TOP 30 BANKS 2022

Arab National Bank (ANB)

16. Arab National Bank (ANB)

Country : Saudi Arabia
CEO and Managing Director: Obaid A. Alrasheed
Market value: $12.1 billion
Revenues: $1.9 billion
Profits : $579 million
Assets: $51.3 billion

Established in 1979, ANB has more than two million customers and 216 premises across Saudi Arabia. It also has investment banking and insurance divisions, ANB Invest and ANB Insurance. In April 2022, the bank signed a $293.3 million agreement with the SME General Authority “Monsha’at” to support SMEs and entrepreneurs with financing and banking services.