Arab National Bank (1080.SR)

SAR 20.08

(-0.1%)

Market Cap (In SAR)

40.16 Billion

Revenue (In SAR)

7.89 Billion

Net Income (In SAR)

4.07 Billion

Avg. Volume

1.98 Million

Currency
SAR
Country
Financial Services
Open
-
Prev. Close
-
Day Range
-
Year Range
0.0-23.5125
PE
-
EPS
-
Beta Value
0.483
ISIN
SA0007879105
CUSIP
-
CIK
-
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Financial Services
Industry
Banks - Regional
CEO
Mr.Obaid Abdullah Alrasheed
Employee Count
-
Website
https://www.anb.com.sa
Ipo Date
2010-03-03
Details
Arab National Bank provides various banking products and services. The company operates through Retail Banking, Corporate Banking, Treasury, and Investment and Brokerage Services segments. It offers current, savings, and Murabaha accounts, as well as time deposits; personal, car lease, and real estate financing, as well as consumer credit advisory services; credit lines and loans; credit facilities for foreign exchange and precious metals; letters of credit (LC) and letters of guarantee; margin trading lending; and credit and debit cards. The company also provides Islamic banking, cash management and professional, treasury and foreign exchange, wire transfer, and custody and safekeeping services. In addition, it offers credit related services, such as overdraft and current accounts, revolving short-term and medium/long term loans, discounted bills, bonding, documentary LC and acceptances, and bills of collection and payment; safe deposit lockers; and online and phone banking services. Further, the company provides various mutual funds; and margin and equity trading services, as well as private equity services. Additionally, it offers credit products, including project loans, contract financing facilities, bridge loans, working capital/trade loans, letters of credit and guarantees, and hedging facilities. The company is also involved in the asset management activities related to dealing, managing, arranging, and advising and custody of securities; leasing of heavy equipment; and purchasing, sale, and leasing of land and real estate, as well as offers investment management services. The company serves individuals, corporate and institutional customers, and small to medium sized businesses through its 131 branches in the Kingdom of Saudi Arabia and 1 branch in the United Kingdom. Arab National Bank was founded in 1979 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.