Arab National Bank (ANB) reported a net profit of USD 791 million for 2015 compared to USD 767 million in 2014.

ANB total operating income reached USD 1,563 million compared to USD 1,469 million for the same period last year, an increase of 6.4%.

By the end of 2015, assets reached USD 45,4 billion and investments reached USD 8,9 billion, while the loans portfolio reached USD 30,7 billion and customers' deposits reached USD 36,2 billion.

Commenting on the Bank's results, Dr. Robert Eid, Managing Director and Chief Executive Officer said; 'the increase in the Bank's profits resulted principally from balanced growth in various business lines, and its conservative risk management culture.'

ANB - Arab National Bank issued this content on 2016-01-20 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-24 09:36:08 UTC

Original Document: http://www.anb.com.sa/press_article.asp?id=169