Mubasher: Saudi and Emirati banks had the most entries in Forbes Middle East’s Top 50 Banks in The Middle East list for 2021 with 10 financial institutions each.
Qatar National Bank topped the region’s listed banks with profits of $3.3 billion and sales worth $13.5 billion, according to a press release on Wednesday.The UAE’s First Abu Dhabi Bank (FAB) was the second in the list with sales and profits totalling $7.6 billion and $2.9 billion, respectively.
Saudi National Bank (SNB), which is a result of merging the National Commercial Bank (NCB) and Samba Financial Group, came in the third place with sales worth $6.6 billion and profits standing at $3.1 billion.
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