ANB announces net profit of $204.8m in Q1
CEO ANB Robert Eid
Jeddah - Arab Today
Arab National Bank has reported a net profit of $204.8 million for the first quarter of 2017 compared to $199.8 million for the same period last year — an increase of 2.5 percent. The bank’s total operating income for the first quarter of 2017 reached $394.8 million compared to $385.9 million for the same period last year — an increase of 2.3 percent.
Earnings per share for the first three months reached $0.21 compared to $0.20 for the same period last year. ANB assets on March 31 reached $44.9 billion against $44.4 billion for the same period last year representing an increase of 1.1 percent. Investments reached $6.7 billion compared to $6.3 billion for the same period last year, while the loans portfolio reached $30.9 billion and customer deposits reached $35.2 billion.
Robert Eid, managing director and CEO, said: “The increase in the bank’s profits resulted principally from balanced growth in various business lines, and its conservative risk management culture.”
Source: Arab News
GMT 18:12 2016 Tuesday ,06 December
ANB wins Most Sustainable Bank 2016 awardGMT 14:53 2016 Thursday ,13 October
ANB reports $610m profit in first 9 months
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 15:21 2018 Friday ,14 December
Al-Jaafari calls for stopping the politicization of humanitarian affair in Syria
GMT 08:57 2017 Thursday ,20 April
Hamadeh wonders why cabinet abstain from holding sessions
GMT 03:27 2017 Friday ,08 September
July24th-August23rd
GMT 07:00 2017 Saturday ,18 March
Bouteflika Appointed Africa’s Coordinator in Fight
GMT 00:17 2018 Wednesday ,24 January
King Salman receives Iraqi Acting Minister
GMT 08:59 2018 Wednesday ,17 January
Sanchez Man Utd transfer 'hingesGMT 18:11 2012 Thursday ,19 April
Snake
GMT 05:02 2017 Tuesday ,11 July
Egypt’s inflation rises again; expected to keep going up
GMT 20:21 2017 Wednesday ,31 May
Moscow: Russian warship, sub fire cruise missiles at IS in Syria
GMT 09:54 2017 Saturday ,30 September
Ivory Coast produces record cocoa crop
GMT 08:57 2017 Wednesday ,29 March
Bahrain to boost parliamentary cooperation with Indonesia
GMT 11:59 2015 Sunday ,27 September
Berlin winner Kipchoge shoes in but misses record
GMT 08:09 2017 Friday ,18 August
Australian Senator Condemned for Wearing Burqa in Australian Senate
GMT 22:45 2017 Monday ,20 February
Farm in Jebel Ali breeds European species for UAE fish lovers
GMT 12:56 2017 Friday ,20 October
Facebook joins effort to boost newspaper subscriptions
GMT 19:55 2017 Tuesday ,15 August
Hundreds join silent London march for fire victims
GMT 10:01 2017 Tuesday ,07 March
From piracy to an out-dated star system, why Bollywood is in crisis
GMT 13:56 2017 Friday ,03 November
HM King thanked by Chinese President
GMT 01:03 2017 Saturday ,25 November
Bakri Informed on Preparations pf Water Resources Ministry for Summer Season
GMT 10:41 2018 Tuesday ,27 November
Newcastle beat Burnley 2-1 for third straight Premier League win
GMT 22:43 2018 Thursday ,11 October
Moroccan king meets Saudi Interior minister
GMT 05:06 2017 Saturday ,19 August
Violent clashes continue in Damascus countryside
GMT 13:42 2018 Sunday ,07 January
Ibrahim, Zasypkin discuss overall situation
GMT 04:50 2016 Tuesday ,06 September
Nigerian police hunt for kidnappers of oil workers
GMT 11:38 2017 Wednesday ,27 December
Bali safe for tourists
GMT 08:06 2017 Thursday ,21 December
YouTube seals deal with top music label amid streaming moves
GMT 23:44 2017 Sunday ,17 December
Saud bin Saqr attends golden jubilee celebrations of RAK Chamber
GMT 13:15 2016 Thursday ,22 September
Ultra rocks Asia with a radio-friendly groove
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor