Banks in the Middle East and north Africa may have been buffeted by the region’s ever-growing political and security challenges, but The Banker’s Top 100 Arab Banks rankings for 2015 show another year of robust performances.
The results for Arab lenders are stellar across all measures. Local lenders have worked particularly hard to improve their resilience, growing aggregate Tier 1 capital by 11.08% and bringing the total capital base to $263.16bn. Banks have expanded their balance sheets by 10.5%, slightly less than the 12.2% the year before, bringing the aggregate holdings of banks in the rankings to $2388bn.