First Bank tracks 10 largest Gulf banks by loans at end-June 2026

The 10 largest Arab banks by loans at end-June 2026 remained unchanged in terms of the banks included, although several positions shifted as relatively small differences in growth reshaped the ranking. FirstBank tracks the 10 largest Gulf banks by loans, analysing changes in their positions and portfolio growth compared with end-2025.

Qatar National Bank (QNB) retained the top spot as the largest Gulf bank by loans, with its portfolio rising 2.7 per cent in H1 2026 to about USD 285.99 billion at end-June from USD 278.54 billion at end-2025.

Emirates NBD, meanwhile, climbed two places to second, supported by strong growth in its loan portfolio. Loans rose 17.9 per cent in H1 2026 to USD 203.22 billion at end-June from USD 172.31 billion at end-2025, the fastest growth rate among the top 10 banks.

The increase enabled Emirates NBD to overtake Al Rajhi Bank, which slipped one place to third after its loan portfolio recorded limited growth of 1.1 per cent in H1 2026. The portfolio reached USD 202.84 billion at end-June, up from USD 200.69 billion at end-2025.

Saudi National Bank also fell one place to fourth, with its loan portfolio rising 1.2 per cent in H1 2026 to USD 196.84 billion at end-June from USD 194.44 billion at end-2025.

First Abu Dhabi Bank (FAB), meanwhile, retained fifth place after its loan portfolio grew 7.3 per cent in H1 2026 to about USD 180.03 billion at end-June from USD 167.81 billion at end-2025.

Abu Dhabi Commercial Bank (ADCB) remained sixth, with its loan portfolio reaching USD 121.05 billion at end-June 2026 from USD 110.53 billion at end-2025, an increase of 9.5 per cent in H1 2026.

Riyad Bank retained seventh place after its loan portfolio rose 1 per cent in the first six months of 2026 to about USD 100.51 billion at end-June from USD 99.53 billion at end-2025.

National Bank of Kuwait (NBK) remained eighth, with its loan portfolio increasing 3.6 per cent in H1 2026 to about USD 90.19 billion at end-June from USD 87.09 billion at end-2025.

Saudi Awwal Bank (SAB) retained ninth place after its loan portfolio grew 7 per cent in H1 2026 to about USD 85.22 billion at end-June from USD 79.62 billion at end-2025.

Dubai Islamic Bank rounded out the ranking of the 10 largest Gulf banks by customer loans, retaining 10th place as its portfolio rose 7.2 per cent in H1 2026 to USD 76.51 billion at end-June from USD 71.35 billion at end-2025.