Established in 1974, the Commercial Bank operates 28 branches and 311 ATMs across Qatar. It has a presence in Türkiye, Oman, and the U.A.E. through its subsidiary and associates, Alternatif Bank, the National Bank of Oman, and the United Arab Bank. In September 2024, the Commercial Bank issued its inaugural green CHF-denominated bond in Qatar, raising $266.8 million. In March 2025, it collaborated with Citi to offer 24/7 USD cross-border transfers in Qatar.