XSAU
1080
Market cap12bUSD
Nov 12, Last price
22.70SAR
Name
Arab National Bank
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Profile
Arab National Bank, founded in Riyadh, Saudi Arabia in 1979, functions as a comprehensive financial services provider. The institution operates through its core divisions: Retail Banking, Corporate Banking, Treasury, and Investment and Brokerage Services. For individual customers, the bank offers diverse account options, including current, savings, Murabaha, and time deposits. It also provides personal, car lease, and real estate financing, consumer credit advisory services, and both credit and debit cards. ANB extends a broad spectrum of services to its corporate and institutional clients, encompassing credit lines, various loan types, specialized financing for foreign exchange and precious metals, letters of credit, letters of guarantee, and margin trading facilities. The bank additionally delivers cash management, professional treasury, and foreign exchange services, facilitates wire transfers, and provides custody and safekeeping solutions. Islamic banking products are also available. Beyond conventional offerings, ANB's credit-related services include overdrafts, revolving short, medium, and long-term loans, discounted bills, bonding, documentary credit acceptances, and collections. Its product portfolio further features project, contract, and bridge loans, working capital/trade loans, guarantees, and hedging facilities. Through its Investment and Brokerage segment, the bank provides access to mutual funds, margin and equity trading, and private equity services. ANB is also actively involved in asset management, covering the dealing, managing, arranging, advising on, and safeguarding of securities, in addition to general investment management services. Its operations also encompass the leasing of heavy equipment and engaging in property transactions such as purchasing, selling, and leasing land and real estate. Catering to individuals, corporations, institutional clients, and small to medium-sized businesses, Arab National Bank operates an expansive network of 131 branches across the Kingdom of Saudi Arabia, complemented by an international branch in the United Kingdom.
Related entities
Subsidiaries (4)
Al Arabi Heavy Equipment Lease Co
Al Manzel Al Mubarak for Real Estate Investments ltd
ANB Capital Company
ANB GLOBAL MARKETS LIMITED
Branches
ARAB NATIONAL BANK LONDON BRANCH
Key people
Salah Rashed Al-Rashed
Non-Executive Chairman of the Board · since 2020
Saad Al Dughish
Chief Financial Officer · since 2023
Aiedh Mohammed Al Zahrani
Chief Operating Officer · since 2019
Bader Alotaibi
Chief Human Resources Officer · since 2024
Waleed Alkhulayf
Chief Compliance Officer · since 2024
Chief Risk Officer · since 2024
Chief Executive Officer, Managing Director, Executive Director · since 2021
Zeyad Abanmay
Chief Treasury Officer · since 2024
Abdelrahman Ahmed
Chief Strategy Transformation Officer · since 2024
Hatim Alghamdi
Chief Customer Care Officer · since 2024
Zuhair Al Herbish
Chief Legal Officer · since 2024
Saleh Almahmoud
Chief Private Bank Officer · since 2024
Waleed Alomary
Chief Internal Auditor · since 2024
Abdulaziz Alomran
Chief Credit Officer · since 2024
Khaled Alrashed
Chief Retail Banking Officer · since 2024
Louai Al-Zaher
Chief Wholesale Bank Officer · since 2024
Fahed Alsalem
Chief Corporate Governance Officer, Corporate Secretary · since 2024
Mohammed Abdul Fatah Hamad Alghanamah
Non-Executive Board Member · since 2008
Naim Rassem Al-Hussaini
Non-Executive Board Member · since 2023
Hesham Abdullatif Al Hamad Al Jabr
Non-Executive Board Member · since 2023
Headquarters & legal address
Riyadh
Riyadh, 01 11564
SA
Riyadh, 01 11564
SA
Valuation
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