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Arab National Bank posts 2.2pc rise in Q3 profitArab National Bank, Saudi Arabia's seventh-largest lender by assets, reported a 2.2 percent rise in third-quarter profit on Tuesday, marginally missing analysts' forecasts. Net profit in the three months to September 30 wa More… |
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ANB set to sell $533m capital-boosting sukukArab National Bank (ANB) is close to completing a SR2 billion ($533.3 million) capital-boosting sukuk issue, sources familiar with the matter told Reuters on Tuesday. Order books have closed for the transaction, which will enhance More… |
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Arab National Bank wins approval for $533m sukukSaudi Arabia's Arab National Bank has received regulatory approval to raise SR2 billion ($533.28 million) through sukuk which will enhance its supplementary capital, it said in a statement on Wednesday. The kingdom's seven More… |
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ANB signs $692m finance deal with Huta Marine for Saudi portArab National Bank has signed a credit finance package worth SR2.6 billion ($692.8 million) with Huta Marine Works to finance the construction and development of the King Abdullah Port (KAP) project in Saudi Arabia. The bank is the mand More… |
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ANB sets up HP mission critical systemsRiyadh-based Arab National Bank (ANB) has installed the newest generation of HP Integrity Superdome 2 systems, which, when coupled with HP Mission Critical Partnership, ensure 24x7 service to the bank’s customers. “To More… |
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Arab National, Riyad Bank profits upTwo leading Saudi banks - Arab National Bank and Riyad Bank - reported impressive third-quarter profit figures on Tuesday. Arab National Bank said its net profit rose 10.3 percent due to higher More… |
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Saudi Hollandi, ANB make record Q4 loan provisionsSaudi Hollandi Bank and Arab National Bank (ANB) made the highest quarterly provisions in 2009 for credit losses during the fourth quarter, stock exchange data showed on Saturday. Saudi Hollandi, partly owned by Royal Bank of Scotland, boo More… |
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ANB’s net profit falls to $656mArab National Bank's (ANB) net profit dropped 1.7 per cent to $656 million in 2007 compared to $668 million year earlier. The bank’s earning per share reached $1.44 compared to $1.47 in 2006, ANB said in a statement. Total o More… |
