CBQ - West Bay Lagoon Branch

CBQ - West Bay Lagoon Branch is located at 234 Golf Playground Street, No.171, West Bay Lagoon, Doha 3232, Qatar. The Commercial Bank of Qatar is the largest of the private banks in Qatar. It was set up by a Qatari businessman, Hussain Alfardan. The Commercial Bank of Qatar was established in 1975 as the first private bank in the country. The bank started operations on April 10, 1975, out of a small two-story building in what is now Souq Najada. The company operates a network of 28 full-service branches and 172 ATMs. It was incorporated in 1974 and is based in Doha, Qatar.

Commercial Bank plays a vital role in Qatar’s economic development through offering a range of personal, business, government, international and investment services. Commercial Bank operates in Retail and Wholesale banking and makes strategic investments through its associates and subsidiaries​.

Most recently, Commercial Bank was awarded “Best Bank in Qatar” from Global Finance magazine on the sidelines of the 2018 Annual Meetings of the International Monetary Fund and World Bank Group. According to Brand Finance, Commercial Bank was also named among the world's top 500 financial brands for 2018, ranking third locally and 270 globally, up 12 on the same list compared to last year Commercial Bank was awarded the “Best Remittance Bank in the Middle East 2018”, “Best Retail Bank in Qatar 2018,” “SME Bank of the Year in the Middle East 2017,” and “Best Cash Management Bank in Qatar 2017” by The Asian Banker. In recognition of its CSR activities benefitting the Qatari community, Commercial Bank was awarded the “Best CSR Report”, at the Corporate Social Responsibility awards ceremony for organizations in Qatar. The Bank also won the “Best Investor Relations award for mid-cap companies” at the Qatar Stock Exchange’s annual IR awards ceremony in 2017 recognizing best practice in investor relations.

The Bank is dedicated to supporting Qatar’s community and social infrastructure through Corporate Social Responsibility and sponsorship of various events. Title sponsorship of the Commercial Bank Qatar Masters reflects the Bank’s promotion of excellence in sports and its keen interest in enhancing Qatar’s international sporting reputation.