Leading Banks in the Middle East

Posted: Mar 05, 2011 |Comments: 0 | Views: 125 |

Emirates NBD is the leading banking group in the region and the biggest banking group in the Middle East in terms of assets. The Group is a major player in the corporate banking arena and has operations in the UAE, the Kingdom of Saudi Arabia, Qatar, the United Kingdom and Jersey (Channel Islands), as well as representative offices in India, Iran and Singapore. Emirates NBD has received many top awards such as the Banker Middle East Award 2010 in the Best Use of Technology, Banker Middle East - Products Award for Best Personal Loan, Best Private Bank in the UAE at the Euromoney Private Banking survey for 2010, to name a few.

The National Commercial Bank (NCB) is one of the Arab world's largest financial institutions and the second biggest bank in Middle East based on total assets. NCB has a well-established franchise and is highly regarded as one of the most recognised financial brands in the region. The Bank operates a comprehensive array of alternative delivery channels including Al-Ahli Telephone Banking, Al-Ahli Mobile Banking, Al-Ahli Online, Alahli eCorp, Alahli ePay, Al-Ahli Tadawul, Al-Ahli International Brokerage. NCB's principal business lines are: Consumer Finance, Islamic Retail Banking, Business Banking, Investments, and Wealth Management.

National Bank of Kuwait (NBK) is rated the Number One safest bank in Middle East by the Global Finance magazine in 2010. NBK successfully built an advanced banking institution that provides a full spectrum of innovative and unrivalled financial and investment services and solutions to individuals, corporate and institutional clients. The bank boasts the largest overseas branch network spanning many of the world financial and business centers.

The National Bank of Abu Dhabi (NBAD) is the leading bank in the United Arab Emirates. It won the "Best Arranger of Middle Eastern Loans" award at Euroweek's eighth Annual Syndicated Loans and Leveraged Finance Awards 2010. NBAD's long-term ratings are: Standard & Poor's A+, Moody's Aa3, and Fitch AA-, which is one of the strongest combined ratings among the Middle Eastern and North African (MENA) financial institutions.

Please refer to the relevant guide for more information on the safest and largest banks around the world.

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