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4th of February 2012
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About arab national bank

About Us:
Royal Decree M/38 established Arab National Bank in 1979, and as listed Saudi joint stock company, it now ranks among the 10 largest banks in the Middle East.

Our Branch Network:
Arab National Bank provides services to retail and corporate customers through its extensive network of 183 branches spanning the Kingdom, including 42 ladies branches/sections.

In additional to its full range of banking products and services including foreign exchange, treasury, its subsidiary, anb Invest provides a full suite of investment services, including financial advisory, asset management, mutual funds, brokerage and local/international equity trading.

anb is also the 2nd largest provider of Remittance services via its 85 TeleMoney centers.

Islamic banking services have also been constantly increased and today 125 of its male/ladies branches offer exclusively Shariah compliant products and services.

Our Head Office:
Arab National Bank head office is located on King Faisal Street, North Murraba District in the capital city of Riyadh.


Our Core Activities

Consumer Bank:
Consumer finance, deposit, investment and credit cards.


Corporate Bank:
Finance, deposit and credit products for corporate and commercial clients, small and medium enterprises provided thru all local branches of the bank, plus our branch in London.


Treasury Services:
Discretionary portfolio management, Forex, margin trading, financing, liquidity, currency and interest rate risks management.


International Presence:

Arab national bank established its London branch in 1991. The branch, which is strategically located in the Mayfair District near the Saudi Embassy, offers a bouquet of commercial and personal banking services to corporate and retail customers from the world leading financial and business hub.


Community Services:
Arab National Bank is committed to its contribution as good corporate citizen by its service and financial support to the Saudi community.

It plays a pivotal role in the advancement of community causes via its support for charitable and social institutions in Saudi Arabia, both in the form of direct financial contributions and sponsorship of social, cultural and sports events including:

  • Disabled Children Association
    The Bank has partnered with the association since 1993 and has contributed in excess of USD 7.2 million to advance its humanitarian mission. The funds were used to assist rehabilitation of disabled children and the establishment / fitting of the Association's branches throughout the Kingdom.

  • Education
    The bank has close cooperation with educational institutions such as KFUPM through sponsorship of a co-op training program that serves a large number of university students to acquaint them with the advanced level of banking in Saudi Arabia and help them with the transition from a classroom setting to the work environment.

    The same opportunity was provided to a group of students from the IPA and other private training institutions.

  • Unemployment
    The Bank plays an effective role in combatting unemployment thru ongoing hiring of Saudi youth post preparation and skills enhancement thru sponsorship of extensive training programs.

  • Charitable Housing
    Supporting sustainable development projects by contributions social agencies. This included recent funding for the purchase of an endowment for the Prince Salman Charitable Housing Society. The Society aims to provide housing for the poor and the needy.

  • Public Events
    Ongoing sponsorship of public events such as Riyadh's Annual Festival and national campaigns such as National Traffic Awareness Campaign, National Anti-Smoking Campaign and National Narcotic Control Campaign.

  • Charities
    Annual donations for the funding requirements for over 500 charities. Over the past 3 years alone, the bank contributed USD 4.6 million.


Kafala (Guarantee) Program
The Bank actively participates to extend funding to small and medium size enterprises under the management of the Saudi Industrial Development Fund. Arab national bank's significant role towards advancement of the Program causes received recognition from HE Mr. Ibrahim Al Assaf, Saudi Minister of Finance, in 2011.


Our Human Resources:

Arab National Bank objective is to provide a safe and healthy work environment for all employees. The bank organizes several training and qualification programs to sharpen staff skills and competences. Arab national bank employs a workforce of 3,500 employees and continues to focus on enhancement of Saudization levels.

Today, Saudis accounts for over 91% of our total workforce.


Financial Highlights:
The bank posted a net income of USD 579 million in 2011.

Customer deposits of USD 23.4 billion with total assets of USD 31.4 billion.

Total shareholder equity USD 4,433 million.

Capital:
USD 2.3 billion.

Current Credit Ratings:
• Standard and Poor : A
• Moody's : A1
• Fitch : A
• Capital Intelligence : A+

 
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