The Commercial Bank
Established as the first private bank of Qatar in 1975, The Commercial Bank is one of the leading financial institutions of Qatar’s economy with its modern banking technologies and pioneering services. Having a high brand recognition in the Middle Eastern Region, The Commercial Bank has followed an expansion strategy acquiring 34,89% shareholding in the National Bank of Oman (S.A.O.G.) in Oman and 40% shareholding in the United Arab Bank (P.J.S.C.) and has been successfully continuing this strategy through its investments in Turkey.
The Alliance of The Commercial Bank & Alternatif Bank
Having become a 100% shareholder of Alternatif Bank as of the end of 2016 following the partnership that started in 2013, The Commercial Bank delivers outstanding high-level services in retail, corporate and investment banking segments in all of the countries that it operates in, particularly in Turkey and Qatar through this strategic alliance.
Recording a consolidated asset size of 39 billion USD, a deposit volume of 21 billion USD, a loan volume of 23 billion USD and a net profit of 248 million USD by September 2020, The Commercial Bank is considered among the most prestigious players in the market with its high credit rating score in addition to its financial success.
Considering Turkey as a crucial investment centre in the medium and long term, The Commercial Bank aims to support Turkish exporters helping them break into new markets and to deliver a flawless banking experience to its customers by offering favourable and comprehensive solutions that excel standard banking services.
