Arab National Bank - Saudi Arabia

Arab National Bank (ANB) offers a full range of domestic and international commercial and Islamic products and services to the retail and corporate sectors.

The bank also offers consultancy and investment, mutual funds and assets management, local and international equity trading, foreign exchange and treasury services.

Since its inception in 1979, ANB has grown to become one of the top 10 banks in the Middle East. Today it operates 143 local branches, 21 ladies’ sections and one branch in London.

The bank currently has 3,532 employees, out of which 90 percent are Saudi citizens.

The company posted a net profit of $663m in 2008, compared with $656m in 2007, an increase of one percent. Net profit in the fourth quarter fell 11 percent to $116m. “Against the backdrop of a challenging global environment, the bank managed to show an improved level of profitability reflecting the robust quality of its assets mix,” said chief executive Dr Robert Eid.

Shares in the bank gained 29 percent last month as Saudi financials’ shares staged a rally on the news that the Kingdom’s banks reported profits of $1.60bn in the first two months of 2009, compared with $1.39bn in the corresponding period last year.
More about the company
Address: Arab National Bank Building, Mouraba Street PO Box 56921 , Riyadh, SAUDI ARABIA

ANB

Joint stock

13 July 1979

Public

966 1 4029000

966 1 4027747

info@anb.com.sa

www.anb.com.sa

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Officers »
Board of Directors Position
Abdullatif Hamad Al Jabr
Chairman
Robert Eid
Board Member
Rashed Saad Abdulrahman Al Rashed
Board Member
Salah Rashid Al Rashid
Board Member
Abdullah Ibrahim Abdulrahim Silsilah
Board Member
   
Management Position
Robert Eid
Chief Executive Officer and Managing Director
Abdullah Al Khalifa
General Manager - Finance
Zahid Rahim
General Manager - Corporate Banking Group
Abdulaziz Al Najran
General Manager - Human Resources
Ram Mohan
Assistant General Manager - Consumer Credit Collection
View all
Major Shareholders
Name Country
Rashed Abdul Rahman Al Rashed and Sons Company
Saudi Arabia
General Organization for Social Insurance - Saudi Arabia
Saudi Arabia
Al Jaber Trading Company
Saudi Arabia
Arab Bank - Jordan
Jordan
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