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Top 50 banks in the GCC
Saudi-based Al Rajhi Bank – the world’s largest Islamic bank – tops the list with a market capitalisation of $29.593bn.
2 Qatar National Bank market cap: $25.575bn
3 National Bank of Kuwait market cap: $16.301bn
4 Samba Financial Group market cap: $11.061bn
5 Riyad Bank market cap: $9.578bn
6 SABB market cap: $8.851bn
7 National Bank of Abu Dhabi CEO Michael Tomalin – NBAD market cap: $8.711bn
8 Banque Saudi Fransi market cap: $8.218bn
9 Kuwait Finance Hous
10 First Gulf Bank market cap: $6.900bn
11 Arab National Bank market cap: $6.096bn
12 Masraf Al Rayan market cap: $5.526bn
13 Alinma Bank market cap: $5.299bn
14 Abu Dhabi Commercial Bank market cap: $5.179bn
15 Qatar Islamic Bank market cap: $4.954bn
16 Commercial Bank of Qatar market cap: $4.699bn
17 Emirates NBD market cap: $4.024bn
18 Gulf Bank Kuwait market cap: $3.955bn
19 Boubyan Bank market cap: $3.855bn
20 Commercial Bank of Kuwait market cap: $3.532bn
21 Ahli United Bank market cap: $3.413bn
22 Al Ahli Bank of Kuwait market cap: $3.199bn
23 Doha Bank CEO R Seetharaman – Doha Bank market cap: $3.125bn
24 Al Ahli United Bank (AUB) market cap: $3.009bn
25 Al Ahli United Bank market cap: $2.999bn
26 Mashreq CEO Abdul Aziz Al Ghurair – Mashreq market cap: $2.991bn
27 Saudi Hollandi Bank market cap: $2.825bn
28 BankMuscat market cap: $2.521bn
29 Burgan Bank market cap: $2.369bn
30 The Saudi Investment Bank market cap: $2.361bn
31 Bank Al Bilad market cap: $2.263bn
32 Qatar International Islamic Bank market cap: $2.033bn
33 Abu Dhabi Islamic Bank market cap: $2.015bn
34 Dubai Islamic Bank market cap: $1.964bn
35 Bank Al Jazira market cap: $1.952bn
36 Union National Bank market cap: $1.888bn
37 Al Ahli Bank QSC market cap: $1.846bn
38 Al Khalij Commercial Bank (Al Khaliji) market cap: $1.669bn
39 National Bank of Ras Al Khaimah market cap: $1.618bn
40 National Bank of Fujairah market cap: $1.587bn
41 Commercial Bank of Dubai market cap: $1.480bn
42 Arab Banking Corporation market cap: $1.431bn
43 National Bank of Bahrain market cap: $1.241bn
44 Bank Dhofar market cap: $1.167bn
45 BBK market cap: $898m
46 Kuwait International Bank market cap: $848m
47 United Arab Bank chairman Sheikh Faisal Bin Sultan Bin Salem Al Qassimi – United Arab Bank market cap: $841m
48 National Bank of Oman market cap: $797m
49 National Bank of Umm Al Quwain market cap: $788m
50 Emirates Islamic Bank market cap: $731m
