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Market: Qatar Symbol: CBQK ISIN: QA0007227752 Industry: Banks

Incorporated in 1974 as the first private bank in the country, Commercial Bank is today one of the leading financial institutions in Qatar with a profitable track record since inception. We continue to play an important role in driving innovation and raising service standards in banking across the region through our investment in new technology, a clear focus on customers and prudent management.

Our country-wide network includes 30 branches, 173 ATMs and 8 cheque book printing machines, and we also own and operate exclusive ‘Diners Club’ franchise in Qatar and Turkey. We are listed on the Qatar Exchange and were the first Qatari bank to list its Global Depository Receipts on the London Stock Exchange. Commercial Bank’s bonds issuance is listed on the Irish Stock Exchange and the Swiss Exchange (SIX).

Expanding its geographical footprint, Commercial Bank is 100% owner of Alternatif Bank in Turkey and has strategic partnerships with the National Bank of Oman (NBO) and United Arab Bank (UAB).

These strategic alliances enable Commercial Bank to offer integrated services across the region, including crossborder services for corporate banking and capital markets, trade services for Corporate Banking customers, private banking services and syndicated loans in all our alliance markets.

Our continual investment in technology and people, together with our strong capital base, provides a solid foundation for further growth. Commercial Bank has a robust financial position, with total assets of QAR 165.8 billion as at 31 December 2024 and a capital adequacy ratio of 17.2%. The Bank enjoys strong credit ratings of (A3) from Moody’s, (A) from Fitch, and (BBB+) from Standard & Poor’s.

True to our pioneering origins and history of success, we are dedicated to supporting Qatar’s economic development and social infrastructure through Corporate Social Responsibility programmes and sponsorship of various events, which help to raise Qatar’s profile internationally.

Share data 12/02/2025
Currency QAR Volume 2,297,873
Previous Close 4.574 Number of Shares (mil) 4,047.25
Change (%) -0.13 Market Cap (mil) 18,512.14
Key Figures 
Financial Highlights
In QAR million, except per share amounts and as stated otherwise 2024 2023 2022
Net interest income 3,317 3,867 3,963
Net operating income 4,556 5,489 5,294
Net profit 3,032 3,010 2,811
Total assets 165,813 164,376 169,136
Lending to customers 91,480 91,490 98,016
Basic/diluted earnings per share in QAR 0.71 0.71 0.66
Dividends declared per ordinary share including bonus shares in QAR 0.30 0.25 0.25
Closing market price per ordinary share in QAR (at year end) 4.35 6.20 5.00
Book value per ordinary share in QAR 6.54 6.03 5.97
Long-term debt (at year end) 35,465 34,166 27,786
Shareholders’ equity (at year end) 26,489 24,406 24,171
Return on average shareholders’ equity 11.9% 12.3% 12.0%
Return on average assets 1.8% 1.8% 1.7%
Capital adequacy ratio 17.2% 14.9% 17.3%
Full-time employees (at year end) - 2,301 2,233