The National Bank of Abu Dhabi (NBAD) has retained its title as the safest bank in the Middle East, according to Global Finance magazine.
The UAE's largest lender by market value was placed 31st in the list which said bank stability remained a pressing concern for the world’s corporations and investors.
Global Finance, which has just published updated rankings for the world’s 50 safest banks, also listed National Bank of Kuwait (35th - down one place compared to October 2012), Qatar National Bank (42nd - down two places) and Samba Financial Group (43rd - down two) in the top 50.
Read more: http://www.arabianbusiness.com/abu-dhabi-s-nbad-retains-mideast-s-safest-bank-title-493424.html
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