Qatar · Financial institution
The Commercial Bank (P.S.Q.C)
Legal name in the LEI recordTHE COMMERCIAL BANK (P.S.Q.C.)
The Commercial Bank (P.S.Q.C.) is a Qatari public shareholding company with its head office in Doha. It was incorporated in 1974 and describes itself as the first private bank in Qatar. Its shares are listed on the Qatar Stock Exchange, and Qatar Holding LLC is the only shareholder above 5%. The bank provides wholesale, retail and wealth banking in Qatar. It also owns Alternatif Bank in Türkiye and holds stakes in National Bank of Oman and United Arab Bank.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- CBQAQAQAXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under CBQAQAQA directly.
- Swift GPI
- Live member
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- 1 branch code
- BIC first registered
- 1993-09-06
- Last updated
- 2023-05-10
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Publicly listed
Ticker CBQK
Institution type
Commercial bank
Trades as Commercial Bank
- Ownership
- At 31 December 2025, Qatar Holding LLC held 16.3% and total government ownership was 21.3%. Qatari shareholders held 72.0% and foreign investors 28.0%.
- Major shareholder
- Qatar Holding LLC 16.3% · 31 Dec 2025
- Stock listing
- Qatar Stock Exchange CBQK
- Head office
- Commercial Bank Plaza, Building No. 14, Street No. 945, Zone No. 60 (P.O. Box 3232), Doha, Qatar
- Name in the local language
- البنك التجاري (ش.م.ع.ق.)
- Former name
- The Commercial Bank (Q.S.C.)
Business lines
The bank reports wholesale banking, retail banking and international segments. The international segment includes Alternatif Bank in Türkiye and associate stakes in the UAE and Oman.
Online
- Websites & references
- cbq.com.qa ↗
cbq.qa ↗ alternative official domain (pages are canonicalised to cbq.com.qa)
Wikipedia ↗ - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗ · TikTok ↗
Sources · 13 pages consulted
- cbq.com.qa/en
- cbq.qa/en/about-us/who-we-are/executive-management
- cbq.com.qa/en/about-us/who-we-are/board-of-directors
- cbq.com.qa/en/personal/ways-to-bank/correspondent-bank-list
- cbq.com.qa/-/media/project/cbq/cbqwebsite/documents/corporate-affairs/agm-2026/corporate-governance-
- cbq.com.qa/en/investor-relations/corporate-governance/corporate-information
- cbq.com.qa/en/about-us/news/list/the-commercial-bank-financial-results-for-the-three-months-ended-31
- cbq.com.qa/en/about-us/news/list/commercial-bank-appoints-stephen-moss-as-group-chief-executive-offi
- cbq.com.qa/en/about-us/news/list/commercial-bank-announces-key-senior-management-appointments-to-dri
- thepeninsulaqatar.com/article/27/07/2026/commercial-bank-net-profit-before-pillar-two-tax-reaches-qr10830m-in-h
- thepeninsulaqatar.com/article/17/03/2026/commercial-bank-holds-agm-1
- gulf-times.com/article/729971/business/commercial-bank-reports-net-profit-of-qr108bn-in-h1
- en.wikipedia.org/wiki/Commercial_Bank_of_Qatar
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Stephen Moss
Group Chief Executive Officer
- Chair
-
Sheikh Abdulla Bin Ali Bin Jabor Al Thani
Chairman
- Chief financial officer
-
Noman Ali
EGM Chief Financial Officer and Chief Sustainability Officer
- Executive
-
Omar Hussain Ibrahim Alfardan
Vice-Chairman and Managing Director (representing Al Gassar Capital)
- Executive
- Muzaffer Gokhan Songul Acting EGM, Chief Risk Officer
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Qatar
- Qatar Central Bank Central bankPrudential supervisorAML supervisor
Recent events
Researched 29 Sep 2026 · Sources
-
Leadership
The bank appointed Eiman Mohamed Al-Naemi as Chief Communications and Marketing Officer and Nasser Abdulla Al-Harmi as Chief Human Capital Officer.
cbq.com.qa ↗ -
Leadership
Shareholders elected a new board for 2026 to 2028, which re-elected Sheikh Abdulla Bin Ali Bin Jabor Al Thani as Chairman.
thepeninsulaqatar.com ↗ -
Leadership
Stephen Moss succeeded Joseph Abraham as Group Chief Executive Officer on 1 August 2025.
cbq.com.qa ↗ -
Leadership
Vice Chairman Hussain Ibrahim Alfardan retired from the board, and Omar Hussain Alfardan was appointed Vice Chairman and Managing Director.
cbq.com.qa ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- CBQAQAQAXXX
- How the BIC breaks down
- CBQABank
- QACountry · Qatar
- QALocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 2138004FUUD4I7X8H721
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Qatar · Middle East & North Africa
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
The The Commercial Bank (P.S.Q.C.) group has 2 institutions in the directory, in 2 countries: all hold a BIC.
