Arab National Bank Announces Resignation of Robert Maroun Eid as CEO, Effective February 2, 2021

Arab National Bank SJSC is a Saudi Areabia-based bank, which is primarily engaged in banking services. The Company is organized into following segments: Retail banking, which includes deposit, credit and investment products for individuals; Corporate banking, which provides loans and advances, deposits and other credit products for corporate and institutional customers, small to medium sized businesses; Treasury that manages the Bank’s trading and investment portfolios and the Bank’s funding, liquidity, currency and commission rate risks; Investment and brokerage services that provides investment management services, asset management activities related to dealing, managing, arranging, advising and custody of securities; and Other segment that Includes income on capital and unallocated costs and assets and liabilities of Head Office and other supporting departments. The Company also provides non-commission based banking products which are approved and supervised by an independent S