Arab National Bank was established in 1979, by Royal Decree M/38, taking over the existing operations of Arab Bank in the Kingdom of Saudi Arabia. ANB, a Saudi Listed Joint Stock Company, now ranks amongst the 10-15 largest banks in the Middle East. Headquartered in the capital city of Riyadh, the Bank is supported by Regional Offices in Jeddah and Khobar, and has a branch in London. Over the past 33 years, ANB has been committed to live up to its brand promise of being ñA Friend Indeedî. ANB Group offers comprehensive commercial and investment banking services, in addition to specialized services in the fields of heavy equipment leasing and home finance. ANB is a universal commercial bank catering for the diverse needs of its Corporate and Retail clients. To service a large and varied customer base which exceeds 2 million, the Bank has an extensive distribution network, with 294 premises spanning over the Kingdom. These include upwards of 194 branches (of which 45 are LadiesÍ Branches/ Sections) 93 remittance centers (TeleMoney) and 7 sales centers. Complementing the traditional distribution points, ANB has above 1000 ATMs, around 10,000 point-of-sale terminals, an award-winning customer contact center and a technologically advanced, yet customer-friendly, online banking service. ANB Invest, a wholly-owned subsidiary of ANB, is the investment banking arm of the Group. It provides advisory services in addition to brokerage and asset management. Al-Arabi Heavy Equipment Leasing (AHEL), a 62.5%-owned subsidiary, specializes in lease-financing for heavy equipment. Saudi Home Loans (SHL), a 40%-owned affiliate in partnership with the International Finance Corporation (IFC) and Dar Al-Arkan, caters for the growing needs of home finance. An insurance company is currently under formation, with ANB, MetLife Alico and Chartis (AIG) as joint-venture partners.