News Detail - anb

arab national bank (anb) announced Net Profit of USD 284.7 million Q1 2023
arab National Bank (anb) reported a net profit of USD 284.7 million for the first quarter of 2023, compared to USD 173.5 million for the same period last year, an increase of 64.1%.
Total operating income for the first quarter of 2023 reached USD 581.5 million compared to USD 387.9 million for the same period last year, an increase of 49.9%. Assets as of March 31, 2023, reached USD 57.1 billion, investments reached USD 11.1 billion, the loan portfolio reached USD 38.6 billion, and customers’ deposits reached USD 41.4 billion.
Engineer Salah R. Al-Rashed, Chairman of the Board, stated: "The bank sustained its strong financial performance during the first quarter of this year, as a result of its strategic approach in continuing to enrich the customer experience, enhancing the effectiveness of its operations, accelerating momentum in digital transformation, and investing in human resources."
Arab National Bank (anb) - a Saudi joint stock co. - paid up capital SR. 15,000 Million - Unified No. 7000018007 - License No. 4017/m/a/254- National Address 7317 King Faisal Rd. Al Murabba, unit number 1, Riyadh 12613-3536 - P.O. Box 56921, Riyadh 11564, Kingdom of Saudi Arabia - Website: anb.com.sa - Telephone +966114029000 - Fax +966114027747 The Bank is regulated and supervised by Saudi Central Bank