RIYADH: Arab National Bank (ANB) reported a net profit of $791 million for 2015 compared to $767 million in 2014.

ANB’s total operating income reached $1,563 million compared to $1,469 million for the same period last year, an increase of 6.4 percent.

By the end of 2015, assets reached $45.4 billion and investments reached $8.9 billion, while the loans portfolio reached $30.7 billion and customers’ deposits reached $36,2 billion.

Commenting on the Bank’s results, Robert Eid, MD & CEO, said: “The increase in the bank’s profits resulted principally from balanced growth in various business lines, and its conservative risk management culture.”