* FTSEurofirst 300 index closes 1.2 percent higher

* Banks reverse falls, end higher

* ING falls after pricing rights issue

By Brian Gorman

LONDON, Nov 27 (Reuters) - Rising bank stocks led a broad rebound in European shares on Friday from the steep fall in the previous session triggered by concerns over Dubai's debt.

The pan-European FTSEurofirst 300 index of top shares ended up 1.2 percent at 999.59 points following a 3.3 percent fall on Thursday - the biggest daily decline in seven months - which traders felt was overdone.

Banks added the most points to the index, though nearly every sector gained.

BNP Paribas (BNPP.PA: Quote, Profile, Research), Banco Santander (SAN.MC: Quote, Profile, Research), Barclays (BARC.L: Quote, Profile, Research), Credit Suisse (CSGN.VX: Quote, Profile, Research), Deutsche Bank (DBKGn.DE: Quote, Profile, Research) and UBS (UBSN.VX: Quote, Profile, Research) rose between 1.2 and 2.8 percent.