National Bank of Abu Dhabi (#50)
Banking Industry Stats
Size: 1,223 billion AED
Key Interest Rate: 1%
Number of Commercial Banks: 46
The second largest bank in the United Arab Emirates, the National Bank of Abu Dhabi is also the safest, according to Global Finance. With total assets of $44.8 billion and a market capitalization of $4.8 billion as of Dec 31 2008, the bank is also over 70% owned by the government with foreign ownership limited to 25% of equity. The bank is listed on the Abu Dhabi Securities Exchange (ADX).