Commercialbank, Qatar’s second-largest lender by market value, will cease to provide National Bank of Oman, in which it is a majority holder, with management services, a statement on the Muscat stock exchange said yesterday. The Qatar bank owns 34.9% of
Commercialbank posted a 7% increase in its full-year net profit to QR1.64bn on the back of successful realignment of its business, which has enabled Qatar’s largest private sector bank to deepen its presence in both domestic retail and corporate
Commercialbank has received QR1.6bn from the Qatar Investment Authority on January 17 towards the QIA’s third subscription in the bank. The third subscription, which will be used to issue new ordinary shares in the bank subject to ratification at the