Arab National Bank Company Description
Arab National Bank offers domestic and international banking services for primarily commercial but also growing retail segments of the Saudi Arabia market, including Shariah (Islamic) services. Its 168 branches and about 30 "ladies sections" provide savings and checking accounts, credit and ATM cards, loans, and investment services. Its Corporate Banking Group segment serves midsized and large Saudi businesses, while its treasury branch offers foreign exchange services, international stock trading, international bonds, and margin trading accounts. Arab National Bank also owns and operates one branch located in the UK. Arab Bank PLC (Jordan) owns a 40% stake in Arab National Bank, which was formed in 1979.
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The Company Description provides a historical perspective of Arab National Bank's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Arab National Bank's evolution in the marketplace.
