Arab National Bank (1080.SR)

20.26 +0.44 (+2.22%) At close: 03:11PM AST

Arab National Bank

PO Box 56921
Riyadh 11564
Saudi Arabia
966 11 402 9000
https://www.anb.com.sa

Sector(s): Financial Services
Industry: Banks - Regional
Full-time employees: 4,206

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Obaid Abdullah Obaid Al-Rasheed	MD, CEO & Executive Director	495k	N/A	N/A
Saad AlDugish	Chief Financial Officer	N/A	N/A	N/A
Mr. Aiedh M. Al Zahrani	Chief Operating Officer	N/A	N/A	N/A
Naif E. Al-Harbi	Chief Information Officer	N/A	N/A	N/A
Waleed M Alkhulayfi	Chief Compliance Officer	N/A	N/A	N/A
Bader S. Alboqami	Head of Marketing & Customer Experience	N/A	N/A	N/A
Bader N. Al-Otaibi	Head of Human Resources Group	N/A	N/A	N/A
Mr. Kamal A. Khodr	Head of Risk Management & Chief Risk Officer	N/A	N/A	N/A
Mr. Louai A. Al-Zaher	Head of Wholesale Banking Group	N/A	N/A	N/A
Khaled A. Alrashed	Head of Retail Banking	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SAR.

Description

Arab National Bank provides various banking products and services in the Kingdom of Saudi Arabia and the United Kingdom. It operates through Retail Banking, Corporate Banking, Treasury, and Investment and Brokerage Services segments. The company offers savings and Murabaha accounts, as well as time deposits; personal loan, auto lease, and real estate financing, as well as consumer credit advisory services; loans and advances; credit facilities; letters of credit and letters of guarantee; and credit and debit cards. It also provides investment products for individuals; investment and asset management comprising dealing, managing, arranging, advising, and custody of securities; contract financing; and syndicated corporate loans. In addition, the company offers wholesale and commercial banking, credit financing, and small and medium enterprises financing, project and structured finance, e-trading, treasury, international instruments, bonds and SUKUKS, merchant, collection, liquidity management, specialized market, fintech and open banking, internet banking, guarantees, inward and outward bills, phone banking, and ATM, as well as agency services. Further, the company engages in leasing of heavy equipment; and purchasing, sale, and leasing of land and real estate services. It serves individuals, corporate and institutional customers, and small to medium sized businesses through its branches. Arab National Bank was founded in 1979 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Corporate governance

Arab National Bank’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.