Arab banks have collectively managed to boost their assets and largely maintain profits despite global difficulties in the banking industry. While a handful of institutions recorded losses, the top Arab banks report healthy profits, and capital adequacy ratios have only fallen marginally.
Despite a slight dip in average profitability, this year's ranking of the top 100 Arab banks shows a financial sector largely resilient to negative regional and global pressures. Total bank assets held by the 100 largest Arab banks increased 12.4% year on year, while average pre-tax profits of banks in this year's top 100 fell only slightly to $235m.
