Arab National Bank
The Arab National Bank is a major bank based in Riyadh, Saudi Arabia and listed on the Saudi Stock Exchange. It is among the top ten largest banks in the Middle East and has received an ‘A’ rank from Standard and Poor’s. It has 156 branches in Saudi Arabia.
Arab National Bank engages in the provision of commercial and Islamic banking services. It operates through the following segments: Retail banking, Corporate banking, Treasury banking, Investment & brokerage services, and Other. The Retail banking segment includes deposit, credit and investment products for individuals. The Corporate banking segment offers loans, deposits and other credit products for corporate and institutional customers. The Treasury banking segment manages trading and investment portfolios, its funding, liquidity, currency and commission rate risks. The Investment & brokerage services segment Includes investment management services and asset management activities related to dealing, managing, arranging, advising and custody of securities. The Other segment includes income on capital and unallocated costs, assets and liabilities pertaining to the head office and other supporting departments. The company was founded on June 13, 1979 and is headquartered in Riyadh, Saudi Arabia.