The Capital Market Authority announces the issuance of a CMA Board resolution to impose two penalties with a total of SR 110,000 (One Hundred and Ten Thousand Saudi Riyals) on the Arab National Bank due to its violation of sub-clause (3) of clause (B) of clause (1) of the Instructions for Companies’ Announcements Related to General Assemblies from the Instructions for the Announcements of Listed Companies in the Saudi Stock Exchange and clause (B) of Article (40) of the Listing Rules. The bank did not mention the profits maturity date in its announcement published on Tadawul’s website on 18/02/2014. It was also late to inform the public about the results of the extraordinary general assembly’s meeting. It was announced only less than two hours before the market opens on 18/03/2014.