Including Alternatifbank A.S.
See the The Commercial Bank (P.S.Q.C.) group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- COMMERCIAL BANK PLZ 380 AL MARKHIYAH STREET 60 AL DAFNA AREA DOHA 3232 QATAR
- Operational address
- 380 AL MARKHIYAH STREET DOHA 3232 DOHA POB 3232 QATAR
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>CBQAQAQAXXX</BICFI>
<LEI>2138004FUUD4I7X8H721</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>CBQAQAQAXXX</BICFI>
<LEI>2138004FUUD4I7X8H721</LEI>
<Nm>THE COMMERCIAL BANK (P.S.Q.C)</Nm>
<PstlAdr>
<TwnNm>DOHA</TwnNm>
<Ctry>QA</Ctry>
<AdrLine>COMMERCIAL BANK PLZ 380 AL MARKHIYAH STREET 60 AL DAFNA AREA DOHA 3232</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Network
Branches and correspondent banking
One branch BIC connects to the head office. The bank publishes 47 accounts at other banks, across 6 regions. 4 other banks publish 4 accounts held with this bank.
- Own offices
- Correspondent banks: it holds accounts there
- Respondent banks: they hold accounts here
Hover over a branch, account or group to see its details
Correspondent accounts
Researched 29 Sep 2026 · Sources
47 accounts at other banks, in 29 currencies, for settlement (SSI), as the bank publishes them: cbq.com.qa ↗
| Currency | Correspondent | BIC | Account | Directory check |
|---|---|---|---|---|
| AED | COMMERCIAL BANK OF DUBAI LTD DUBAI, UAE United Arab Emirates | CBDUAEAD | 1000117265 AE470230000001000117265 | Matches the Swift directory |
| AED | UNITED ARAB BANK SHARJAH, UAE United Arab Emirates | UARBAEAA | 0001-000120-001 AE960460000001000120001 | Directory name differs UNITED ARAB BANK |
| AUD | AUSTRALIA & NEW ZEALAND BANKING GROUP LTD. MELBOURNE, AUSTRALIA Australia | ANZBAU3M | 921056UAD00001 | Matches the Swift directory |
| BDT | BRAC BANK DHAKA, BANGLADESH Bangladesh | BRAKBDDH | 1501204485112000 | Matches the Swift directory |
| BHD | NATIONAL BANK OF BAHRAIN BSC MANAMA, BAHRAIN Bahrain | NBOBBHBM | 0099037866 BH09NBOB00000099037866 | Matches the Swift directory |
| CAD | BANK OF MONTREAL MONTREAL, CANADA Canada | BOFMCAM2 | 31441044270 | Matches the Swift directory |
| CHF | ZURCHER KANTONALBANK ZURICH, SWITZERLAND Switzerland | ZKBKCHZZ80A | 0-0700-01367951 CH74 0070 0070 0013 6795 1 | Matches the Swift directory |
| CNY | INDUSTRIAL & COMMERCIAL BANK OF CHINA (QFC) DOHA, QATAR Qatar | ICBKQAQA | 0130000100000013131 | Directory name differs INDUSTRIAL AND COMMERCIAL BANK OF CHINA, LIMITED |
| EGP | ARAB AFRICAN INTERNATIONAL BANK CAIRO, EGYPT Egypt | ARAIEGCX | 6246794010EGP001 | Directory name differs ARAB AFRICAN INTERNATIONAL BANK (HEAD OFFICE) |
| EGP | HSBC BANK EGYPT SAE CAIRO, EGYPT Egypt | EBBKEGCX | 071-063994-001 EG220025007100000071063994001 | Matches the Swift directory |
| EGP | COMMERCIAL INTERNATIONAL BANK (EGYPT) SAE GIZA, EGYPT Egypt | CIBEEGCX | 100056884259 | Directory name differs COMMERCIAL INTERNATIONAL BANK, SAE |
| EUR | COMMERZBANK AG FRANKFURT, GERMANY Germany | COBADEFF | 400-8816035-01 DE52500400000881603501 | Matches the Swift directory |
| EUR | DEUTSCHE BANK AG FRANKFURT, GERMANY Germany | DEUTDEFF | 100 9565680 00 DE92 5007 0010 0956 5680 00 | Matches the Swift directory |
