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About The Commercial Bank

About The Commercial Bank

The Commercial Bank (P.S.Q.C.) was founded in 1975 and is today one of the leading financial institutions in Qatar’s fast-growing and diversified economy.‎ As Qatar’s first private bank, The Commercial Bank (P.S.Q.C.) plays an important role in the country’s economy by supporting a wide range of customers ranging from personal banking customers to local entrepreneurs to multinational companies.

A successful expansion strategy has grown its regional footprint through a 34.89% shareholding in National Bank of Oman and 40% shareholding in United Arab Bank in the UAE. Building on this successful regional expansion strategy, in 2013 The Commercial Bank (P.S.Q.C.) acquired a majority stake in Alternatif Bank further giving the opportunity to deliver integrated services and cross-border transactions for corporate banking and capital markets, commercial financing, private banking and syndication loans across Turkey, the UAE, Oman and Qatar through this strategic alliance.

The Commercial Bank (P.S.Q.C.), which in December 2016 became a 100% shareholder of Alternatif Bank, sees Turkey as an important investment centre in the mid- and long-term, and aims to deliver a flawless banking experience to all its customers.

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