![Qatar Development Bank (QDB)](https://forbesme-prestaging-media.s3.us-east-2.amazonaws.com/lists/uploads/2021/12/08093626/IMG_20211208_123421_694.jpg)
Qatar Development Bank (QDB)
Rank: 9
Sector: Banking
Acting CEO: Abdulrahman Hesham Al Sowaidi
Date of establishment: 1997
QDB is a fully-owned government bank. It recently launched an added service under Qatar Export Development Agency to provide export financing and business development and promotion support to Qatar-based SME exporters. QDB provides business support through a set of initiatives and services associated with real estate development and housing loans to citizens, as well as direct and indirect financing of mandated sectors playing a key role in the diversification of the national economy in line with the Qatar National Vision 2030.