Largest Banks in the Middle East

Posted on: February 12, 2022

The biggest banks in the middle east at 2022 / largest bank in middle east / top banks in middle east

A ranking of the 100 largest banks in the Middle East gathers data from 22 countries and represents a total of $2.85 trillion in combined assets and $98.1 billion in net income. Only banks whose financial data was available in financial year 2019 were included in the ranking. The list combines regular banks that operate according to universal practice and Islamic banks that operate in accordance with Sharia laws governing interest on loans and deposits for Muslim customers.

The largest bank in the Middle East is Qatar National Bank, with total assets of nearly 2.6 trillion dollars. In the ranking of the 10 top banks in the Middle East, Saudi Arabia has the largest number, with four out of ten. United Arab Emirates has three, followed by Qatar, Egypt and Kuwait with one each. On aggregate, the top 10 banks accounted for 32.3% and 31.7% of combined assets and net income, respectively.

We have researched and prepare lists of:

Country

Number of banks

Bahrain

Egypt

Jordan

Kuwait

Lebanon

Morocco

Oman

Qatar

Saudi Arabia

United Arab Emirates

The following is the complete list of the 100 largest Middle Eastern banks by assets.

MEA 200 Rank 2019	Bank	Country	Assets	Total Operating Income
			$million	$million
1	Qatar Natl. Bank	Qatar	236815	6743
2	First Abu Dhabi Bank	UAE	202528	5294
3	Emirates NBD Bank	UAE	136222	4775
4	Natl. Commercial Bank	Saudi Arabia	120859	5041
5	Al Rajhi Bank	Saudi Arabia	97298	4625
6	Natl. Bank of Kuwait	Kuwait	90316	2926
7	Natl. Bank of Egypt	Egypt	86317	1945
8	Abu Dhabi Commercial Bank	UAE	76186	2502
9	Samba Financial Group	Saudi Arabia	61294	2174
10	Riyad Bank	Saudi Arabia	61284	2404
11	Dubai Islamic Bank	UAE	60899	2233
12	Kuwait Finance House	Kuwait	58515	2456
13	Attijariwafa Bank	Morocco	53317	2346
14	Banque Saudi Fransi	Saudi Arabia	50701	1769
15	Banque Misr	Egypt	49436	1011
16	Arab Bank Group	Jordan	49163	2133
17	Arab Natl. Bank	Saudi Arabia	47526	1745
18	Bank Audi	Lebanon	47161	1492
19	SABB	Saudi Arabia	46533	1984
20	Qatar Islamic Bank	Qatar	42088	1241
21	Banque Centrale Populaire	Morocco	41466	1799
22	Mashreqbank	UAE	38097	1617
23	Commercial Bank	Qatar	37099	1011
24	BLOM Bank	Lebanon	36709	1026
25	HSBC Bank Middle East	UAE	35529	1682
26	Ahli United Bank	Bahrain	35508	1211
27	Abu Dhabi Islamic Bank	UAE	34085	1571
28	Alinma Bank	Saudi Arabia	32398	1290
29	Bank Muscat	Oman	31923	1161
30	Banque Marocaine du Com. Ext.	Morocco	30902	1391
31	Arab Banking Corporation	Bahrain	29549	817
32	Gulf Int. Bank	Bahrain	27546	372
33	Masraf Al Rayan	Qatar	26723	766
34	Doha Bank	Qatar	26404	716
35	Saudi Investment Bank	Saudi Arabia	25609	757
36	Byblos Bank	Lebanon	24985	464
37	Burgan Bank	Kuwait	24077	821
38	Al Baraka Banking Group	Bahrain	23809	988
39	Fransabank	Lebanon	23589	481
40	Commercial Bank of Dubai	UAE	20175	742
41	Gulf Bank	Kuwait	19811	640
42	Bank AlBilad	Saudi Arabia	19629	901
43	Bank AlJazira	Saudi Arabia	19460	727
