Half of ‘Safest Banks’ In Middle East Hosted by Saudi | Arabianomics

According to this report in Arab News, half of the safest banks in the Middle East are hosted by Saudi Arabia, a study by Global Finance Magazine found.

The survey by Global Finance Magazine, in its 20th year, named the 50 safest banks worldwide, finding that of the 10 hosted in the Middle East, Saudi Arabia had five.

Arab News:

“The top ten world’s safest banks 2011 in the Middle East list includes National Bank of Abu Dhabi at the top ladder followed by the National Bank of Kuwait, Qatar National Bank, Samba Financial Group (Saudi Arabia), National Commercial Bank (Saudi Arabia), tie for ranking number six between Al-Rajhi Bank (Saudi Arabia), Riyad Bank (Saudi Arabia), Abu Dhabi Commercial Bank, Kuwait Finance House and Saudi British Bank (Saudi Arabia).”

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