Page 40 - QBG

Financial and Banking Sector

CENTRAL BANK OF QATAR - WWW.QCB.GOV.QA

Established in 1993, Qatar Central Bank is authorized by law to issue the national currency and act
as the bank of the government and the bank of banks, in addition to its main task of managing
the monetary policy of the country. Its paid capital has been raised in line with the development
witnessed by the national financial and banking sector.

QATAR EXCHANGE - WWW.QE.COM.QA

Qatar Exchange (former Doha Securities Market) was established by law No 14 for 1995 and started
operation on the 26th of May1997.

On 14th September 2005, Law No 33 for 2005 amended by law #14 for 2007 establishing Qatar
Financial Markets Authority and Doha Securities Market was issued. According to this law, the
legislative and organizational task is assigned to the Authority, whereas the executive functions
in regards to stocks and their ownership and transfer and financial settlements between brokers
is given to Doha Securities Market.

The market entered a new phase since the issuance of law No 33 for 2009, which led to the
transformation of Doha Securities Markets into a joint stock company under the name of (Qatar
Exchange). This was intended to make a new structural shift so as to turn it into an international
bourse operating in accordance to the most advanced systems. To achieve this goal a decision
was taken to establish a partnership with Euronext holding 20% shareholding, after which Qatar
Exchange started operating under its new name on 21.6.2009.

COMMERCIAL BANKS

There are fourteen commercial banks operating in the Qatar. Among them there are even national
trade banks, two of which Islamic banks; and they all operate through 114 local branches.

List of Bank in The State of Qatar

Qatar National Bank www.qnb.com.qa

The Commercial Bank of Qatar www.cbq.com.qa

Doha Bank www.dohabank.com.qa

Qatar Islamic Bank www.qib.com.qa

Al Ahli Bank of Qatar www.ahlibank.com.qa

Qatar International Islamic Bank www.qiib.com.qa

Qatar International Bank www.ibq.com.qa

Al Rayan Bank www.alrayan.com

Barwa Bankf www.barwabank.com

Arab Bank www.arabbank.com.qa

Mashreq Bank www.mashreqbank.com

Al Khaliji Bank www.alkhaliji.com

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