Top 50 GCC Banks 2016 | Gulf Business
Home lists

Top 50 GCC Banks 2016

The GCC’s banking sector showed its resilience in 2015, growing its bottom line despite a number of big challenges. Sustained oil price weakness dampened business confidence and investor sentiment, but the region’s banks still recorded growth in assets, capital and net profit – albeit at reduced rates compared to 2014. This year will remain testing…

The GCC’s banking sector showed its resilience in 2015, growing its bottom line despite a number of big challenges. Sustained oil price weakness dampened business confidence and investor sentiment, but the region’s banks still recorded growth in assets, capital and net profit – albeit at reduced rates compared to 2014.

This year will remain testing but strong forecasts and continued expansion in the non-oil sector are expected to boost performance.

BANK ASSETS NET PROFIT($000) RANK COUNTRY
Qatar National Bank 147,968,995 3,112,298 1 Qatar
National Commercial Bank 119,824,114 2,439,581 2 KSA
National Bank of Abu Dhabi 110,689,847 1,424,399 3 UAE
Emirates NBD 110,688,858 1,939,496 4 UAE
Al Rajhi Banking Corporation 84,165,239 1,901,353 5 KSA
National Bank of Kuwait 77,751,595 976,997 6 Kuwait
Samba Financial Group 62,731,381 1,390,459 7 KSA
Abu Dhabi Commercial Bank 62,147,319 1,341,429 8 UAE
First Gulf Bank 61,937,482 1,638,776 9 UAE
Riyad Bank 59,550,900 1,079,861 10 KSA
Kuwait Finance House 54,453,556 625,271 11 Kuwait
Saudi British Bank 50,066,779 1,154,813 12 KSA
Banque Saudi Fransi 48,993,142 1,076,385 13 KSA
Arab National Bank 45,445,673 788,394 14 KSA
Dubai Islamic Bank 40,810,646 1,045,265 15 UAE
Qatar Islamic Bank 34,898,490 557,786 16 Qatar
Ahli United Bank 33,965,317 566,610 17 Bahrain
Commercial Bank of Qatar 33,906,883 393,853 18 Qatar
Bank Muscat 32,583,192 455,717 19 Oman
Abu Dhabi Islamic Bank 32,229,240 526,545 20 UAE
Mashreq Bank 31,352,348 662,848 21 UAE
Saudi Hollandi Bank 28,818,756 539,314 22 KSA
Arab Banking Corporation 28,195,000 237,000 23 Bahrain
Union National Bank 27,739,318 507,508 24 UAE
Saudi Investment Bank 24,968,992 354,309 25 KSA
Al Baraka Bank Group 24,618,201 286,186 26 Bahrain
Gulf International Bank 24,192,400 90,400 27 Bahrain
Alinma Bank 23,659,875 391,994 28 KSA
Doha Bank 22,887,119 377,393 29 Qatar
Al Rayan 22,809,341 569,505 30 Qatar
Burgan Bank 22,486,652 289,746 31 Kuwait
Gulf Bank 17,916,676 128,507 32 Kuwait
Bank Al Jazira 16,870,436 343,232 33 KSA
Commercial Bank of Dubai 15,753,849 290,288 34 UAE
Al Khaliji Commercial Bank 15,558,800 171,846 35 Qatar
Bank Al Bilad 13,658,776 210,246 36 KSA
Commercial Bank of Kuwait 13,307,024 153,335 37 Kuwait
Al Ali Bank Kuwait 12,655,414 96,735 38 Kuwait
Barwa Bank 12,418,027 200,005 40 Qatar
Qatar International Islamic Bank 11,137,375 215,426 39 Qatar
RAKBANK 11,040,853 382,608 41 UAE
Boubyan Bank 10,322,511 115,931 42 Kuwait
Noor Bank 10,744,478 152,690 43 UAE
Bank of Bahrain Kuwait 9,698,074 141,993 44 Bahrain
Bank Dhofar 9,332,617 121,467 45 Oman
National Bank of Oman 8,476,455 156,114 46 Oman
National Bank of Fujairah 8,176,737 152,126 47 UAE
Ithmaar Bank 8,138,641 -46,395 48 Bahrain
Sharjah Islamic Bank 8,135,773 111,605 49 UAE
National Bank of Bahrain 7,977,940 146,970 50 Bahrain

© 2021 MOTIVATE MEDIA GROUP. ALL RIGHTS RESERVED.

Scroll To Top