Arab National Bank (ANB) reported a net profit of USD 632.3 million for 2012 compared to USD 579 million in 2011.

ANB total operating income reached USD 1,268.5 million compared to USD 1,211.1 million for the same period last year, an increase of 4.7% .

By the end of 2012, assets reached USD 36.4 billion and investments reached USD 6.5 billion, while the loans portfolio reached USD 23.0 billion and customers' deposits reached USD 28.7 .

Commenting on the Bank's results, Dr. Robert Eid, Managing Director and Chief Executive Officer said; "the increase in the Bank's profits resulted principally from balanced growth in various business lines, and its conservative risk management culture."

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