![](https://forbesme-prestaging-media.s3.us-east-2.amazonaws.com/lists/uploads/2023/04/05035304/The-Middle-Easts-50-Most-Valuable-Banks-2023_33-scaled.jpg)
33. Commercial Bank of Kuwait (Al-Tijari)
Country: Kuwait
CEO: Elham Yousry Mahfouz
Market value: $3.3 billion
The Commercial Bank of Kuwait is the second oldest bank in Kuwait, operating through banking and investment activities. It also provides brokerage services through its subsidiary, the Al-Tijari Financial Brokerage Company. Al Sharq Holding Company owns 23.9% of the bank. It has an 8.7% stake in Boubyan Bank. The bank had $14.1 billion in total assets as of December 2022.