ANB announces net profit of $204.8m in Q1
CEO ANB Robert Eid
Jeddah - Arab Today
Arab National Bank has reported a net profit of $204.8 million for the first quarter of 2017 compared to $199.8 million for the same period last year — an increase of 2.5 percent. The bank’s total operating income for the first quarter of 2017 reached $394.8 million compared to $385.9 million for the same period last year — an increase of 2.3 percent.
Earnings per share for the first three months reached $0.21 compared to $0.20 for the same period last year. ANB assets on March 31 reached $44.9 billion against $44.4 billion for the same period last year representing an increase of 1.1 percent. Investments reached $6.7 billion compared to $6.3 billion for the same period last year, while the loans portfolio reached $30.9 billion and customer deposits reached $35.2 billion.
Robert Eid, managing director and CEO, 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
GMT 18:12 2016 Tuesday ,06 December
ANB wins Most Sustainable Bank 2016 awardGMT 14:53 2016 Thursday ,13 October
ANB reports $610m profit in first 9 monthsRussia 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 launc...Read More
GMT 12:47 2017 Wednesday ,20 December
Yemen's president pledges to continue fighting against coupists
GMT 20:45 2017 Sunday ,19 February
GCC chief hails Saudi security forces for dismantling suicide cells
GMT 15:15 2017 Monday ,27 February
Germany sees 10 anti-migrant attacks a day
GMT 01:58 2016 Tuesday ,29 November
206 migrant children reported missing in GermanyGMT 09:39 2012 Friday ,17 February
Adele moving to new home
GMT 09:21 2017 Tuesday ,28 February
Dying of hunger: What is a famine?
GMT 19:49 2017 Tuesday ,18 April
UNICEF Condemns Bus Convoy's Attack in Syria
GMT 06:58 2017 Thursday ,20 July
Singer Nawal Al Zoghbi could face lawsuit
GMT 13:49 2018 Tuesday ,11 December
Violence against women alarms more than 70% of Russians, indicates pollGMT 15:36 2012 Thursday ,20 December
Stocks start session offGMT 23:36 2011 Wednesday ,05 October
Cairo: October 6 victory celebrations
GMT 12:41 2018 Wednesday ,19 September
Roberto Firmino keeps his eye in to help LiverpoolGMT 21:53 2012 Thursday ,12 January
Dh12bn solar plant for Dubai
GMT 17:17 2016 Monday ,25 April
Air parades over Greater Cairo to celebrate Sinai Liberation Day
GMT 16:04 2016 Wednesday ,16 March
Confidence-Building Measures in Asia opens in Egypt with participation of 26 states
GMT 03:09 2017 Thursday ,12 January
Republicans face obstacles in attempt to scrap Obamacare
GMT 19:59 2016 Tuesday ,27 December
Dollar exchange rate stable at key 4 banks
GMT 21:15 2017 Monday ,08 May
Russia presents draft resolution on de-escalation zones in Syria to UNSCGMT 09:14 2012 Sunday ,19 August
Sofia Vergara in figure hugging dressGMT 12:11 2012 Thursday ,29 March
Vehicle museum in Cairo
GMT 02:08 2017 Wednesday ,05 July
Soon, Dubai will have clinics for your headaches
GMT 11:28 2013 Sunday ,29 September
8 universities shut due to mobility scheme dispute
GMT 21:43 2015 Saturday ,11 April
Hundreds mourn at funeral of black man killed by US cop
GMT 08:26 2013 Thursday ,26 December
Zhejiang university vice president under arrest
GMT 11:44 2015 Saturday ,21 February
Egg & tomato baps
GMT 17:09 2016 Tuesday ,18 October
UNICEF Calls for the Protection of Children during Mosul Operation
GMT 12:44 2013 Monday ,16 September
Militants attack NATO tankers in IslamabadGMT 14:29 2011 Thursday ,18 August
French pole-vault champion commits suicide
GMT 20:06 2016 Saturday ,29 October
Popular mobilization participates in military operation to liberate Mosul
GMT 16:32 2017 Sunday ,19 February
Iraq launches offensive on last IS stronghold
GMT 15:07 2014 Saturday ,30 August
Troops 'liberate' Islamist stronghold in Somalia offensive
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