(MENAFN– Al-Anbaa)
Ali Ibrahim
Data from “SWF Institute” showed that the Central Bank of Kuwait ranked fourth in the Gulf, eighth in the Arab world and 56th globally in terms of the largest volume of central bank activity across the world, as the value of central bank assets of the world’s 100 largest central banks totaled $41.4 trillion.
The Central Bank of Saudi Arabia ranked first in the Arab and Gulf countries and 16th globally with an asset volume of over $529 billion, while the UAE ranked second in the Arab and Gulf countries and 33rd globally in the same ranking, while Lebanon ranked third in the Arab world and 34th globally, and Iraq ranked fourth Arab and 41st globally.
Qatari “Central” ranked fifth in the Arab world, third in the Gulf and 47th globally by asset size, while Algerian “Central” ranked sixth in the Arab world and 52nd globally, and the “ Egyptian Central” ranked 7th in the Arab world and 53rd globally, and the Moroccan “Central” ranked 9th in the Arab world and 60th in the world, while Oman’s “Central” ranked fifth in the Gulf, 10th in the Arab world and 71st globally, while the Jordanian “Central” ranked 11th in the Arab world and 74th globally, while the Tunisian “Central” ranked 12th in the Arab world and 76th ° worldwide.
The world’s 10 largest central banks own $30.7 trillion worth of assets, which constitutes 74% of central bank asset volume globally. The “Bank of Japan” ranks second in the world, with a portfolio of total assets of $5.9 trillion, followed by the People’s Bank of China in third place, with assets of $5.1 trillion.
And the ‘German Central Bank’ ranked fourth with a total asset portfolio of $2.7 trillion, followed by the ‘Bank of France’, with an asset portfolio of $2.3 trillion, while the rest of the central banks were less than two trillion dollars in their total asset portfolio, and up to ninth place, which was at 1 trillion, almost dollars in favor of the “Swiss Central Bank”, and the Central Bank of India ranked the 10th place with total assets volume of $818 billion.
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