Mubasher: Global Finance issued a report on the safest banks in the Middle East in 2018, in which 12 banks from the UAE and 10 banks Saudi Arabia out of the top 50 banks on the list.

First Abu Dhabi Bank (FAB) came in first with two “AA-” ratings from Fitch and S&P, as well as an Aa3 rating from Moody’s, with assets totalling $185.2 billion by the end of 2017, followed by the National Bank of Kuwait (NBK), Qatar National Bank (QNB), and Abu Dhabi Commercial Bank (ADCB).

The National Commercial Bank (NCB) topped Saudi banks, as it was ranked at 22nd, with its assets portfolio reaching $ 118.3 billion, followed by Al Rajhi Bank 23rd place, followed by Samba Financial Group, Banque Saudi Fransi, and Saudi British Bank (SABB), taking places from 23rd to 26th.