Following are the largest banks in the Middle East based on total assets. The list includes Arab banks, Turkish banks and Israeli banks. Qatar National Bank S.A.Q. (QNB Group) is the largest bank in the region. With over 5.3 million customers and 15,200 employees, it is also one of the highest rated regional banks according to Standard & Poor’s, Moody’s and Fitch as well as one of the world’s 50 safest banks according to Global Finance.
Rank | Company | Country | Total assets, US$b | Balance sheet |
1 | Qatar National Bank | Qatar | 190.202 | 06/30/2016 |
2 | National Commercial Bank | Saudi Arabia | 120.854 | 06/30/2016 |
3 | Turkiye Is Bankasi (Isbank) | Turkey | 118.365 | 06/30/2016 |
4 | Emirates NBD | UAE | 115.947 | 06/30/2016 |
5 | Ziraat Bank | Turkey | 114.922 | 06/30/2016 |
6 | Bank Hapoalim | Israel | 114.545 | 06/30/2016 |
7 | National Bank of Abu Dhabi | UAE | 114.211 | 06/30/2016 |
8 | Bank Leumi Le Israel | Israel | 113.387 | 06/30/2016 |
9 | Garanti Bank | Turkey | 99.467 | 06/30/2016 |
10 | Akbank | Turkey | 91.949 | 06/30/2016 |
11 | Al Rajhi Bank | Saudi Arabia | 88.472 | 06/30/2016 |
12 | Yapi Kredi Bankasi | Turkey | 85.122 | 06/30/2016 |
13 | National Bank of Kuwait (NBK) | Kuwait | 79.791 | 06/30/2016 |
14 | Halkbank | Turkey | 70.922 | 06/30/2016 |
15 | VakifBank | Turkey | 69.323 | 06/30/2016 |
16 | National Bank of Egypt | Egypt | 67.673 | 12/31/2015 |
17 | Abu Dhabi Commercial Bank (ADCB) | UAE | 65.564 | 06/30/2016 |
18 | Samba Financial Group | Saudi Arabia | 62.471 | 06/30/2016 |
19 | First Gulf Bank (FGB) | UAE | 61.885 | 06/30/2016 |
20 | Riyad Bank | Saudi Arabia | 60.812 | 06/30/2016 |
21 | Mizrahi Tefahot Bank | Israel | 56.579 | 06/30/2016 |
22 | Kuwait Finance House | Kuwait | 56.459 | 06/30/2016 |
23 | Israel Discount Bank | Israel | 54.273 | 06/30/2016 |
24 | Banque Saudi Fransi | Saudi Arabia | 51.771 | 06/30/2016 |
25 | Saudi British Bank | Saudi Arabia | 51.226 | 06/30/2016 |
26 | Arab Bank | Jordan | 48.255 | 06/30/2016 |
27 | Dubai Islamic Bank | UAE | 46.850 | 06/30/2016 |
28 | Arab National Bank | Saudi Arabia | 44.473 | 06/30/2016 |
29 | Bank Audi | Lebanon | 43.093 | 06/30/2016 |
30 | HSBC Bank Middle East | Channel Islands | 40.934 | 06/30/2016 |
31 | Denizbank (4) | Turkey | 40.814 | 06/30/2016 |
32 | Banque Misr | Egypt | 37.389 | 06/30/2015 |
33 | Qatar Islamic Bank | Qatar | 36.979 | 06/30/2016 |
34 | Commercial Bank of Qatar | Qatar | 35.003 | 06/30/2016 |
35 | Bank Muscat | Oman | 34.021 | 06/30/2016 |
36 | Ahli United Bank | Bahrain | 33.703 | 06/30/2016 |
37 | Abu Dhabi Islamic Bank (ADIB) | UAE | 33.090 | 06/30/2016 |
38 | First International Bank of Israel | Israel | 33.080 | 06/30/2016 |
39 | Finansbank | Turkey | 32.917 | 06/30/2016 |
40 | Mashreq Bank | UAE | 31.227 | 06/30/2016 |
41 | Arab Banking Corp (Bank ABC) | Bahrain | 30.029 | 06/30/2016 |
42 | Blom Bank | Lebanon | 29.500 | 06/30/2016 |
43 | Saudi Hollandi Bank | Saudi Arabia | 29.003 | 06/30/2016 |
44 | Union National Bank | UAE | 27.840 | 06/30/2016 |
45 | Turk Ekonomi Bankasi | Turkey | 26.747 | 06/30/2016 |
46 | Alinma Bank | Saudi Arabia | 26.214 | 06/30/2016 |
47 | Saudi Investment Bank (SAIB) | Saudi Arabia | 25.645 | 06/30/2016 |
48 | Al Baraka Banking Group | Bahrain | 25.044 | 06/30/2016 |
49 | Masraf Al Rayan | Qatar | 24.304 | 06/30/2016 |
50 | Doha Bank | Qatar | 24.017 | 06/30/2016 |
51 | Burgan Bank | Kuwait | 23.810 | 06/30/2016 |
52 | Gulf International Bank | Bahrain | 23.338 | 06/30/2016 |
53 | Commercial International Bank (CIB) | Egypt | 22.058 | 06/30/2016 |
54 | Byblos Bank | Lebanon | 20.997 | 06/30/2016 |
55 | Islamic Development Bank (IDB) | Saudi Arabia | 20.565 | 12/31/2014 |
56 | Fransabank | Lebanon | 19.994 | 12/31/2015 |
57 | Türk Eximbank | Turkey | 18.347 | 06/30/2016 |
58 | Bank Aljazira | Saudi Arabia | 18.249 | 06/30/2016 |
59 | Gulf Bank | Kuwait | 18.142 | 06/30/2016 |
60 | ING Bank Anonim Sirketi | Turkey | 16.713 | 06/30/2016 |
61 | Commercial Bank of Dubai (CBD) | UAE | 16.711 | 06/30/2016 |
62 | Bank of Beirut | Lebanon | 16.579 | 06/30/2016 |
63 | BankMed | Lebanon | 15.551 | 12/31/2015 |
64 | Al Ahli Bank of Kuwait | Kuwait | 15.190 | 06/30/2016 |
65 | Emirates Islamic Bank | UAE | 14.489 | 12/31/2015 |
* The exchange rate on June 30, 2016.