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Arab Bank reports 1.42B riyals Q2 earnings
The Arab National Bank achieved a net profit of 1.42 billion SAR in the second quarter of 2026, representing a 6.51% increase compared to the same period last year and a 4.71% rise quarter-over-quarter. This growth is attributed to higher gains from listed financial instruments, the sale of investments, profits from currency exchange, as well as improved revenues from other operations, despite a decline in credit loss provisions and profit distributions. Additionally, the bank recorded a 5.4% increase in profits for the first half of the year, reaching 2.78 billion SAR, driven by an expansion in its loan and investment portfolios.
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