44	Commercial Int. Bank	Egypt	19123	1147
45	BankMed	Lebanon	19014	319
46	Bank of Beirut	Lebanon	18861	468
47	Banque Libano-Francaise	Lebanon	15072	286
48	Al Ahli Bank of Kuwait	Kuwait	14977	556
49	Commercial Bank of Kuwait	Kuwait	14711	497
50	QNB ALAHLI	Egypt	14434	747
51	Nat. Bank of Ras Al-Khaimah	UAE	14344	1042
52	Al Khalij Commercial Bank	Qatar	14311	314
53	Noor Bank	UAE	13809	529
54	Qatar Int. Islamic Bank	Qatar	13805	368
55	Ahli United Bank Kuwait	Kuwait	12887	400
56	Credit Libanais	Lebanon	12443	238
57	Barwa Bank	Qatar	12185	346
58	Sharjah Islamic Bank	UAE	12182	316
59	Housing Bank for Trade & Fin.	Jordan	11698	488
60	Arab African Int. Bank	Egypt	11506	509
61	Groupe Cr. Agricole du Maroc	Morocco	11218	392
62	Ahli Bank	Qatar	11097	302
63	Bank Dhofar	Oman	10946	348
64	Natl. Bank of Fujairah	UAE	10831	428
65	Soc. Gen. Marocaine de Banques	Morocco	10723	502
66	BBK	Bahrain	9500	428
67	Natl. Bank of Oman	Oman	9282	335
68	Natl. Bank of Bahrain	Bahrain	8476	311
69	Ithmaar Bank	Bahrain	8296	222
70	BBAC bank	Lebanon	8079	174
71	Bank Sohar	Oman	7914	245
72	Bank of Sharjah	UAE	7898	196
73	Banque Marocaine le Com. l'Ind.	Morocco	7247	317
74	Warba Bank	Kuwait	7221	163
75	Kuwait Int. Bank	Kuwait	7141	219
76	Credit Immobilier et Hetelier	Morocco	6791	249
77	Commercial Bank Int.	UAE	6191	251
78	Ajman Bank	UAE	6165	149
79	HSBC Bank Oman	Oman	6133	223
80	Oman Arab Bank	Oman	6050	228
81	Ahli Bank Oman	Oman	5950	161
82	Jordan Islamic Bank	Jordan	5864	207
83	Credit du Maroc	Morocco	5844	241
84	Arab Bank for Inv. & Foreign Trade	UAE	5788	220
85	HSBC Bank Egypt	Egypt	5638	495
86	United Arab Bank	UAE	5584	176
87	Lebanon & Gulf Bank	Lebanon	5576	67
88	Bank al Etihad	Jordan	5452	241
89	Faisal Islamic Bank of Egypt	Egypt	5383	378
90	Bank of Alexandria	Egypt	5312	360
91	First Natl. Bank	Lebanon	5192	100
92	Societe Arabe Int. de Banque	Egypt	4537	99
93	Al Salam Bank	Bahrain	4536	152
94	CreditBank	Lebanon	4239	124
95	Cairo Amman Bank	Jordan	4137	187
96	Natl. Bank of Kuwait - Egypt	Egypt	4104	196
97	Natl. Bank of Umm Al-Qaiwain	UAE	3993	178
98	Kuwait Fin. House (Bahrain)	Bahrain	3991	129
99	Jordan Ahli Bank	Jordan	3923	154
100	Jordan Kuwait Bank	Jordan	3836	173
			2850980	98080
MEA 200 Rank 2019	Bank	Country	Assets	Total Operating Income

Projecting the top 10 Middle Eastern banks in the world 2022 is now extremely difficult, owing to the volatility in oil prices, which is the major factor in determining the economic climate for the oil-producing Middle-East countries that make up more than two-thirds of the total number of banks, and nine out of ten in the top ten banks.

About the Author: GBO Specialist

GBO provides advanced corporate solutions, which includes step-by-step guidance through the process of incorporating foreign companies and opening bank accounts worldwide as well as assisting to obtain gaming and financial licenses, clearing and payment solutions, operating from 2009 You can contact GBO at: https://il.linkedin.com/in/lena-dikman-04422496/

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