| Rank | Bank | City | Fiscal period | Shareholder equity ($m) | Equity growth (%) | Total assets ($m) | Asset growth (%) | Net income ($m) | Income growth (%) | ROAE (%) |
| Bahamas | ||||||||||
| 1 | British American Bank | Nassau | 1997 | 18 | 3.6 | 145 | 1.8 | 3 | -8.3 | 19.2 |
| Bahrain | ||||||||||
| 1 | Arab Banking Corporation | Manama | 1997 | 2,046 | 3.8 | 23,582 | 2.6 | 188 | 16.1 | 9.4 |
| 2 | Gulf International Bank | Manama | 1998 | 731 | 5.4 | 10,209 | 7.2 | 82 | -5.0 | 11.5 |
| 3= | Bank of Bahrain & Kuwait | Manama | 1998 | 265 | 1.1 |