Thursday 4 September 2008

GCC Financials

Banking and finance companies represent 40 percent of the 150 largest market capitalisation companies in the GCC region.

Al-Rajhi Bank has the highest market cap of US$32 billion. Kuwait Finance House has a market capitalisation of US$21.68 billion, and in third place is National Bank of Kuwait (US$18.7 billion).

Other large banks and financial companies include Samba Financial Group (US$16.26 billion), Emirates NBD (US$16.23 billion), SABB (US$14.22 billion), Qatar National Bank (US$13.96 billion), Riyad Bank (US$13.1 billion), Saudi French Bank (US$11.66 billion) and National Bank of Abu Dhabi (US$10.72 billion).

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