Arab National Bank provides various banking products and services. The company operates through Retail Banking, Corporate Banking, Treasury, and Investment and Brokerage Services segments. It offers current, savings, and Murabaha accounts, as well as time deposits; personal, car lease, and real estate financing, as well as consumer credit advisory services; credit lines and loans; credit facilities for foreign exchange and precious metals; letters of credit (LC) and letters of guarantee; margin trading lending; and credit and debit cards. The company also provides Islamic banking, cash management and professional, treasury and foreign exchange, wire transfer, and custody and safekeeping services. In addition, it offers credit related services, such as overdraft and current accounts, revolving short-term and medium/long term loans, discounted bills, bonding, documentary LC and acceptances, and bills of collection and payment; safe deposit lockers; and online and phone banking services. Further, the company provides various mutual funds; and margin and equity trading services, as well as private equity services. Additionally, it offers credit products, including project loans, contract financing facilities, bridge loans, working capital/trade loans, letters of credit and guarantees, and hedging facilities. The company is also involved in the asset management activities related to dealing, managing, arranging, and advising and custody of securities; leasing of heavy equipment; and purchasing, sale, and leasing of land and real estate, as well as offers investment management services. The company serves individuals, corporate and institutional customers, and small to medium sized businesses through its 131 branches in the Kingdom of Saudi Arabia and 1 branch in the United Kingdom. Arab National Bank was founded in 1979 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
anb established a branch in Jeddah in 1949. One of the founders is Prince Khalid, son of Prince Turki bin Abdulaziz. Early on, both the Governments of Saudi Arabia and Kuwait took on small stakes in anb of about 10 per cent each. Despite this and despite being pan-Arab in its orientation, anb was unable to escape the policy limiting foreign ownership. In 1980, it transferred its six branches to the newly created anb. Arab National had a service agreement with anb that expired in 1988 and was not renewed. anb owns 40 per cent of the bank and some 5000 Saudi shareholders own 60 per cent. In 2002, the Governments of Saudi Arabia and Kuwait own about eight per cent of anb between them. anb has opened a branch in London. Its largest shareholder(40%) is anb and Headquartered in Amman, Jordan.
Arab National Bank is committed to delivering world-class financial solutions, tailored to the needs of consumers, businesses and institutions, through continuous innovation and the development of quality, technology-driven products and services.
Our vision is to be the preferred banking partner in Saudi Arabia and beyond, through excellence in delivering services and solutions, while embracing innovation and technology.
Recently, ANB won ‘Abdullah bin Khalid Al-Khudairy Award’ for excellence in technology and earning ‘ Best Customer Service’ Award by all banks alliance in 2017. It also won the Best Bank Award at the Annual MoneyMonitor Awards 2019.
