About Arab National Bank :

Arab National Bank (a Saudi Joint Stock Company) was formed pursuant to Royal Decree No. M/38 dated 18/7/1399H (corresponding to 13/6/1979). The Bank commenced business on February 2, 1980 when it took over the operations of Arab Bank Limited in the Kingdom of Saudi Arabia.

The Bank operates under Commercial Registration No. 1010027912 dated 01/03/1400H (January 19, 1980) through its 113 branches & 12 ladies sections spanning the Kingdom, plus one branch in London, UK since 1991. ANB plays a pivotal role in serving the Saudi Arabian economy, making steady progress over the past years in different areas of banking. To enrich the customers’ experience, the Bank offers a variety of innovative, new products through an expansive retail network.

Products & Services:

Arab National Bank offers a full range of domestic and international commercial and Islamic products and services to the retail and corporate sectors. The Bank also offers a consultancy and investment, mutual funds and assets management, local & international equity trading, foreign exchange and treasury services.

Development Plans:

To bolster development plans Arab National Bank tamed modern technology to serve various customer segments, supported by a firm commitment to lofty professional standards. Technology initiatives of Arab National Bank provide sophisticated, electronic distribution and delivery channels for services and products in order to come closer to its customers. The modern ATM network spans the Kingdom delivering superior banking services around the clock. Phone Banking (or Hatif Al Arabi) puts the customer only a phone call away from execution of various transactions from anywhere, anytime. Al Arabi e-Bank, the first Internet banking solution to be launched in Saudi Arabia early in 2000, provides a virtual branch on the customer’s desktop to manage accounts in a secure environment. Through Jawal Al Arabi, the Bank uses the SMS feature to transmit a full spectrum of data directly to the customer’s mobile around the clock regardless of geographical boundaries. Technology, a core asset, was ideally exploited to improve standards of customer service, and build a comprehensive database to anticipate future needs of our customers and develop new, appropriate products for them.

Human Resources:

Arab National Bank is committed to train its Saudi staff in order to upgrade their skills and grow our managers for the future. The Bank continues to focus on increasing the ratio of Saudi personnel to stand at 87% of our total staffing body of 2,301 employees by end of 1H, 2004.

Community Service:

As an integral and reactive member of the Saudi community fabric, the Bank recognizes its responsibility to the community and plays an active role in the community service through a number of social and philanthropic programs. Ongoing support has been accorded to charities, educational institutions and others to advance their worthy causes. Our long relationship with the Disabled Children’s Association has become stronger with the passage of time since the program started in 1993. Through our ongoing philanthropic Program “more commonly known as ‘Promote Good’” the Bank grants an annual donation to the Association to provide significant, sustainable and progressively increasing stream of financial support to the Association to whom we have donated more than SR21 million through end of 2003. Our efforts on this front also enhance public awareness of the dilemma of disabled children and their families.

Achievements and Awards:

As a gesture of international and national recognition of consecutive achievements and service excellence Global Finance, a reputable international financial journal, named the Bank “Best Bank in Saudi Arabia - 2004” for the second year in a row. Arab National Bank won the “Bank of the Year in Saudi Arabia – 2004 Award” from “The Banker” of the famous London-based Financial Times Institution also for the second time running.. It remains to be said that Arab National Bank was already named “Best Overall Fund Manager in Saudi Arabia – 2003”for the second year in a row in recognition of the excellent performance of the Bank’s mutual funds management. Recently “Emerging Markets” of “EUROMONEY” named the Bank “The Most Improved Bank in the Middle East – 2004”