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With total assets of $151.13 billion, Qatar National Bank SAQ is the largest bank in Africa and the Middle East, according to S&P Global Market Intelligence's inaugural ranking of the region's 30 largest banks by assets.
The ranking is based on data from SNL Financial, an offering of S&P Global Market Intelligence. It reflects each bank's most recently reported total assets, converted into U.S. dollars using end-of-period exchange rates. Most banks featured in the ranking have disclosed financial data as of March 31; exceptions are noted. No adjustments were made to compensate for differing accounting...