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.

BANKASSETSNET PROFIT($000)RANKCOUNTRY
Qatar National Bank147,968,9953,112,2981Qatar
National Commercial Bank119,824,1142,439,5812KSA
National Bank of Abu Dhabi110,689,8471,424,3993UAE
Emirates NBD110,688,8581,939,4964UAE
Al Rajhi Banking Corporation84,165,2391,901,3535KSA
National Bank of Kuwait77,751,595976,9976Kuwait
Samba Financial Group62,731,3811,390,4597KSA
Abu Dhabi Commercial Bank62,147,3191,341,4298UAE
First Gulf Bank61,937,4821,638,7769UAE
Riyad Bank59,550,9001,079,86110KSA
Kuwait Finance House54,453,556625,27111Kuwait
Saudi British Bank50,066,7791,154,81312KSA
Banque Saudi Fransi48,993,1421,076,38513KSA
Arab National Bank45,445,673788,39414KSA
Dubai Islamic Bank40,810,6461,045,26515UAE
Qatar Islamic Bank34,898,490557,78616Qatar
Ahli United Bank33,965,317566,61017Bahrain
Commercial Bank of Qatar33,906,883393,85318Qatar
Bank Muscat32,583,192455,71719Oman
Abu Dhabi Islamic Bank32,229,240526,54520UAE
Mashreq Bank31,352,348662,84821UAE
Saudi Hollandi Bank28,818,756539,31422KSA
Arab Banking Corporation28,195,000237,00023Bahrain
Union National Bank27,739,318507,50824UAE
Saudi Investment Bank24,968,992354,30925KSA
Al Baraka Bank Group24,618,201286,18626Bahrain
Gulf International Bank24,192,40090,40027Bahrain
Alinma Bank23,659,875391,99428KSA
Doha Bank22,887,119377,39329Qatar
Al Rayan22,809,341569,50530Qatar
Burgan Bank22,486,652289,74631Kuwait
Gulf Bank17,916,676128,50732Kuwait
Bank Al Jazira16,870,436343,23233KSA
Commercial Bank of Dubai15,753,849290,28834UAE
Al Khaliji Commercial Bank15,558,800171,84635Qatar
Bank Al Bilad13,658,776210,24636KSA
Commercial Bank of Kuwait13,307,024153,33537Kuwait
Al Ali Bank Kuwait12,655,41496,73538Kuwait
Barwa Bank12,418,027200,00540Qatar
Qatar International Islamic Bank11,137,375215,42639Qatar
RAKBANK11,040,853382,60841UAE
Boubyan Bank10,322,511115,93142Kuwait
Noor Bank10,744,478152,69043UAE
Bank of Bahrain Kuwait9,698,074141,99344Bahrain
Bank Dhofar9,332,617121,46745Oman
National Bank of Oman8,476,455156,11446Oman
National Bank of Fujairah8,176,737152,12647UAE
Ithmaar Bank8,138,641-46,39548Bahrain
Sharjah Islamic Bank8,135,773111,60549UAE
National Bank of Bahrain7,977,940146,97050Bahrain