Arab National Bank’s net profit for the first quarter of this year rose to 770.6 million riyals, compared to 712.9 million riyals for the same period in 2014, representing an increase of 8.1%. Total operating profit reached 1,503.2 million riyals, compared to 1,308.8 million riyals for the same period last year, an increase of 14.9%.

According to the announced figures, earnings per share for the first three months were 0.77 riyals, compared to 0.71 riyals for the same period last year. Total assets amounted to 164.8 billion riyals, compared to 150.5 billion riyals for the same period last year, representing an increase of 9.5%, while total investments amounted to 33.6 billion riyals.