lists Top 50 GCC Banks 2014
The GCC banking sector continued to make progress in 2013 with double-digit profit growth maintained. Although some challenges remain, GCC banks are in relatively good condition with positive capitalisation, adequate profitability and comfortable liquidity. Going ahead, a further steady increase in both assets and net profits is expected, with banking activities in the region boosted…
The GCC banking sector continued to make progress in 2013 with double-digit profit growth maintained. Although some challenges remain, GCC banks are in relatively good condition with positive capitalisation, adequate profitability and comfortable liquidity.
Going ahead, a further steady increase in both assets and net profits is expected, with banking activities in the region boosted by further economic growth, rising personal incomes, and continued infrastructure investment. Large infrastructure investments that are planned from Abu Dhabi to Saudi and Qatar will help maintain growth in the region. Foreign direct investment will rise and non-oil activity is also expected to increase.
| BANK | ASSETS | NET PROFIT($000) | RANK | COUNTRY |
|---|---|---|---|---|
| Qatar National Bank | 121,836,843 | 2,620,126 | 1 | Qatar |
| National Commercial Bank | 100,608,089 | 2,130,394 | 2 | KSA |
| Emirates NBD | 93,128,580 | 886,568 | 3 | UAE |
| National Bank of Abu Dhabi | 88,500,315 | 1,288,626 | 4 | UAE |
| Al Rajhi Banking Corporation | 74,632,183 | 1,983,463 | 5 | KSA |
| National Bank of Kuwait | 66,000,755 | 892,501 | 6 | Kuwait |
| Kuwait Finance House | 57,129,240 | 411,260 | 7 | Kuwait |
| Riyad Bank | 54,732,394 | 1,052,561 | 8 | KSA |
| Samba Financial Group | 54,676,434 | 1,202,681 | 9 | KSA |
| First Gulf Bank | 53,098,930 | 1,307,370 | 10 | UAE |
| Abu Dhabi Commercial Bank | 49,861,839 | 985,473 | 11 | UAE |
| Saudi British Bank | 47,280,587 | 1,006,349 | 12 | KSA |
| Banque Saudi Fransi | 45,348,446 | 641,487 | 13 | KSA |
| Arab National Bank | 36,782,780 | 672,665 | 14 | KSA |
| Ahli United Bank | 32,651,893 | 624,243 | 15 | Bahrain |
| Commercial Bank of Qatar | 31,074,688 | 441,038 | 16 | Qatar |
| Dubai Islamic Bank | 30,843,571 | 467,745 | 17 | UAE |
| Abu Dhabi Islamic Bank | 28,086,166 | 394,840 | 18 | UAE |
| Arab Banking Corporation | 26,545,000 | 297,000 | 19 | Bahrain |
| Burgan Bank | 25,387,918 | 113,779 | 20 | Kuwait |
| Mashreq Bank | 24,409,179 | 512,350 | 21 | UAE |
| Union National Bank | 23,835,029 | 475,793 | 22 | UAE |
| Bank Muscat | 22,042,705 | 395,302 | 23 | Oman |
| Saudi Investment Bank | 21,465,443 | 343,156 | 24 | KSA |
| Saudi Hollandi Bank | 21,458,203 | 400,428 | 25 | KSA |
| Qatar Islamic Bank | 21,251,166 | 364,177 | 26 | Qatar |
| Gulf International Bank | 21,156,900 | 121,500 | 27 | Bahrain |
| Al Baraka Bank Group | 20,967,559 | 257,779 | 28 | Bahrain |
| Doha Bank | 18,398,303 | 360,619 | 29 | Qatar |
| Al Rayan | 18,282,318 | 477,765 | 30 | Qatar |
| Gulf Bank | 17,971,791 | 114,117 | 31 | Kuwait |
| Alinma Bank | 16,800,329 | 267,935 | 32 | KSA |
| Bank Al Jazira | 15,993,709 | 173,503 | 33 | KSA |
| Commercial Bank of Kuwait | 13,838,760 | 83,387 | 34 | Kuwait |
| Commercial Bank of Dubai | 12,108,955 | 275,044 | 35 | UAE |
| Al Khaliji Commercial Bank | 11,334,830 | 151,350 | 36 | Qatar |
| Al Ahli Bank Kuwait | 11,319,396 | 125,613 | 37 | Kuwait |
| Bank Albilad | 9,686,215 | 194,445 | 38 | KSA |
| Qatar International Islamic Bank | 9,450,549 | 206,044 | 39 | Qatar |
| Bank of Bahrain and Kuwait | 8,592,274 | 120,392 | 40 | Bahrain |
| RAKBANK | 8,202,224 | 389,550 | 41 | UAE |
| Barwa Bank | 7,871,984 | 122,924 | 42 | Qatar |
| Boubyan Bank | 7,778,043 | 45,136 | 43 | Kuwait |
| National Bank of Oman | 7,522,964 | 107,473 | 44 | Oman |
| Ithmaar Bank | 7,422,896 | -79,538 | 45 | Bahrain |
| National Bank of Bahrain | 7,311,760 | 136,600 | 46 | Bahrain |
| Bank of Sharjah | 6,799,074 | 96,107 | 47 | UAE |
| Bank Dhofar | 6,767,211 | 151,706 | 48 | Oman |
| Sharjah Islamic Bank | 5,916,662 | 83,601 | 49 | UAE |
| United Arab Bank | 5,867,072 | 150,416 | 50 | UAE |