| End-of-day quote Qatar Exchange Other stock markets | ||
| - QAR | 0.00% |  |
| Jan. 27 | The Commercial Bank (P.S.Q.C.) Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
| Jan. 25 | Transcript : The Commercial Bank (P.S.Q.C.), Q4 2023 Earnings Call, Jan 25, 2024 |
Business Summary
Commercial Bank PSQC, formerly Commercial Bank QSC, is a Qatar-based financial institution that provided banking solutions. The Bank's operations are structured into two business segments: the Wholesale banking segment provides s a range of conventional commercial and investment banking services and products to large, medium and small enterprises, including corporate lending, trade finance, syndicated loans, deposits, letter of credit and guarantees, and the Retail Banking segment provides conventional retail banking services and products to retail customers in Qatar, including current and deposit accounts, wealth management, mortgage lending, personal and vehicle loans and credit card and other card services. The Bank operates through a network of nearly 29 full services branches and 152 automated teller machines (ATMs). In addition, the Bank owns and operates Diners Club franchises in Qatar and Oman.
Sales per Business
| QAR in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
Wholesale Banking 54.8% | 3,038 | 57.4% | 3,010 | 54.8% | -0.90% |
Retail Banking 31.2% | 1,598 | 30.2% | 1,712 | 31.2% | +7.13% |
Alternatif Bank 15.5% | 555 | 10.5% | 853 | 15.5% | +53.78% |
Unallocated and Intra-group Transaction -1.6% | 58 | 1.1% | -86 | -1.6% | -248.47% |
Sales per region
| QAR in Million | 2022 | Weight | 2023 | Weight | Delta |
|---|---|---|---|---|---|
Qatar 101.5% | 5,107 | 96.5% | 5,573 | 101.5% | +9.12% |
Other Middle East 19.5% | 880 | 16.6% | 1,073 | 19.5% | +21.87% |
Europe -11.3% | -484 | -9.1% | -618 | -11.3% | +27.65% |
Other Gulf Cooperation Council Countries -5.0% | 18 | 0.3% | -272 | -5.0% | -1,587.12% |
Rest of the World -4.2% | -214 | -4.0% | -233 | -4.2% | +8.93% |
North America -0.6% | -14 | -0.3% | -33 | -0.6% | +139.64% |
Managers
| Managers | Title | Age | Since |
|---|---|---|---|
Joseph Abraham CEO | Chief Executive Officer | - | 16-07-03 |
Farhan Mohamed DFI | Director of Finance/CFO | - | - |
Stefanos Mytilineos CTO | Chief Tech/Sci/R&D Officer | 51 | - |
Abdulla Al-Fadli CMP | Compliance Officer | - | - |
Leonie Lethbridge COO | Chief Operating Officer | - | 17-06-30 |
Parvez Khan CIO | Chief Investment Officer | - | 93-12-31 |
Omar Al-Fardan BRD | Director/Board Member | 56 | 01-12-31 |
Hussain Fahad Al-Fardan BRD | Director/Board Member | 98 | 74-12-31 |
Mary Ann Castro Agulto IRC | Investor Relations Contact | - | - |
Antonio Gamez Munoz PRN | Corporate Officer/Principal | - | - |
Members of the board
| Members of the board | Title | Age | Since |
|---|---|---|---|
Abdullah Al-Thani CHM | Chairman | 63 | 89-12-31 |
Hussain Fahad Al-Fardan BRD | Director/Board Member | 98 | 74-12-31 |
Omar Al-Fardan BRD | Director/Board Member | 56 | 01-12-31 |
Tariq Ahmad Al Malki Al-Jehani BRD | Director/Board Member | - | - |
Ibrahim Al-Othman Fakhroo BRD | Director/Board Member | - | - |
Abdul Rahman bin Hamad Al-Attiyah BRD | Director/Board Member | - | - |
Mohammed Al-Emadi BRD | Director/Board Member | 38 | 14-03-15 |
Salem Al-Mannai BRD | Director/Board Member | - | - |
Mohammed Al-Mosallam BRD | Director/Board Member | 46 | - |
Bader Omar Al-Dafa BRD | Director/Board Member | - | - |
Share class
| Vote | Quantity | Free-Float | Company-owned shares | Total Float | |
|---|---|---|---|---|---|
| Stock A | 1 | 4,047,253,750 | 3,367,781,250 ( 83.21%) | 0 | 83.21% |
Holdings
| Name | Equities | % | Valuation |
|---|---|---|---|
NATIONAL BANK OF OMAN SAOG 34.90% | 567,452,883 | 34.90% | 392,058,871 $ |
UNITED ARAB BANK 40.00% | 825,020,255 | 40.00% | 292,007,669 $ |
Company contact information
Group companies
| Name | Category and Sector |
|---|---|
CBQ Finance Ltd. | Finance/Rental/Leasing |
ALTERNATIFBANK A.S. | Major Banks |
Alternatif Finansal Kiralama AS Alternatif Finansal Kiralama AS Finance/Rental/LeasingFinance Alternatif Finansal Kiralama AS is engaged in equipment leasing and financing services. It also sells second hand machinery after the lease period ends. The company was founded in 1997 and is headquartered in Istanbul, Turkey. | Finance/Rental/Leasing |
Alternatif Yatirim Menkul Degerler AS Alternatif Yatirim Menkul Degerler AS Investment Banks/BrokersFinance Alternatif Yatirim Menkul Degerler AS provides securities brokerage services. Its activities include stock exchange, bonds, investment funds, and money market intermediation, discretionary portfolio management, limited custody services, as well as advisory on public offering, investments, and acquisitions. The company was founded on December 27, 1996 and is headquartered in Istanbul, Turkey. | Investment Banks/Brokers |
CB Global Trading Ltd. | |
Commercial Bank Financial Services LLC |
Sector
 | Financials | |||||
| ||||||
| Banking Services | |||||
| Banks | |||||
| Commercial Banks | |||||
Sales per Business
Sales per region
Sector Commercial Banks
| 1st Jan change | Capi. | |
|---|---|---|
AGRICULTURAL BANK OF CHINA LIMITED | +8.31% | 197 B$ |
PT BANK CENTRAL ASIA TBK | +6.65% | 78 967 M$ |
ANZ GROUP HOLDINGS LIMITED | +8.41% | 54 938 M$ |
INDUSTRIAL BANK CO., LTD. | -0.06% | 46 788 M$ |
CRÉDIT AGRICOLE S.A. | -2.61% | 40 769 M$ |
QATAR NATIONAL BANK (Q.P.S.C.) | -8.77% | 38 260 M$ |
CHINA CITIC BANK CO., LTD. | +14.13% | 38 006 M$ |
JAPAN POST BANK CO., LTD. | +7.14% | 37 068 M$ |
INVEST BANK | 0.00% | 32 241 M$ |
Commercial Banks
- Stock
- Equities
- Stock The Commercial Bank (P.S.Q.C.)
- Stock The Commercial Bank of Qatar Q.S.C. - Qatar Exchange
- Company The Commercial Bank of Qatar Q.S.C.
