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Arab National Bank reports a net profit of $ 417.9m in the first half

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The Arab National Bank (ANB) reported a net profit of $417.9 million for the first six months of 2016, compared to $428.2 million for the same period last year, a decrease of 2.4%.

Profits of Q2, 2016 reached $218.1 million compared to $222.7 million for the same period last year.

The total operating income of ANB  for H1, 2016 reached $805.7 million compared to $801.5 million for the same period last year, an increase of 0.5%.

Assets as of June 30, 2016 reached $44.4 billion, and investments reached $6.1 billion, while the loans portfolio reached $31.4 billion and customer deposits $34.4 billion.

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