Established as the “Ottoman Bank” in 1956, the International Bank of Qatar (ibq) is one of the oldest banks in Qatar and is a well-established commercial institution headquartered in Doha, Qatar. The Bank offers the full range of corporate, private and retail banking solutions. ibq has a network of branches, service centres and ATMs strategically located throughout the country.
ibq’s corporate banking has longstanding relationships with strong Qatari companies as well as international ones operating in the country.
ibq’s private banking is marketing its wealth management platform specially designed to enhance the products and service offering to clients.
ibq’s retail banking is known for its innovative approach in designing products, in particular on mortgage solutions and special personal loans throughout the year.
ibq has received various international accolades which are testaments to its position as one of Qatar’s leading banks. The bank has received various awards for its Private Banking, Retail Banking and Corporate Banking services from Global Brands Magazine, Euromoney, Arabian Business, International Banker, International Finance Magazine, Global Banking and Finance Review, The Banker Magazine and Banker Middle East. The latest awards include:
The bank was renamed "ibq" in August 2004 when National Bank of Kuwait (NBK) acquired a 20% stake in the bank and assumed management responsibilities, and increased its share to 30% in 2007.
In 2014, NBK sold back their 30% share to Qatari investors.