| EUR | STANDARD CHARTERED BANK AG FRANKFURT, GERMANY Germany | SCBLDEFX | 500222907 DE31512305000500222907 | Matches the Swift directory |
| EUR | UNICREDIT BANK AG MUNICH, GERMANY Germany | HYVEDEMM | 69115063 | Matches the Swift directory |
| GBP | BARCLAYS BANK PLC LONDON, UK United Kingdom | BARCGB22 | 20325370628999 | Matches the Swift directory |
| GBP | LLOYDS BANK PLC LONDON, UK United Kingdom | LOYDGB2L | 00888307 GB05LOYD30406500888307 | Matches the Swift directory |
| HKD | THE HONGKONG & SHANGHAI BANKING CORP. LTD HONGKONG, HONGKONG Hong Kong SAR China | HSBCHKHH | 808-612246-001 | Matches the Swift directory |
| INR | HDFC BANK LTD. MUMBAI, INDIA India | HDFCINBB | 00600390000500 | Matches the Swift directory |
| INR | ICICI BANK LTD. MUMBAI, INDIA India | ICICINBB | 000405075199 | Matches the Swift directory |
| INR | STANDARD CHARTERED BANK MUMBAI, INDIA India | SCBLINBB | 22205244870 | Matches the Swift directory |
| JOD | ARAB JORDAN INVESTMENT BANK AMMAN, JORDAN Jordan | AJIBJOAX | 0202 0010107 001 0410 000 JO49 AJIB 2020 0001 0107 0010 4100 00 | Matches the Swift directory |
| JOD | THE HOUSING BANK FOR TRADE AND FINANCE AMMAN, JORDAN Jordan | HBHOJOAX | 0005936700101001 JO54 HBHO0010000005936700 101001 | Matches the Swift directory |
| JPY | MIZUHO BANK LTD TOKYO, JAPAN Japan | MHCBJPJT | 2807010 | Matches the Swift directory |
| KWD | THE COMMERCIAL BANK OF KUWAIT KPSC SAFAT, KUWAIT Kuwait | COMBKWKW | 0010096452103414014 | Matches the Swift directory |
| KWD | NATIONAL BANK OF KUWAIT SAKP SAFAT, KUWAIT Kuwait | NBOKKWKW | 1000445710 KW56NBOK0000000000001000445710 | Matches the Swift directory |
| LKR | SAMPATH BANK PLC COLOMBO, SRI LANKA Sri Lanka | BSAMLKLX | 002984001706 | Matches the Swift directory |
| NOK | DNB BANK ASA OSLO, NORWAY Norway | DNBANOKK | 70030204091 | Matches the Swift directory |
| NPR | GLOBAL IME BANK LIMITED KATHMANDU, NEPAL Nepal | GLBBNPKA | 9901010000043 | Matches the Swift directory |
| NPR | NABIL BANK LIMITED KATHMANDU, NEPAL Nepal | NARBNPKA | 02009017500073 | Matches the Swift directory |
| NZD | ANZ NATIONAL BANK LTD. WELLINGTON, NEW ZEALAND New Zealand | ANZBNZ22 | 921056NZD000001 | Matches the Swift directory |
| OMR | NATIONAL BANK OF OMAN MUSCAT, OMAN Oman | NBOMOMRX | 1068-001327-001 | Matches the Swift directory |
| PHP | BDO UNIBANK INC. MAKATI, PHILIPPINES Philippines | BNORPHMM | 003000453223 | Matches the Swift directory |
| PHP | METROPOLITAN BANK & TRUST COMPANY MAKATI, PHILIPPINES Philippines | MBTCPHMM | 7423767211113 | Matches the Swift directory |
| PKR | HABIB BANK LTD KARACHI, PAKISTAN Pakistan | HABBPKKA | 00070900866403 | Matches the Swift directory |
| PKR | HABIB METROPOLITAN BANK LIMITED KARACHI, PAKISTAN Pakistan | MPBLPKKA | 61120343714702592 | Matches the Swift directory |
| QAR | QATAR CENTRAL BANK DOHA, QATAR Qatar | QMAGQAQA | CBQAQAQA | Matches the Swift directory |
| SAR | THE SAUDI BRITISH BANK RIYADH, SAUDI ARABIA Saudi Arabia | SABBSARI | 003-696531-021 SA1845000000003696531021 | Matches the Swift directory |
| SAR | RIYAD BANK RIYADH, SAUDI ARABIA Saudi Arabia | RIBLSARI | 9250 30946 9940 | Matches the Swift directory |
| SEK | SKANDINAVISKA ENSKILDA BANKEN STOCKHOLM, SWEDEN Sweden | ESSESESS | 5201-85-303-48 | Matches the Swift directory |
