GLOBAL FINANCE
names the Safest Emerging Market Banks 2012 in the Middle East
NEW YORK, November 6, 2012
Global Finance
magazine (
GFmag.com
) has named the Safest Emerging Market Banks in the Middle East in an exclusive survey to be published in the December 2012 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 15th October, 2012.)
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.
For editorial information please contact: Andrea Fiano, Editor, email:
afiano@gfmag.com
| 1 |
National Bank of Abu Dhabi (UAE) |
8 |
Abu Dhabi Commercial Bank (UAE) |
| 2 |
National Bank of Kuwait (Kuwait) |
9 |
Kuwait Finance House (Kuwait) |
| 3 |
Qatar National Bank (Qatar) |
10 |
Banque Saudi Fransi (Saudi Arabia) |
| 4 |
SAMBA Financial Group (Saudi Arabia) |
11 |
SAAB (Saudi Arabia) |
| 5 |
National Commercial Bank (Saudi Arabia) |
12 |
Union National Bank (UAE) |
| 6 |
Al Rajhi Bank (Saudi Arabia) |
13 |
Arab National Bank (Saudi Arabia) |
| 7 |
Riyad Bank (Saudi Arabia) |
