Commercial Bank of Qatar (P.S.Q.C.) (CBQ) commonly known as Commercial Bank, is a private sector

bank A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because ...

operating in

Qatar Qatar (, ; ar, قطر, Qaṭar ; local vernacular pronunciation: ), officially the State of Qatar,) is a country in Western Asia. It occupies the Qatar Peninsula on the northeastern coast of the Arabian Peninsula in the Middle East; it sh ...

since 1975. The bank offers a range of products and services across

retail Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and t ...

, and corporate banking divisions.

History

Hussain Alfardan established the bank in 1975 as the first private bank in Qatar.

References

Banks of Qatar Companies based in Doha Banks established in 1975 Qatari companies established in 1975 Companies listed on the Qatar Stock Exchange {{Qatar-stub