VOL. XLIII

No. 29

17-July-2000

BANKING

Middle East Banks Take 63 Positions In FTs Ranking Of Top 1,000 World Banks

Sixty-three of the banks ranked by the Financial Timess The Banker magazine (July) in its Top 1,000 survey are Middle East financial institutions. The survey ranks the worlds commercial banks using consolidated figures "where possible" and listing only banking business figures for bancassurance groups. The banks rankings are based on Tier One Capital as defined by Basles Bank for...