Saudi National Bank has been ranked among the world’s top 100 most valuable banking brands by the annual Brand Finance Banking 500 report.
SNB was the highest-ranked of 30 newcomers to the list this year. A brand value of $3.2 billion earned it 94th position globally and sixth place among institutions based in the Middle East and North Africa. Qatar National Bank retained top spot among the region’s banking brands.
Other Middle Eastern banks in the top 500 include Saudi-based Al-Rajhi Bank (in 69th place) and UAE-based NBD (83rd), FAB (88th) and ADCB (117th).