If you’re looking for a commercial bank in the MENA region that is growing quickly, not weighed down by non-performing loans and therefore most likely to recruit, it’s worth a glance at the list below.
Forbes has just compiled its latest rankings of banks in the MENA region, which includes the biggest conventional and Islamic institutions. Size is no guarantee that recruitment is on the agenda, of course, but rapid growth usually goes hand-in-hand with an increase in headcount.
Top of the list is in terms of growth is Alinma Bank in Saudi Arabia, which posted a 2,738% (no, that’s not a typo) increase in profits last year and doesn’t have a single non-performing loan. Another notable bank on the list is Qatar National Bank, although its preference for recruiting Qatari nationals means that any applicants from outside the country stand little chance of securing a job.
Here’s the list of the fastest growing banks in the Middle East:
And here’s the 10 largest banks in the region: