Sunday, 23 November 2008 | 16:18 UAE time
COMPANIES
Arab National Bank - Saudi Arabia
- 29.20 Last
- -1.40 (-4.58%) Today's Change
- 454,844 Volume
- 30.60-95.20 52 Week Range
- -38.88 (-57.11%) 52 Week Change
COMPANY DESCRIPTION
The Arab National Bank (ABN) offers retail, corporate, commercial, investment and private banking and treasury services. Despite the bank's net income decline of 1.7% in 2007 compared to the previous year, it is rated as the second amongst the Saudi banking sector in terms of profitability.The bank demonstrated an improved performance in the first quarter of 2008 posting net income increase of 4.6%.
ANB operates through 143 branches and 21 ladies' sections across the Kingdom and has one branch in London. The bank's subsidiary is ANB Capital Company (98%), which is engaged in investment services and asset management activities.
KEY INFORMATION
Industry
Asset Management, Commercial Banks, Commodity Brokers, Investment Banks, Stock Brokers
Address
Arab National Bank Building, Mouraba Street, 56921, Riyadh, Saudi Arabia
T
966 1 402 9000
F
966 1 402 7747
E
W
COMPANY OVERVIEW
| Ownership | Type | Established on | Employees |
|---|---|---|---|
| Public | Joint stock | 13 Jul 1979 | - |
MAJOR SHAREHOLDERS
| Name | Country |
|---|---|
| Al Jaber Trading Company | Saudi Arabia |
| Arab Bank | Jordan |
| General Organization for Social Insurance | Saudi Arabia |
| Public Pension Agency | Saudi Arabia |
PORTFOLIO
| Name | Country |
|---|---|
| Arab National Bank | UK |
| Saudi Housing Finance Company | Saudi Arabia |
| Saudi Travellers Cheque Company | Saudi Arabia |
OFFICERS
| BOARD OF DIRECTORS | Position |
|---|---|
| Abdullatif Hamad Al Jabr | Chairman |
| Robert Eid | Director |
| Rashid Saad Al Rashid | Director |
| Salah R. Al Rashed | Director |
| Abdullah Ibraheem Silsilah | Director |
| Ahmed A. Al Akeil | Director |
| Khaled M. Saad Albawardi | Director |
| Abdel Hamid A. Shoman | Director |
| Farouk El Kharouf | Director |
| Ghassan H. Tarazi | Director |
| Robert Eid, Chief Executive Officer & Managing Director | Position |
| 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 |
| Tarek Bin Taleb | Head of Investment Services |
| Othman Al Bader | Head of Segmentation |
| Adel Al Mankore | Head of Credit |
| Raju Buddhiraju | Head of Retail and Consumer |
| Khaled Abu Obeid | Head of Compliance |
| Zuhair Kharbash | Head of Legal Affairs |
| Abdulrazzak H. Al Saleh | Head of Information Technology |
MOST POPULAR NEWS STORIES
LATEST FINANCIAL JOBS
- Head of Consumer Lending, Qatar, Qatar
- Finance Manager, UAE, UAE
- Financial Controller, Dubai, UAE
- Senior Accountant, Dubai, UAE
- Senior Equity Trader, Abu Dhabi, UAE
Information correct at the time of publishing. If you are a representative of this company and want to update the details, please email updated information to financials@itp.com providing your name, designation and contact details.
All markets data located on
ArabianBusiness.com is subject to the ArabianBusiness.com Terms & Conditions. Content should be used for general information use only.
Charts and statics display delayed intraday data. Share price information may be rounded up/down and therefore may not be entirely accurate
Selected data supplied by Reuters Limited. Click for Restrictions.