Riyadh – Mubasher: The net earnings of Arab National Bank (ANB) slid by 31.5% on an annual basis during the year ended on 31 December 2020.
Profits of the Saudi bank netted SAR 2.07 billion in 2020, compared with SAR 3.02 billion in 2019, according to a bourse statement on Thursday.
Net income from special commissions/financing & investments dropped by 12.3% annually last year to SAR 4.9 billion whilst the bank’s assets were down by 1.7% yearly to SAR 180.4 billion.
