05/07/2018 08:14 AST

Commercial Bank has extended its best in class ‘60 seconds’ online remittances to Nepal and Pakistan. Customers can now send money home to Nepal and Pakistan in less than a minute using Commercial Bank’s award winning Mobile Banking App or Internet Banking.

The ‘60 seconds’ online remittance service was first introduced by Commercial Bank last year to bank accounts in India, and the initiative has since been extended to the Philippines, Sri Lanka and now Nepal and Pakistan. Catering for Qatar’s large expatriate populations, Commercial Bank customers can send funds instantly to Habib Bank accounts in Pakistan, or within 20 minutes to other bank accounts. For customers sending funds to Nepal, this is within 60 seconds to Global IME Bank accounts, and same day credit for transfers initiated to other affiliated Nepalese banks.

Remitting money using Commercial Bank’s simple, secure and convenient Mobile Banking App and Internet Banking offers many advantages to Nepalese and Pakistani customers, as it eliminates the need to spend time in queues at exchange houses and they can transact at their convenience, 24 hours a day, seven days a week.

The online remittance service also features market leading exchange rates and competitively priced fees.

Commercial Bank EGM, Head of Retail and Consumer Banking, Amit Sah (pictured), said: “Commercial Bank is the best remittance bank in Qatar, offering a fast and easy service combined with competitive rates and fees for our customers. We have invested in our Internet and Mobile Banking platforms to create a world class remittance service and we are delighted to provide our unique ‘60 seconds’ remittances to Nepal, Pakistan, India, Sri Lanka and the Philippines.”


The Peninsula

Commercial Bank’s 9-month net profit jumps to QR1.26bn

24/10/2018

The Commercial Bank, its subsidiaries and associates (Group) reported a net profit of QR1.26bn for the nine months ended September 2018, a significant 386 percent jump as compared to QR259m recorded

The Peninsula

Commercial Bank’s network expansion plans to cover Doha Metro

04/10/2018

Commercial Bank, one of the leading banking and financial services providers in Qatar, is on an expanding spree both in Qatar and overseas markets.

The bank is planning to open several new

The Peninsula

Commercial Bank customer wins ‘dream holiday package’

25/09/2018

As part of Commercial Bank commitment to constantly reward clients for their loyalty, the Commercial Bank presented a dream holiday package to Krishna Srinivisan, the winner of this year’s Commercial

The Peninsula

Ticker Price Volume
SABIC 119.00 3,097,278
QNBK 196.19 65,305
STC 80.90 227,141
DSI 0.37 0
SAICO 11.48 1,245,614
SFICO 25.50 1,002,202
BURUJ 24.50 139,049
CBQK Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
QNBK 196.19 0.22 (0.11%)
QIBK 152.00 0.16 (0.10%)
MARK 38.70 0.31 (0.80%)
QIIK 62.87 -0.06 (-0.10%)
DHBK 19.80 -0.10 (-0.51%)
Emaar and Noor Bank offer fast-track home finance

18/11/2018

Emaar Development, the global developer, has partnered with Noor Bank, a leading Shari’a-compliant bank in the UAE, to offer an exclusive, fast-track home financing programme for UAE residents and in

The Gulf Today

Dana Gas nine months net profit falls

15/11/2018

Dana Gas said on Wednesday its nine months net profit fell to Dh149 million from Dh458 million in the same period last year. However, revenues in the same period rose 6 per cent at Dh351 million. Th

Gulf News

Acquisition and stake sale drive Tabreed’s net profit

15/11/2018

Gains from the acquisition of another district cooling entity helped Tabreed record a 10 per cent net profit growth to Dh319.3 million for the period from January to end of September.

Tabr

Gulf News

Adnoc to invest Dhs5.1b in Bu Hasa field

15/11/2018

The Abu Dhabi National Oil Company (Adnoc) on Wednesday announced an Dhs5.1 billion ($1.4 billion) investment to upgrade and expand its Bu Hasa field that will increase crude oil production capacity

The Gulf Today

Gulf Capital sells 74pc stake of PET subsidiary

15/11/2018

Gulf Capital, one of the largest and most active alternative asset managers in the Middle East, said that its portfolio company, Middle East Glass (MEG), successfully sold a 74 per cent stake in its

Trade Arabia