First Bank discloses the latest edition of the top 100 largest banks in the Middle East and North Africa (MENA)

FAB UAE leads the list with assets reaching 382 billion dollars, and QNB comes in second place

Strong presence of UAE banks with 17 spots and 25% of total assets

10 Saudi banks control 22% of the assets of the top 100 banks in the MENA region

The Egyptian banking sector participates with 7 banks, with National Bank of Egypt, Banque Misr, CIB, and AAIB being the most prominent

The First Bank list of the top 100 largest banks in the Middle East and North Africa (MENA) at the end of 2025 revealed a clear dominance of the UAE banking sector, which led the scene with 17 banks, acquiring 25% of the list's total assets, reflecting the regional strength and expansion of UAE banks.

Meanwhile, the list showed a balanced presence for Saudi Arabia, Jordan, and Turkey with 10 banks for each country, though asset sizes varied between them.

The Saudi banking sector outperformed by capturing 22% of the list's total assets, followed by the Turkish sector with a share of 12.6%, while the contribution of the Jordanian sector was relatively limited at just 2.9% of the assets of the top 100 banks in the MENA region.

The Kuwaiti banking sector participated with 9 spots, with a share of 8% of the list's total assets, while Qatar and Morocco secured 8 spots each. However, Qatari banks captured around 11.4% of the assets, compared to a share of only about 4.8% for Moroccan banks.

Egypt and Bahrain recorded a presence with 7 banks each, with a clear superiority for Egyptian banks which controlled around 6.3% of the list's total assets, compared to a share of about 3% for Bahraini banks.

In contrast, the Sultanate of Oman participated with 6 banks with a share of 1.9% of the assets of the top 100 banks in the MENA region at the end of 2025.

On the level of countries with limited contributions, whose shares did not exceed 1% of the list's total assets, Tunisian banks came with 3 spots, while the representation of Algeria and Lebanon was limited to only two spots each, whereas Palestine recorded a limited presence with one spot.

The ranking relied on ordering the banks according to the announced asset size at the end of 2025 valued in US dollars, providing a unified comparison tool between different banking institutions. The ranking also excluded banks for which official data was not available, to ensure the accuracy of the results and the reliability of the adopted methodology.

Regarding the ranking of the top 10 largest banks on the list, First Abu Dhabi Bank (FAB UAE) occupied the first place, with an asset size reaching 382.23 billion dollars at the end of 2025.

Qatar National Bank (QNB) secured the second place, with an asset portfolio recording 380.67 billion dollars at the end of the same year.

Saudi National Bank claimed the third place, with an asset size of 322.61 billion dollars at the end of 2025, followed by Emirates NBD in fourth place, with an asset portfolio of 317.04 billion dollars at the end of the same year.

Al Rajhi Bank controlled the fifth place, with an asset portfolio recording 278.15 billion dollars at the end of last December.

Ziraat Bankası occupied the sixth place, as its asset portfolio reached around 216.66 billion dollars at the end of 2025.

Abu Dhabi Commercial Bank came in seventh place, with an asset size reaching around 210.64 billion dollars at the end of 2025.

National Bank of Egypt occupied the eighth place, with an asset portfolio recording around 191.03 billion dollars at the end of 2025.

National Bank of Kuwait acquired the ninth place, with an asset size reaching around 148.14 billion dollars at the end of last December.

Kuwait Finance House came in the tenth place, with an asset portfolio reaching around 138.88 billion dollars at the end of 2025.

It is worth noting that the ranking included the parent banking groups in various MENA countries and did not include their foreign subsidiaries.