World's Safest Emerging Markets Banks in the Middle East 2013
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Global Finance Names the Safest Emerging Markets Banks in the Middle East 2013

 

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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 Moody’s, Standard & Poor’s 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.”

 

SAFEST EMERGING MARKETS BANKS IN THE MIDDLE EAST 2013
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