Middle Eastern banks have maintained their impressive growth momentum in 2014’s Top 1000 ranking. Total profits for the region’s lenders hit $38.3bn, up from $34.5bn in 2013. These figures are largely boosted by the performance of Gulf-based institutions, which once again feature prominently across most of the key indicators. Only five banks in the top 25 regional list hail from outside of the Gulf.
Philip Alexander reports on the full results of The Banker’s Top 1000 World Banks ranking 2014, in the story Top 1000 World Banks 2014: Back on track?