List of Commercial Banks in Qatar

Key Takeaways

• Qatar hosts a diverse mix of local and international commercial banks.
• Major local banks include Qatar National Bank, Commercial Bank of Qatar, Doha Bank, Al Ahli Bank, and Qatar Development Bank.
• Several global banks operate branches in Qatar, such as Standard Chartered, HSBC, BNP Paribas, Arab Bank, Mashreq Bank, Bank Saderat Iran, and United Bank.
• The banking sector includes both conventional and Islamic institutions following recent merges like IBQ and Barwa Bank into Dukhan Bank.
• Regulatory oversight is provided by Qatar Central Bank and includes licensing for foreign banks under Qatar Central Bank or QFCRA.