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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

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