Forbes Middle East has ranked Qatar National Bank (QNB) Group the number one position in the list of the 30 most powerful banks in the Middle East for 2022.
The bank has topped the list with total assets amounting to $300.3 billion which was followed by First Abu Dhabi Bank at the second position with total assets of $272.4 billion.
The methodology followed to curate the list is data collection banks in the Middle East that are listed on the stock exchange in the Arab world. They are evaluated based on their market value, revenues, assets, and profits for 2021.
Source: Forbes Middle East
Cover image credit: Al Sharq
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