Biggest Banks In The UAE
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Biggest Banks In The UAE

Biggest Banks In The UAE

Higher capitalisation and new profits in the UAE are threatened by the Eurozone and weak global growth.

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The UAE banking sector has made a gradual recovery from the global financial crisis, and more specifically, from domestic difficulties flowing from the sharp downturn and weakness in the real estate sector.

On the whole, UAE banks have generally come through the financial challenges challenges of the last couple of years. Their positions have been aided by stronger capital adequacy positions, particularly compared to most international markets.

Moreover, liquidity and funding issues have improved and leverage within balance sheets has fallen. However, funding on the wholesale side remains difficult and continues to be costly.

 

Top Banks by Assets

 

Top Banks by Profits

Data collected from stock market information and company annual reports for the full year of 2011.

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