February 11, 2019
Saudi Arabia’s Alinma Bank has launched a network of digital branches, the first in the kingdom. The bank has been strengthening its systems to provide convenient, self-service, banking solutions to its customers. The first of the new digital branches is located on Prince Mohammed bin Abdulaziz Street in Riyadh. Alinma Bank’s CEO Abdulmohsen Al-Fares said the bank’s customers can open current accounts, issue and print ATM cards, update ID information, authenticate their digital signatures for their digital accounts, print checkbooks, issue account statements and account bank balance certificates, and much more, in a self-service environment that fully meets the customers’ needs. The branch will also have interactive teller machines (ITMs), small denomination ATMs, and cash deposit machines for corporate partners. The digital branch is designed according to the latest banking and technical standards to facilitate the movement of the partner within the digital branch and to fulfill their needs in a timely manner.