Alinma Bank CEO Says 'Very Confident' About Dividend This Year

The transcript discusses the record growth in Alinma's financial performance, highlighting a 28% increase in net income and significant growth in assets and deposits. It covers the implications for dividend policy and the impact of housing on lending growth. The discussion also touches on the potential for bank consolidation in Saudi Arabia and the effects of higher interest rates. The speaker expresses optimism about future lending growth, supported by budget announcements and mega projects.

What was the percentage increase in net income for Alinma?

• 15%

• 28%

• 35%

• 50%

How does the bank's growth affect its dividend policy?

• It contributes to increasing the dividend

• It has no effect

• It decreases the dividend

• It leads to a dividend cut

What is the expected growth rate for lending in 2018 according to the bank?

• 3%

• 5%

• 10%

• 7%

What impact do higher interest rates have on banks?

• They have a positive net effect

• They have no impact

• They increase costs without benefits

• They reduce profits

What is the bank's outlook for lending growth in the coming year?

• Pessimistic

• Neutral

• Optimistic

• Uncertain