ANB's Corporate Banking Group (CBG) focuses on providing financial products and services to large and medium sized Saudi entities involved in manufacturing, trading,contracting, operation & maintenance, services and information technology, major Saudi/ international joint venture companies in the manufacturing and services sectors, Government and quasi-government agencies and their affiliates, international companies trading in Saudi Arabia. CBG operates from three regional offices based in Riyadh, Jeddah and Khobar and our wide branches network covers the entire Kingdom.
ANB provides credit related services: overdraft and current accounts, revolving short-term and medium/ long term loans, discounted bills, bonding of all types, documentary letters of credit and acceptances, bills of collection and payment.
ANB is active in developing financing products compliant with Islamic Shariah Principles. All ANB Islamic banking products are reviewed by the Bank's Shariah Committee to ensure the compliance of the Islamic facilities that we offer with the Shariah principles. We are providing two standard Islamic products morabaha and tawarruq. However, we are prepared to develop creative structures that fit with customer criteria and comply with Sharia Principles.
In ANB we adopt the concept of Relationship Management in our dealing with customers. ANB assigns an officer responsible for each company. The relationship manager ensures the delivery of quality service in a timely manner to our customer. Our corporate customers benefit from the relationship management concept by having one contact point for all their banking transactions.
CORPORATE CONTRACTING UNIT
ANB structures and offers tailored contract finance packages, through a dedicated Corporate Contracting Unit, to multinational contractors and blue chip domestic contractors in relation to assigned EPC (engineering, procurement, and construction) and service contracts in Saudi Arabia in all major domains, such as civil construction (including residential developments), power & water, oil & gas, operation & maintenance contracts etc.. Backed by an experienced and dedicated team of professionals, Corporate Contracting Unit offers one-stop financial solutions covering the full spectrum of contract finance including letters of guarantee, letters of credit with refinance, progress payment financing / bill discounting, overdrafts, loans, payroll financing and other fund-based facilities. In cooperation with our affiliates, we also offer ancillary services for contractors such as heavy equipment leasing and contractors’ all risk insurance.”
Project and Structured Finance
Arab National Bank is one of the Kingdom of Saudi Arabia's leading project and structured financiers, having taken key roles in the majority of project financings arranged in the Kingdom. Our intimate understanding of the local market, the potential opportunities that exist within it and its regulations, place us as a preferred partner to support the financing requirements of corporates and investors.
Our success in leading and arranging a multitude of highly-structured syndicated financing transactions has earned us an excellent reputation in the field of project & structured finance in the Kingdom. Through our dedicated and experienced team, we offer a comprehensive portfolio of services, including:
- Project Finance
- Contract Finance
- Syndicated Corporate Loans
- Debt Syndication and Arranging
- Agency Services
We also offer a multitude of credit products, including project loans, contract financing facilities, bridge loans, working capital/ trade loans, letters of credit & guarantees and hedging facilities. In addition, we have the capability for structuring fully Shariah compliant transactions.
Trade & Transaction Banking Solutions
ANB has a proud history as a trade finance services bank and more recently we have made significant progress in the area of providing Cash Management solutions to our customers. We offer a full suite of traditional trade finance products & services backed by our growing expertise in structured Trade finance products. In line with needs expressed by our CBG customers, the Bank has developed expertise in offering innovative, cutting-edge and customised solutions in cash management, making us as one of the most active banks in both Trade finance & Cash management products , services and solutions in the Kingdom.
With our extensive branch networks and electronic channels we offer a full range of transaction banking solutions to help manage our customer’s Transaction Banking needs.
Trade Finance Product & Services
At ANB we ensure that the highest attention is paid in servicing our Trade finance customers, fully understanding the need for efficiency and expertise in servicing this important areas of our customer’s banking needs. While local & International trade is your business we make it our mission to make your transactions processing faster & accurate through the following products & services:
Cash Management Solutions
Our corporate cash management experts provide a wide range of world-class solutions that can help clients improve liquidity and cash flow and optimize their treasury and payment businesses in the Kingdom and globally.
We also offer a complete range of services to handle the complexities of global, the GCC and domestic cash management, including global & local payments, corporate cheque payment services, liquidity management, account information and account receivable reporting services. In addition to this we have developed specialized solutions for cash management needs of the Government, Real Estate sector, and Investment & brokerage houses to name a few. By utilizing ANB’s cash management services, underpinned by advanced technology, your company will gain the traction that you need to compete in the marketplace through utilization of state of the art, innovative and in most cases customized solutions for your company’s transactional banking needs.
Off-the-shelve, we offer the following products & services: