'Safest' banks in the Middle East

Arabian Business looks at the World's and Middle East's 'safest banks' for 2010, as ranked by the Global Finance magazine
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The Global Finance magazine has named the top 10 'Safest Banks in the Middle East' in an exclusive survey to be published in the October 2010 issue. Click on to find if your bank is one of the world's safest:

(Getty Images)
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10 Banque Saudi Fransi

(Saudi Arabia)

The 'World's 50 Safest Banks' 2010 were selected through a comparison of the long-term credit ratings and total assets of the 500 largest banks around the world.

(Ranking: www.gfmag.com/ Image: Bank website screen)
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9 Saudi British Bank

(Saudi Arabia)

Ratings from Moody's, Standard & Poor's and Fitch were used.

(Ranking: www.gfmag.com/ Image: Bank website screen)
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8 Kuwait Finance House

(Kuwait)

Global Finance has published its 'World's Safest Banks' listing for 19 years.

(Ranking: www.gfmag.com/ Image: Bank website screen)
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7 Al Rajhi Bank

(Saudi Arabia)

The banks ranked 1-10 will be presented awards at a special ceremony to be held during the Annual Meetings of the IMF and World Bank in Washington in October.

(Ranking: www.gfmag.com/ Image: Bank website screen)
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6 Riyad Bank

(Saudi Arabia)

Saudi Arabia topped the GCC as a country featuring six safest banks in the Middle East out of ten in the region.

(Ranking: www.gfmag.com/ Image: Bank website screen)
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4 Qatar National Bank

(Qatar)

(Ranking: www.gfmag.com/ Image: Bank website screen)
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5 National Commercial Bank

(Saudi Arabia)

(Ranking: www.gfmag.com/ Image: Bank website screen)
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3 Samba Financial Group

(Saudi Arabia)

(Ranking: www.gfmag.com/ Image: Bank website screen)
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2 National Bank of Abu Dhabi

(UAE)

(Ranking: www.gfmag.com/ Image: Bank website screen)
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1 National Bank of Kuwait

(Kuwait)

NBK was ranked as the Middle East's 'safest' bank and has been ranked 38 in the 'World’s 50 Safest Banks 2010' list.

Click on to see who made it to the top ten of the 'World's Safest Banks 2010' list:

(Ranking: www.gfmag.com/ Image: Bank website screen)
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France's Caisse des Depots et Consignations (CDC) was ranked as the world's safest bank.

(Ranking: www.gfmag.com/ Image: Bank website screen)
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2 Bank Nederlandse Gemeenten

(Netherlands)

(Ranking: www.gfmag.com/ Image: Bank website screen)
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3 Zuercher Kantonalbank

(Switzerland)

(Ranking: www.gfmag.com/ Image: Bank website screen)
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4 Landwirtschaftliche Rentenbank

(Germany)

(Ranking: www.gfmag.com/ Image: Bank website screen)
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5 Rabobank Group

(Netherlands)

(Ranking: www.gfmag.com/ Image: Bank website screen)
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6 Landeskreditbank Baden-Wuerttemberg - Foerderbank

(Germany)

(Ranking: www.gfmag.com/ Image: Bank website screen)
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7 Nederlandse Waterschapsbank

(Netherlands)

(Ranking: www.gfmag.com/ Image: Bank website screen)
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8 KfW

(Germany)

(Ranking: www.gfmag.com/ Image: Bank website screen)
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9 NRW.Bank

(Germany)

(Ranking: www.gfmag.com/ Image: Bank website screen)
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10 Royal Bank of Canada

(Canada)

(Ranking: www.gfmag.com/ Image: Bank website screen)
Wed 01 Sep 2010 01:42 PM GST