Arab National Bank (ANB), Saudi Arabia - Latest News and Developments

Saudi's Arab National Bank CEO quits post after 15 years

Company has recently incurred 45% plunge in net profits

ZAWYA - 23-Sep-2020

Mideast Stocks: Factors to watch on August 27

Asia shares take a breather, hope for flexible

Reuters News - 27-Aug-2020

Jordan's Arab Bank group H1 net profits drop 66%

Lower interest rates and weakening oil prices hurt revenues

Reuters News - 25-Jul-2020

Saudi's SASCO signs $66mln Islamic facility agreement with ANB

The facility includes long-term financing of $40mln and short-term financing of $26mln

ZAWYA - 29-Jun-2020

Saudi SASCO inks $66.66mln loan deal with ANB

The financing will help SASCO expand its scope of business

Mubasher - 29-Jun-2020

Higher provisions, operating expenses weigh on Saudi banks' profits

Asset quality has been slightly deteriorating evident by the increase in the stage 2 loans across most of the banks

ZAWYA - 10-Mar-2020

Saudi's Walaa Insurance completes merger with MetLife AIG ANB

Shares of MetLife AIG ANB have also been delisted

ZAWYA - 04-Mar-2020

Saudi's Fawaz Abudulaziz Alhokair secures $800mln Islamic finance

The new facility is composed of two tranches, including a $650mln Murabaha and a $150mln revolving standby credit facility

ZAWYA - 02-Mar-2020

Mideast Stocks: Gulf stocks retreat further as virus fears grow

Saudi Arabia's benchmark index was down 1.3% in early trade

Reuters News - 26-Feb-2020

ANB annual profits down 24% in 2019

The decline in profits is attributed to restating the net profit for 2018

Mubasher - 26-Feb-2020

Stocks	Last Price	% Change
Alawwal Bank	-	-
RIYAD BANK	18.900 SAR	0.00
BANQUE SA FRANSI	32.000 SAR	0.00
SABB	25.300 SAR	0.00
SAMBA FIN GROUP	27.000 SAR	0.00

Arab National Bank (1080.SE)

Saudi's Arab National Bank CEO quits post after 15 years

Mideast Stocks: Factors to watch on August 27

Jordan's Arab Bank group H1 net profits drop 66%

Saudi's SASCO signs $66mln Islamic facility agreement with ANB

Saudi SASCO inks $66.66mln loan deal with ANB

Higher provisions, operating expenses weigh on Saudi banks' profits

Saudi's Walaa Insurance completes merger with MetLife AIG ANB

Saudi's Fawaz Abudulaziz Alhokair secures $800mln Islamic finance

Mideast Stocks: Gulf stocks retreat further as virus fears grow

ANB annual profits down 24% in 2019

Company information provided by Refinitiv

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Thursday Outlook: Dollar continues to rise; Asian shares tumble

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