ANB reports $417.9m net profit in first half

Arab National Bank (ANB) reported a net profit of $417.9 million for the first six months of 2016, compared to $428.2 million for the same period last year, a decrease of 2.4 percent.
Profits of Q2, 2016 reached $218.1 million compared to $222.7 million for the same period last year.
ANB total operating income for H1, 2016 reached $805.7 million compared to $801.5 million for the same period last year, an increase of 0.5 percent.
Assets as of June 30, 2016 reached $44.4 billion, and investments reached $6.1 billion, while the loans portfolio reached $31.4 billion and customer deposits $34.4 billion.

Source ; Arab News