Saudi Arabia's Arab National Bank said second-quarter profit fell 1.1 per cent to 725 million riyals ($193.3 million). 

The bank's first-half net profit rose 1 per cent to 1.37 billion riyals, it said in a statement.

First-half earnings per share were 3.01 riyals, compared with 2.98 riyals in the year-earlier period, Arab National said.

Revenues in the six months to June 30 rose 5 per cent to 2.1 billion riyals, while operating costs climbed 14 per cent to 735 million riyals, it said.

Jordan's Arab Bank holds a 40 percent stake in Arab National.