| SGD | STANDARD CHARTERED BANK SINGAPORE, SINGAPORE Singapore | SCBLSGSG | 0102199841 | Matches the Swift directory |
| TRY | ALTERNATIFBANK AS ISTANBUL, TURKEY Türkiye | ALFBTRIS | 91595532016353 TR570012400000553201600021 | Matches the Swift directory |
| USD | CITIBANK NA NEW YORK, USA United States | CITIUS33 | 36129164 | Matches the Swift directory |
| USD | HSBC Bank USA NEW YORK, USA United States | MRMDUS33 | 000174076 | Matches the Swift directory |
| USD | JP MORGAN CHASE BANK NA NEW YORK, USA United States | CHASUS33 | 001-1-731155 | Matches the Swift directory |
| USD | WELLS FARGO BANK NA SAN FRANCISCO, USA United States | PNBPUS3N | 2000193006650 | Matches the Swift directory |
| ZAR | STANDARD BANK OF SOUTH AFRICA JOHANNESBURG, SOUTH AFRICA South Africa | SBZAZAJJ | 7221552 | Matches the Swift directory |
Web page titled 'List of principal settlement banks', described as Standard Settlement Instructions in force until advised otherwise. The page shows no date. All 47 rows were extracted as published, including IBANs where printed. The JPY BIC is printed with spaces ('MHCB JP JT'). The QAR row prints CBQAQAQA in the account column and QMAGQAQA as the settlement bank's Swift code. Each correspondent BIC is checked against the Swift directory: a BIC missing from it, or registered to a differently named bank, may be a typo or out of date. Confirm settlement instructions with the bank before relying on them.
Respondent banks
From the correspondent lists other banks publish
4 other banks publish 4 accounts held with this bank.
| Currency | Respondent bank | Held at | Account | Purpose | Published in |
|---|---|---|---|---|---|
| QAR | Banca Monte Dei Paschi di Siena Italy | CBQAQAQA Listed as The Commercial Bank of Qatar, Doha | 4010-004598-001 | commercial transactions; same account listed for MM and FX | gruppomps.it ↗ dated Nov 2022 |
| QAR | Bayerische Landesbank, Muenchen Germany | CBQAQAQA Listed as The Commercial Bank PSQC, Doha | QA74 CBQA 0000 0000 4010 0043 | commercial payments | bayernlb.de ↗ dated 9 Feb 2026 |
| QAR | Raiffeisen Bank International AG Austria | CBQAQAQA Listed as Commercial Bank of Qatar, Doha | QA80CBQA000000004010004430001 | commercial payments | rbinternational.com ↗ |
| QAR | Turkiye Vakiflar Bankasi T.A.O Türkiye | CBQAQAQA Listed as THE COMMERCIAL BANK (Q.S.C) | 4010-004522-001 | — | vbassets.vakifbank.com.tr ↗ dated 2025 |
Each row is an account the respondent bank lists as held with this bank, as published. Only banks that publish their correspondent accounts, and that Elucidate has researched, can appear, so the list is not complete. Confirm settlement instructions with either bank before relying on them.
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| CBQAQAQACGT | — | Doha | 380 AL MARKHIYAH STREET DOHA 3232 DOHA POB 3232 QATAR | — | 2023-05-10 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: cbq.com.qa (official website) · original; Stephen Moss: cbq.com.qa (official website) · original; Sheikh Abdulla Bin Ali Bin Jabor Al Thani: cbq.com.qa (official website) · original; Noman Ali: cbq.com.qa (official website) · original; Omar Hussain Ibrahim Alfardan: cbq.com.qa (official website) · original.
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