THE MIDDLE EAST’S
52. Boubyan Bank
Country: Kuwait
Sector: Banks & Financial Services
Vice Chairman & Group CEO: Adel Al-Majed
Market Value: $9.8 billion
Boubyan Bank operates three subsidiaries, including BLME Holdings. In 2025, net profits rose 4.3% to $331 million, with total assets of $33.5 billion. Boubyan Bank is a subsidiary of National Bank of Kuwait (NBK Group), which owns 59.9% of the bank.