Receiving government approval in 1973, the Bank’s Articles of Association were drawn up in 1974. Commercial Bank finally opened for business in a small two-storey building off the old Arab Bank roundabout (now Souq Najada) on 10 April 1975.
Sheikh Ali bin Jabor Al-Thani, acting as Commercial Bank’s Chairman of the Board, appointed the 10 original directors, including Abdul Ghani Abdul Ghani as Deputy Chairman, Hussain Alfardan as Managing Director, and Ahmed bin Khalifa Al-Thani, Nasser bin Faleh Al-Thani, Khalifa Abdullah Al-Attiyah, Jassim Mohammad Jabor Al-Mosallam, Jassem bin Mohamed Al-Jaidah, Omar Al-Mana and Salmeem Al-Sowaidi as members of the board. This promise runs like a thread through the Bank from its earliest days, reflecting the entrepreneurial ambition of our founders.
It is inspired by the sense of possibility that defines the spirit of Qatar today. Commercial Bank promise drives everything it is doing, the Bank look to the future to meet tomorrow’s aspirations, whilst maintaining focus on today’s financial needs.
Commercial Bank aims to be agile enough to respond fast to new opportunities. Whether at home, at work or on the move, Commercial Bank customers can rely on a bank that operates in a 24-hour world. Whatever their ambitions, the bank go further to help its clients succeed.
Today, Commercial Bank take pride in being a Qatari bank in its country. Commercial Bank’s development over more than four decades has mirrored the spectacular growth of Qatar, and as a leader in the private sector, Commercial Bank has a responsibility to give back to Qatar. The bank supports economic diversity and sustainability through its innovative approach to business and it is helping to build Qatar’s human capital by investing in people and the community of which it has been part of since 1975.
Sheikh Abdulla Bin Ali Bin Jabor Al Thani | Chairman
Joseph Abraham | GCEO