The Middle East’s
Top 100 Listed
Companies 2022
31. Commercial Bank
Country: Qatar
Sector: Banks & financial services
Group CEO: Joseph Abraham
Market Value: $8.3 billion
Sales: $2.1 billion
Profits: $633 million
Assets: $45.5 billion
The Commercial Bank has 30 branches in Qatar. It also owns and operates the “Diners Club” franchise in Qatar and Turkey and the Alternatif Bank in Turkey. In February 2022, the bank collaborated with the Qatar General Electricity and Water Corporation “Kahramaa” to launch a direct debit service. Joseph Abraham has been CEO of the bank since 2016, before which he was CEO of ANZ Indonesia.