18 Arab banks in the list of the largest 100 banks in the world
18 Arab banks came in the list of the largest 100 banks in the world, with assets, and [url=https://www.thebaghdadpost.com/ar/Story/t/4702/%D8%A3%D8%A8%D9%88 %D8%B8%D8%A8%D9%8A]Abu Dhabi[/url] Bank ranked first among the Arab banks and 52nd in the global list.
And a report by the American sovereign wealth funds institute, which was seen by the "Erm News" website, showed today, Saturday, that the total assets of First [url=https://www.thebaghdadpost.com/ar/Story/t/4702/%D8%A3%D8%A8%D9%88 %D8%B8%D8%A8%D9%8A]Abu Dhabi[/url] Bank reached about 175 billion dollars by the end of the third quarter of last year.
Dubai National Bank of Emirates came second in Arab banks, and ranked 56th in the global list with total assets amounting to about $ 128 billion, followed by National Bank of Kuwait in the 60th place with assets amounting to about $ 90 billion, according to the report.
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Dubai Islamic Bank ranked 65th, followed by Riyad Bank 67th, Qatar Commercial Bank 72nd, Bank Muscat 75th, Arab Banking Corporation in Bahrain 76th, Doha Bank 79th, Gulf International Bank 81th, and Dubai Bank Commercial Bank in 85th position, Gulf Commercial Bank in Bahrain at 86th position, Barwa Bank of Qatar in 88th position, Bank Dhofar in Oman 90th, Qatar International Bank in 93rd position, National Bank of Oman in 95th position and National Bank of Fujairah in 96th position and Sohar International Bank of Oman In the 97th position. The
the report showed that the industrial and commercial Bank of China ranked first as the center The largest bank in the world, as its assets amounted to about $ 4.1 trillion, while 3 other Chinese banks came in the second, third and fourth places, namely: the China Construction Bank, the Agricultural Bank of China, and the Bank of China, with total assets of 3.55 trillion, and 3.49 trillion, And $ 2.98 trillion, respectively.
The report indicated that the total assets of the largest 100 banks in the world amounted to about 51 trillion dollars, which means that the four Chinese banks acquire more than a quarter of the total of those assets.