World’s Safest Banks in the Middle East & Africa 2013




Global Finance

Names National Bank of Abu Dhabi and National Bank of Kuwait the World’s Safest Banks 2013 in the Middle East and Africa

World's Safest Banks 2013


New York, August 26, 2013




Global Finance


magazine has named the

Safest Banks in the Middle East and Africa

in an exclusive survey to be published in the October 2013 issue. Winners were selected through an evaluation of long-term credit ratingsfrom Moodys, Standard & Poors and Fitchand total assets of the 500 largest banks worldwide.

National Bank of Abu Dhabi and National Bank of Kuwait lead the rankings in the Middle East and Africa, and have the same credit ratings. They are ranked here according to their assets.

Saudi Arabian banks perform very well again this year, taking six of the top ten positions. The full report evaluates the safest banks in Western Europe, Central and Eastern Europe, Asia, the Middle East, North America, Latin America and Australasia.

Bank counterparty assessment has become an intrinsic part of the job of a CFO and treasurer, says

Global Finance

publisher Joseph D. Giarraputo.

Global Finance

s Safest Banks ranking provides an objective tool for benchmarking and analysis of regional banks.


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

Ratings current as of July 30, 2013

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