Global Finance
Names the Safest Emerging Markets Banks in the Middle East 2013
New York, November 4, 2013
–
Global Finance
magazine (GFmag.com) has named the Safest Emerging Markets Banks in the Middle East in an exclusive survey to be published in the December 2013 issue. The banks were selected through a comparison of the long-term credit ratings and total assets of the largest banks. Ratings from Moodys, Standard & Poors and Fitch were used. (Ratings current on 25th October, 2013.)
The full report covers the safest banks in Central and Eastern Europe, Asia, the Middle East, Latin America and Sub-Saharan Africa. For companies looking to expand into new markets, choosing the right banking partner is critical, says
Global Finance
publisher Joseph D. Giarraputo. This ranking is an invaluable tool for companies to evaluate institutional strength in fast-growing emerging markets.
Rank |
Group Name |
Country |
1 |
National Bank Of Abu Dhabi | UAE |
2 |
National Bank of Kuwait | Kuwait |
3 |
Qatar National Bank | Qatar |
4 |
Samba Financial Group | Saudi Arabia |
5 |
National Commercial Bank | Saudi Arabia |
6 |
Al Rajhi Bank | Saudi Arabia |
7 |
Riyad Bank | Saudi Arabia |
8 |
Abu Dhabi Commercial Bank | UAE |
9 |
Banque Saudi Fransi | Saudi Arabia |
10 |
SABB | Saudi Arabia |
11 |
Union National Bank | UAE |
12 |
Kuwait Finance House | Kuwait |
13 |
Arab National Bank | Saudi Arabia |
14 |
First Gulf Bank | UAE |
15 |
Abu Dhabi Islamic Bank | UAE |
16 |
Commercial Bank of Qatar | Qatar |