Arab National Bank (1080) Investor presentation summary

Market position and business overview

• Holds a leading position in Saudi banking, with over 45 years of experience and a strong presence across all major economic sectors.

• Operates 121 branches, 1,156 ATMs, and serves over 2 million customers.

• Maintains robust capitalization with a CET1 ratio of 17.4% and investment-grade credit ratings from Moody's, S&P, and Fitch.

• 40% owned by Arab Bank PLC, with a selective international footprint including London.

Financial performance and growth

• Total assets reached SAR 241.0 bln, up 10.4% YoY; customer deposits rose 17.3% YoY to SAR 180.8 bln.

• Net income for 3Q24 was SAR 1.243 bln (up 15.5% YoY), with YTD net income at SAR 3.710 bln (up 18.5% YoY).

• Operating income for 3Q24 was SAR 2.4 bln (up 9.4% YoY), with YTD at SAR 7.1 bln (up 9.0% YoY).

• ROAE stood at 13.84%, and cost-to-income ratio was 31.98%.

Strategic direction and digital transformation

• Pursues a five-year strategy to be a top bank in KSA, focusing on digital leadership, customer experience, and diversified revenue streams.

• Launched a new digital strategy, including hyper-personalized retail apps, AI-powered relationship management, and fintech partnerships.

• Digital banking saw 32% YoY growth in new customer acquisition and 12% growth in digital transactions.

• Introduced digital products such as motor insurance, gold wallet, and robo-advisory platforms.