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24/07/2017 05:45 AST
Arab National Bank reported a net profit of $431.2 million for the first six months of 2017, compared to $417.9 million for the same period last year, an increase of 3.2%.
Profits of the second quarter of 2017 reached $226.4 million compared to $218.1 million for the same period last year.
ANB total operating income for the first six months of 2017 reached $831.1 million compared to $790.6 million for the same period last year, an increase of 5.1%.
Assets as of June 30, 2017 reached $45.6 billion, and investments reached $6.6 billion, while the loans portfolio reached $30.6 billion and Customer deposits reached $34.9 billion.
Commenting on the Bank's results, Dr. Robert Eid, Managing Director and Chief Executive Officer, said "the increase in the Bank's profits resulted principally from balanced growth in various business lines, and its conservative risk management culture."
Saudi Gazette
26/10/2017
Arab National Bank (ANB) reported a net profit of $638 million for the first nine months of 2017, compared to $610 million for the same period last year, an increase of 4.5%.
Profits of th
Saudi Gazette
31/01/2017
Arab Bank Group posted a net profit after tax of $533 million for 2016, a growth of 20 per cent compared to $442 million for 2015.
The net operating income before provisions and taxes exce
Trade Arabia
05/12/2016
Arab National Bank (ANB) wins the 'Most Sustainable Bank - Saudi Arabia 2016' awarded by the reputable London-based World Finance magazine.
Dr. Robert Eid, Managing Director and Chief Exec
Saudi Gazette
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