Commercial Bank is Qatar’s first private bank has a solid franchise, with over 45 years of innovation and customer service. Its countrywide network includes 29 full-service branches and 159 ATMs. The Bank is committed to helping support the development of Qatar’s economy and future sustainability in line with the goals of the economic pillar of the Qatar National Vision 2030. The Bank’s vision is to be ‘The Best Bank in Qatar’ based on the foundation of its values or 5 C’S. Corporate Earnings Quality, Client Experience, Creativity and Innovation, Culture, and Compliance. Commercial Bank has total assets of QAR 141.3 billion, customer deposits of QAR 76.9 billion and has achieved net profit of QAR 934 million as at 30 September 2019. As a full service commercial bank, the Bank offers a full range of corporate, retail and investment banking services as well as owning and operating the exclusive Diners Club franchise in Qatar. The Bank enjoys strong credit ratings of (A3) from Moody’s, (A) from Fitch, and (BBB+) from Standard & Poor’s. The Bank is listed on the Qatar Exchange and was the first Qatari bank to list its Global Depository Receipts (GDRs) on the London Stock Exchange. In 2019, Commercial Bank won the “Best Corporate Governance in Qatar 2019” award by World Finance magazine, “Remittance Product and Service of the Year 2019" for 60 Seconds Remittance Service for the second year in a row (The Asian Banker), “Best Retail Bank in Qatar 2019” for the third year in a row (by The Asian Banker), “Best Bank in Qatar 2018” (Global Finance), “Best Cash Management in Qatar 2018” for the third year in a row (The Asian Banker), “Best Transaction Banking service in Qatar 2018” (The Asian Banker).
The Commercial Bank (P.S.Q.C)