Dubai Economic Update
Emirates NBD is the Largest Bank in the UAE and one of the largest in the GCC by Assets
as at 31 Dec 2011
UAE Ranking by Assets (AED billion)
UAE Ranking by Equity (AED billion)
UAE Ranking by Profits (AED million)
(1)
Emirates NBD
284.6
Emirates NBD
29.1
NBAD
3,708
NBAD
255.7
FGB
26.8
FGB
3,707
ADCB
183.7
NBAD
26.4
ADCB
3,026
FGB
157.5
ADCB
22.1
Emirates NBD
2,483
DIB
90.6
UNB
13.0
UNB
1,500
UNB
82.5
Mashreq
12.8
RAK
1,204
Mashreq
79.2
DIB
10.2
ADIB
1,155
ADIB
74.3
ADIB
8.6
DIB
1,010
CBD
38.2
CBD
6.3
CBD
822
RAK
24.5
RAK
4.7
Mashreq
820
GCC Ranking by Assets (AED billion)
GCC Ranking by Equity (AED billion)
GCC Ranking by Profits (AED million)
QNB
NCB
304.6
QNB
43.0
QNB
7,574
295.0
NCB
34.9
AL Rajhi
7,226
Emirates NBD
284.6
AL Rajhi
32.1
NCB
6,012
NBAD
255.7
NBK
30.8
SAMBA
4,216
AL Rajhi
216.3
Riyad Bank
29.5
NBK
4,020
SAMBA
188.8
Emirates NBD (1)
29.1
NBAD
3,708
ADCB
183.7
SAMBA
27.7
FGB
3,707
NBK
179.8
KFH
27.4
Riyad Bank
3,026
KFH
177.6
FGB
26.8
ADCB
3,026
Riyad Bank
177.2
NBAD
26.4
BSF
2,851
(1) Shareholders' Equity for Emirates NBD is AED 35 billion. The number shown is Tangible Shareholder's Equity which excludes goodwill and intangibles.
Source: Bank Financial Statements and Press Releases for 31 Dec 2011, Bloomberg
Emirates NBD
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