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 |