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Alinma Bank (SAU:1150) reports an 11% increase in net income, despite a decline in net interest margin and non-yield income.
Saudi Arabia's prepaid card and digital wallet market is set for growth, driven by government initiatives for a cashless society, booming e-commerce, and corporate adoption. The rise of fintech and digital-only banks accelerates this shift, supported by regulatory backing. This presents significant opportunities in enhancing security, usability, and integration into digital payment systems. Saudi Arabian Prepaid Card and Digital Wallet Market Saudi Arabian Prepaid Card and Digital Wallet Market
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