Arab National Bank - Company Profile
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Arab National Bank (ANB) provides retail, wholesale and Islamic banking solutions. Adequate capital, product and service portfolio, and distribution network are some of its key strengths, even as decline in business performance of treasury could be a cause for concern. Short-term economic outlook in Saudi Arabia, strategic initiatives, growing market for payments channel in Saudi Arabia and the emergence of FinTech could provide new growth opportunities to the bank. However, risks related to online identity theft and hacking, market fluctuations, and emergence of neobanks could affect the bank’s business performance.
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