First Bank’s List of the Top 100 Banks in the Middle East and North Africa

Clear UAE leadership with 17 banks in the list

Saudi Arabia and Jordan in second place with 10 banks each

Kuwait continues to strengthen its regional presence with 9 banks

Close representation for Egypt, Morocco, Qatar, and Turkey with 8 seats each

Bahraini banks control 7 seats.. and the Sultanate of Oman secures 6 positions

Limited presence for Tunisia with 3 banks.. and Algeria and Lebanon with only two seats each

Iraq and Palestine participate with one bank for each

The First Bank list of the top 100 banks in the Middle East and North Africa as of the end of September 2025 revealed the continued UAE dominance over the map of the largest 100 banks in the MENA region. The UAE secured 17 seats, reflecting the strength of the financial positions of its operating banks and their broad regional activity.

The Saudi and Jordanian sectors followed in the next position with 10 seats each, reflecting the ability of banks in both countries to maintain their competitive momentum and strong presence within the ranking.

Kuwaiti banks enhanced their regional presence by securing 9 spots in the classification, while the list showed a convergence in presence among four major banking markets, as Egypt, Morocco, Qatar, and Turkey each obtained 8 seats.

Bahraini banks captured 7 seats, while the Sultanate of Oman came in with 6 seats, indicating a stable representation that reflects the size of both markets compared to the larger markets in the region.

The Tunisian representation came through only 3 banks, while the representation of Algeria and Lebanon was limited to two seats each. Palestine and Iraq recorded a limited presence with one seat each, in a participation that reflects the existence of banks capable of competing regionally despite the surrounding geopolitical challenges.

The ranking relied on ordering banks according to the declared asset size denominated in US dollars, providing a unified comparison tool between different banking institutions. The ranking also excluded banks for which official data is not available to ensure the accuracy of the results and the reliability of the adopted methodology.

On the level of the top 10 banks in the list, Qatar National Bank occupied the first place, with an asset size of about 381.10 billion dollars by the end of September 2025.

First Abu Dhabi Bank came in second place after its assets reached approximately 376.33 billion dollars by the end of September 2025.

The Saudi National Bank ranked third, with an asset size of 321.74 billion dollars by the end of the same period.

Emirates NBD occupied the fourth place with an asset size of about 310.11 billion dollars by the end of September 2025.

Al Rajhi Bank took the fifth place with an asset size recorded at 282.45 billion dollars by the end of the same period.

Abu Dhabi Commercial Bank dominated the sixth place after its assets recorded about 202.63 billion dollars by the end of last September.

The National Bank of Egypt came in seventh place with an asset volume of about 186.67 billion dollars by the end of the same period.

National Bank of Kuwait captured the eighth place with an asset volume reaching 146.96 billion dollars by the end of September 2025.

Riyad Bank occupied the ninth place with an asset size recorded at 135.46 billion dollars by the end of the same period.

Kuwait Finance House took the tenth place after its asset portfolio reached about 133.35 billion dollars by the end of September 2025.

It should be noted that the ranking included the parent banking groups in various Middle Eastern and North African countries and did not include their foreign subsidiaries.