Imposition of a penalty on Alinma Bank

The Capital Market Authority announces the issuance of a CMA Board resolution to impose a penalty of SR 10,000 (Ten Thousand Saudi Riyals) on Alinma Bank due to its violation of clause (B) of Article (40) of the Listing Rules. The Bank was late to inform the public about its Annual Financial results for the period ending on 31/12/2013. The Bank announced it only less than two hours before the market opens on 12/01/2014.

Published on the same date

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Imposition of a penalty on Alinma Bank