REVEALED: Top 50 banks in the GCC

  • Share via facebook
  • Tweet this
  • Bookmark and Share

The Gulf’s 50 biggest banks have a combined market capitalisation of more than US$249bn, an investigation by Arabian Business found.

While the UAE has the highest number of lenders in the rankings, Saudi Arabia and Qatar dominate the top of the list, the findings confirmed.

REVEALED: Click here to see the top 50 banks in the GCC 

The UAE has 18 lenders in the top 50, with a combined market cap of US$46.7bn, or 18.7 percent of the total.

By comparison, Saudi Arabia, which tops the rankings, has just 11 lenders in the top 50 and its total market cap accounts for 34.4 percent of the total.

Similarly, the eight Qatari banks among the top 50 account for 20.1 percent of the top 50 banks’ total market cap.

Bahrain, seen as one of the main lending centres in the Gulf, saw just three lenders entering the top 50, while Kuwait had 11 and accounted for 20.09 percent of total market cap.

Completing the list, Oman saw four of its banks present on the list but only contributed 2.29 percent to total market cap.

REVEALED: Click here to see the top 50 banks in the GCC 

Related:
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

Please post responsibly. Commenter Rules

Posted by: Jezinho

Market capitalisation seems an odd way to compare the size of these banks given that a number of them are either wholly Govt owned or else only have a minority (illiquid) listing. Surely a comparison by either assets or, better still, Tier 1 capital would be more meaningful. And I doubt whether many readers can be bothered to scroll through all 50 pictures one by one. Why not just show the table?

Enter the words above: Enter the numbers you hear:

All comments are subject to approval before appearing

Further reading

Most Discussed
  • 14
    Nakheel PR: The toughest job in Dubai?

    To be fair, anyone who still decides to invest their capital with Nakheel with all the data and track record available, deserves whatever comes their way... more

    Sunday, 29 March 2015 9:05 AM - Paul King
  • 8
    Drunk passenger who slapped air stewardess jailed in Dubai

    the article clearly states that the person had been drinking before he got on the plane and ask for ice to drink on board some alcohol he had brought on... more

    Sunday, 29 March 2015 9:06 AM - SSS
  • 5
    Post traumatic stress?

    Yes good article.
    So much is wrong with the Central Post Office, but sadly nothing will ever change. more

    Wednesday, 25 March 2015 9:15 AM - whatnext
  • 14
    Nakheel PR: The toughest job in Dubai?

    To be fair, anyone who still decides to invest their capital with Nakheel with all the data and track record available, deserves whatever comes their way... more

    Sunday, 29 March 2015 9:05 AM - Paul King
  • 13
    Has Narendra Modi already lost the plot?

    Gaja, You said it in one sentence. Anil can't comment because Modi is an elected leader. He can't comment because India is the biggest democracy. While... more

    Saturday, 28 March 2015 10:24 AM - Rafi
  • 8
    Drunk passenger who slapped air stewardess jailed in Dubai

    the article clearly states that the person had been drinking before he got on the plane and ask for ice to drink on board some alcohol he had brought on... more

    Sunday, 29 March 2015 9:06 AM - SSS