THE MIDDLE EAST'S

TOP 30 BANKS 2022

18. Commercial Bank

Country : Qatar
Group CEO: Joseph Abraham
Market value: $7.8 billion
Revenues: $2.1 billion
Profits : $633 million
Assets: $45.5 billion

The Commercial Bank has 30 branches in Qatar. It also owns and operates the “Diners Club” franchise in Qatar and Turkey and the Alternatif Bank in Turkey. In February 2022, the bank collaborated with the Qatar General Electricity and Water Corporation “Kahramaa” to launch a direct debit service. Joseph Abraham has been CEO of the bank since 2016, before which he was CEO of ANZ Indonesia.