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NEW YORK, March 11, 2015 — Global Finance magazine has named the World’s Best Emerging Markets Banks in the Middle East in an exclusive survey to be published in the May 2015 issue. Global Finance editors—with input from industry analysts, corporate executives and banking consultants— selected the best emerging markets bank in the region and in 13 countries. Criteria for choosing the winners included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products. In addition, a poll of Global Finance’s corporate readership was conducted in order to increase the accuracy and reliability of the results.
This is the twenty-second year that the magazine has selected top banking performers in emerging markets. The report covers best banks in Latin America, Central & Eastern Europe, Asia-Pacific, the Middle East and Africa.
“Banking markets around the world are changing dramatically in the face of a new regulatory landscape and changing conditions. Some global players are reduce their footprints and product lines, while some regional andlocal players are expanding beyond their home markets,” said Joseph D. Giarraputo, publisher and editorial director ofGlobal Finance. “We honor those banks that have the deepest commitment to the markets in which they operate and understanding of the specific needs of customers based in those markets.”
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BEST EMERGING MARKETS BANKS IN THE MIDDLE EAST 2015 |
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---|---|
Regional Winner | National Bank of Kuwait |
Bahrain | Ahli United Bank |
Egypt | Commercial International Bank |
Iran | Bank Saderat Iran |
Iraq | Bank of Baghdad |
Jordan | Arab Bank |
Kuwait | National Bank of Kuwait |
Lebanon | Bank Audi |
Oman | BankMuscat |
Palestine | Bank of Palestine |
Qatar | Qatar National Bank |
Saudi Arabia | Samba Financial Group |
United Arab Emirates | National Bank of Abu Dhabi |
Yemen | Yemen Commercial Bank |