Profits of the second quarter of 2011 reached $185.9 million compared to $156.6 million for the same period last year, representing an increase of 18.7 percent.
ANB total operating income for the first six months of 2011 reached $605.9 million compared to $597.3 million for the same period last year, an increase of 1.4 percent.
Assets as of June 30, 2011 reached $29.0 billion, according to a statement.
It said investments reached $6.1 billion at the end of first six months of this year, while the loans portfolio and customer deposits reached $18.4 billion and $22.5 billion respectively.
The increase in profits for the first half of 2011 compared to the same period of 2010 came due to the increase in fees income and improvement of the loans portfolio.
ANB Chief Executive Officer Robert Eid said that such good results reflected the bank's continued focus on achieving sustainable growth alongside a conservative credit culture.
