Arab National Bank (1080.SR)

Overall impact
B (63)

Commentary

Arab National Bank is a strong overall performer. With a 'B' rating of 62.6 for overall impact (68th percentile compared to all companies), Arab National Bank ranks 88th out of 180 industry peers, behind Bancolombia, Banco Santander Chile, Itau Unibanco and 84 others, and ahead of Popular, Macro Bank, Grupo Aval Acciones Y Valores and 89 others. On top material causes for Arab National Bank's industry (Banking), Arab National Bank performs well in Improved Mental Health (80.6 score). Arab National Bank did not receive a 'D' or 'F' rating on any cause.
Impact
Cause 1080.SR
Peer rank
Overall impact

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Impact trend

Change in rating for overall impact

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Company

Arab National Bank

Employees
4,404
Sector
Financials
Industry
Banks
Sub-industry
Diversified Banks
SASB industry
Commercial Banks
Headquarters
Saudi Arabia
Share classes
1080.SR
Description
Arab National Bank provides various banking products and services in the Kingdom of Saudi Arabia, Other GCC and the Middle East, Europe, North America, Latin America, Southeast Asia, and internationally. It operates through Retail Banking, Corporate Banking, Treasury, and Investment and Brokerage Services segments. The company offers savings, Murabaha, and SME accounts; time deposits; personal, auto lease, and real estate loans; credit and debit cards; digital wallets; and investment products for individuals. It also provides loans and advances, deposits, and other credit products for corporate and institutional customers, and small and medium sized businesses; and investment management services, as well as asset management services related to dealing, managing, arranging, advising, and custody of securities. In addition, the company offers corporate and commercial banking, project and structured finance, and vision realization solutions; e-trader solutions; treasury services, such as market related products and services, international instruments, investments, government bonds and sukuk, and e-trader solutions; and transaction banking solutions comprising corporate online access, merchant solutions, collections solutions, liquidity management solutions, specialized market solutions, fintech and open banking solutions, financial solutions, guaranteed bonds, and collection documentary bills. Further, it engages in leasing of heavy equipment; and investment, purchasing, sale, and leasing of land and real estate properties. Arab National Bank was founded in 1979 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
Material causes
Ethos considers the following causes material for Arab National Bank, based on its industry sub-industry Diversified Banks. Learn more about material causes in our methodology overview.

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