DUBAI, Dec 20 (Reuters) - Arab National Bank 1080.SE , Saudi Arabia's seventh-largest bank by assets, has proposed paying a cash dividend of 0.45 riyals ($0.12) per share for the second half of 2016, it said in a statement on Tuesday.

The dividend is lower than 0.55 riyals paid in the corresponding period of last year.





($1 = 3.7508 riyals)

(Reporting by Hadeel Al Sayegh. Editing by Jane Merriman) ((Hadeel.AlSayegh@thomsonreuters.com; +971566883310;))