Commercial Bank
Rank: 7
Sector: Banks & Financial Services
Date of establishment: 1975
Market value : $7.2 billion
Name: Joseph Abraham
Designation: Group CEO
The Commercial Bank is today one of the leading banks in Qatar with 29 branches. It also owns and operates the “Diners Club” franchise in Qatar and Turkey, and the Alternatif Bank in Turkey, and it has strategic partnerships with the National Bank of Oman and the United Arab Bank in the U.A.E. The bank’s net income increased by 84.7% to $585 million during the first nine months of 2021 compared to the same period in 2020. Joseph Abraham has been CEO of the bank since 2016, before which he was CEO of ANZ Indonesia.