74 Arab banks have secured a rank among the largest 1,000 banks worldwide based on Tier 1 Capital according to data published by “The Banker” magazine in July, 2020.
Main Observations
-The total capital of the 74 Arab banks amounted to $332,525 billion, while their assets amounted to about $ 2.821 trillion.
-Banks in the United Arab Emirates topped the Arab world with a total of 17 banks among the top 1,000 largest banks in the world based on Tier 1 Capital size, followed by Saudi Arabia (11 banks), Bahrain (9 banks), Egypt and Kuwait and Qatar (7 Banks) each, Oman (5 banks), Jordan and Morocco (5 banks) each, Iraq and Tunisia (1 bank) each.
-In terms of Tier 1 Capital, banks from KSA came first with total assets of US $ 98.684 billion, followed by UAE banks ($ 88.990 billion).
-Lebanese Banks were not included in the Top 1000 Banks by the Banker Magazine
-Qatar National Bank maintained its Rank as the top Arab Banks according to Tier 1 Capital
-Highest Rank Advance: CIB Egypt as the bank advanced 179 ranks from 548 (in 2018) to 369 (in 2019)
-Highest Rank Decline: GFH Financial Group as the bank declined 35 ranks from 687 (in 2018) to 722 in 2019
-4 New Arab Bank Entries: Four Arab banks have made it to the top 1000 Banks compared to 2018, these banks are: Faisal Islamic Bank of Egypt (Rank 853) – Banque Nationale Agricole (Rank 914) – Bank of Jordan (Rank 988) – Credit Immobilier et Hotelier (Rank 990)
-Asset Size: In terms of Asset size, Qatar National Bank ranked first in the Arab world and 95th worldwide, followed by First Abu Dhabi Bank, Emirates NBD, National Commercial Bank, Abu Dhabi Commercial Bank and Al Rajhi Bank.
-NPL Ratio:
-In terms of Non-performing Loans, Riyad Bank had the lowest percentage of NPLs (0.88), followed by Al Rajhi Bank (0.9), Masref Al Rayan (1.01), National Bank of Kuwait (1.10) and Gulf Bank (1.10)
Highest Return on Assets:
In terms of highest return on assets, CIB Egypt ranked first in the Arab world with 3.05%, followed by National Bank of Umm Al Qaiwain (2.97%), Al Rajhi Bank and Faisal Islamic Bank of Egypt (2.64%) each and National Bank of Bahrain (2.32%)
Table 2: Data for Arab Banks among the Top 1,000 banks in the World (Tier 1 capital) for the Year 2019