Arab National Bank (1080) Investor presentation summary

Market position and business overview

• Holds a leading position in Saudi banking, with 44 years of experience and a strong tech-driven approach.

• Operates 123 branches, 1,176 ATMs, and serves over 2 million customers.

• Maintains a well-diversified business model across retail, corporate, treasury, and investment segments.

• Market capitalization exceeds SAR 39.1 billion, with robust credit ratings from Moody's, S&P, and Fitch.

• 40% owned by Arab Bank PLC, with a 14.4% share of foreign ownership.

Financial performance and key metrics

• Total assets reached SAR 234.8 billion, up 8.7% YoY; customer deposits rose 10.9% YoY to SAR 175.6 billion.

• Net income for Q2 2024 was SAR 1.231 billion (up 24.7% YoY); YTD net income SAR 2.467 billion (up 20.1% YoY).

• Operating income for Q2 2024 was SAR 2.3 billion (up 11.8% YoY); YTD SAR 4.6 billion (up 8.8% YoY).

• ROAE at 13.85%, cost to income at 31.58%, and CET1 ratio at 17.3%.

• Loan portfolio grew 8.6% YoY, with strong growth in both corporate and retail segments.

Strategic direction and digital transformation

• Five-year strategy targets top market position, digital leadership, and diversified revenue streams.

• Focus on hyper-personalized digital banking, fintech partnerships, and advanced analytics.

• Digital banking achievements include 105% YoY growth in retail deposits and 34% increase in new customer acquisition.

• Launched robo advisory, digital gold wallet, and fully digitalized personal loan applications.

• Ongoing initiatives to optimize branch network, enhance affluent offerings, and expand SME ecosystem.