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
9
Egypt
9
Jordan
6
Kuwait
9
Lebanon
11
Morocco
7
Oman
7
Qatar
9
Saudi Arabia
11
United Arab Emirates
27

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

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.

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