Nine of Qatar's banks were included in "The Banker's Top 100 Arab Banks 2024" list, demonstrating the country's banking sector's continued strong financial standing. The esteemed rating was just released and is based on a thorough analysis of eight important financial parameters.
These measures, which show each institution's size as well as its financial performance and soundness, include Tier 1 Capital, asset size, pre-tax earnings, and capital assets ratio, among others. The Saudi National Bank of Saudi Arabia topped the list, although banks in Qatar also had a big influence.
Qatar National Bank (QNB) secured a splendid 3rd place. The other Qatari banks and their rankings are:
- Qatar Islamic Bank (QIB) - #15
- Masraf Al Rayan - #18
- Commercial Bank - #26
- Doha Bank - #32
- Dukhan Bank - #33
- Qatar International Islamic Bank (QIIB) - #40
- Ahli Bank Qatar - #44
- Lesha Bank - #97