arab national bank (anb) – 30 Most Valuable Banks 2024 – Forbes Lists – Forbes Middle East

arab national bank (anb) – 30 Most Valuable Banks 2024 – Forbes Lists – Forbes Middle East

anb operates 127 branches and 59 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, while its total assets recorded $58. 8 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.