ANB announces $638m net profit
Jeddah - Arab News
Arab National Bank (ANB) has reported a net profit of $638 million for the first nine months of 2017, compared to $610 million for the same period last year, an increase of 4.5 percent.
Profits of the third quarter of 2017 reached $206.8 million compared to $192.4 million for the same period last year, representing an increase of 7.5 percent.
ANB total operating income for the first nine months of 2017 reached $1,278 million compared to $1,189 million for the same period last year, an increase of 7.5 percent. Assets as of Sept. 30 reached $43.6 billion, and investments reached $6.9 billion, while the loans portfolio reached $30.9 billion and customers’ deposits reached $34.3 billion.
Robert Eid, managing director and chief executive, said: “The increase in the bank’s profits resulted principally from balanced growth in various business lines, and its conservative risk management culture.”
Source: Arab News
- Friday ,07 October GMT 14:50 2016 ANB showcases commitment to Saudi municipal and infrastructure development
GMT 14:50 2016 Friday ,07 October
ANB showcases commitment to Saudi municipal and infrastructure developmentGMT 15:38 2016 Friday ,22 July
ANB reports $417.9m net profit in first half
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 10:37 2017 Saturday ,29 April
Sudan works to build balanced relations with countries of the world
GMT 15:02 2017 Monday ,10 April
Two female bombers killed in abortive Nigeria attacks
GMT 01:16 2017 Wednesday ,08 November
Johnson accused of jeopardising case of Briton
GMT 20:35 2017 Thursday ,09 February
Turkish Ambassador meets heads of Lebanese, Turkish associations over bilateral relations
GMT 11:25 2017 Saturday ,11 March
London house prices fall even as overall UK values stabilise
GMT 06:17 2018 Friday ,05 October
Russian military has no plans to scrap traditional ushanka hat
GMT 20:42 2017 Sunday ,05 February
Sharm el Sheikh to host ICTH Wednesday to revive tourism
GMT 08:02 2017 Saturday ,18 February
Two on-duty Emirati soliders die
GMT 17:32 2017 Monday ,11 December
China looks to nuclear option to ease winter heating woes
GMT 20:53 2017 Friday ,11 August
GCC Chief chairs meeting
GMT 16:42 2017 Tuesday ,16 May
Bangladesh upholds life sentence for Jamaat leader
GMT 13:11 2017 Wednesday ,12 April
Hamadej receives Khazen, Turkish Ambassador
GMT 02:48 2017 Thursday ,16 November
Russian MPs back law targeting foreign media
GMT 16:47 2017 Saturday ,09 September
Nasser Bourita Meets with US Secretary of State in Washington, DC
GMT 10:04 2017 Wednesday ,26 April
Japan's Prime Minister Meets UAE Foreign Minister
GMT 14:26 2017 Friday ,01 December
Ever-volatile bitcoin is embraced by Wall Street
GMT 10:38 2017 Friday ,01 December
Nine dead in Taliban attack on Pakistan school
GMT 14:43 2017 Sunday ,21 May
ISIS extremists clashed with Syrian Democratic Forces in Syria’s Aleppo
GMT 04:57 2017 Monday ,03 April
Is extending OPEC cuts a done deal?
GMT 10:56 2017 Saturday ,25 February
Bees can learn to roll a ball for food
GMT 11:54 2016 Wednesday ,05 October
Controversial Indonesian tax amnesty proves divisive
GMT 12:01 2017 Friday ,25 August
Saudi Crown Prince reviews Haj security forces
GMT 14:48 2017 Thursday ,16 March
EU ‘will not be intimidated by threats’ on Brexit
GMT 06:39 2017 Monday ,30 October
Saudi Airlines to operate Baghdad flight
GMT 18:06 2017 Tuesday ,24 October
Writer praises Hamas’ position
GMT 12:00 2017 Thursday ,16 February
Classic spaghetti
GMT 23:35 2017 Thursday ,23 November
Performance of DRAP improved in line with WHO report: Saira Afzal
GMT 23:32 2016 Sunday ,13 November
Mohammed Hamad Al Badi named President of Federal Supreme Court
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor