26. arab national bank (anb)

Country: Saudi Arabia
Sector: Banks & Financial Services
Managing Director and CEO: Obaid Alrasheed
Market Value: $11.4 billion
Sales: $4 billion
Profits: $1.1 billion
Assets: $58.8 billion

anb operates 125 branches and 57 remittance centers in Saudi Arabia and one branch in the U.K. The bank’s net profit grew by 32.9% in 2023, to $1.1 billion. In May 2023, the bank announced its participation in the establishment of the Arab Bank of Iraq, with $38.2 million in investments, representing 20% of the new bank’s capital. anb has facilitated a total home loan worth $426.7 million to over 3,000 customers in 2023 through a partnership with the Real Estate Development Fund. The Jordan-based Arab Bank owns a 40% stake in anb.