3. Samba

Assets in 2017 ($000): 60,696,288
Assets in 2016 ($000): 61,730,290
Growth (2016-2017): -1.68
2017 net profit ($000): 1,339,811
Return on assets (ROA) in 2017: 2.17

4. Riyad Bank

Assets in 2017 ($000): 57,675,246
Assets in 2016 ($000): 58,031,734
Growth (2016-2017): -0.61
2017 net profit ($000): 1,052,266
Return on assets (ROA) in 2017: 1.81

5. Banque Saudi Fransi

Assets in 2017 ($000): 51,447,702
Assets in 2016 ($000): 54,247,656
Growth (2016-2017): -5.16
2017 net profit ($000): 941,836
Return on assets (ROA) in 2017: 1.74

6. Saudi British Bank

Assets in 2017 ($000): 50,030,758
Assets in 2016 ($000): 49,614,905
Growth (2016-2017): 0.84
2017 net profit ($000): 1,054,554
Return on assets (ROA) in 2017: 2.13

7. Arab National Bank

Assets in 2017 ($000): 45,787,120
Assets in 2016 ($000): 45,335,659
Growth (2016-2017): 1.00
2017 net profit ($000): 809,082
Return on assets (ROA) in 2017: 1.78

8. Alinma Bank

Assets in 2017 ($000): 30,668,018
Assets in 2016 ($000): 27,927,963
Growth (2016-2017): 9.81
2017 net profit ($000): 536,362
Return on assets (ROA) in 2017: 1.92

9. Alawwal Bank

Assets in 2017 ($000): 26,631,955
Assets in 2016 ($000): 28,018,800
Growth (2016-2017): -4.95
2017 net profit ($000): 356,138
Return on assets (ROA) in 2017: 1.27

10. Saudi Investment Bank

Assets in 2017 ($000): 25,012,325
Assets in 2016 ($000): 25,163,066
Growth (2016-2017): -0.60
2017 net profit ($000): 376,213
Return on assets (ROA) in 2017: 1.50

Looking ahead

In 2018, GCC banks are expected to record only modest growth in both assets and net profit, reflecting continuing challenging trading conditions. Economic growth in the region will be slightly higher, allowing for modest loan growth.

Maintained government infrastructure investment in the GCC and increased government spending in some GCC states will help to boost loan growth, albeit only modestly, and returns for the GCC banking sector are expected to be marginally higher over the course of the year.

 /  Source: gulfbusiness