The International Bank of Qatar (ibq) (Arabic: بنك قطر الدولي) is an established private sector bank operating in Qatar since 1956. The bank offers a range of products and services across retail, private and corporate banking divisions. ibq has a growing network of branches and ATMs covering most major locations across the country.
Starting as the Ottoman Bank on 1 November 1956, ibq has undergone several ownerships in its history.
In 1969 the Ottoman Bank sold its branches to the National and Grindlays Bank which later became known as Grindlays. In 1989, the bank changed names again to ANZ Grindlays when it was acquired by the Australia and New Zealand Banking Group. In 2000, the Standard Chartered Group acquired ANZ Grindlays, thereby taking over as major shareholder.
In August 2004, the bank was renamed International Bank of Qatar (ibq), when National Bank of Kuwait (NBK) acquired a 20% stake in the bank and assumed management responsibilities. In July 2007, NBK increased its share of the bank to 30% and sold them back to Qatari investors in 2014.
In July 2015, ibq has received investment grade credit ratings of “A2” and “A+” assigned by Moody’s and Fitch respectively
The International Bank of Qatar (IBQ) is one of the oldest existing banks in Qatar and celebrated its 60th anniversary in 2016. Established as the “Ottoman Bank” in 1956, IBQ has received various international and prestigious accolades which are testaments to its position as one of Qatar’s leading banks.
The Bank has a growing network of branches, service centers and ATMs strategically located throughout Qatar. The bank has received various awards for its Private Banking and Retail Banking services from Euromoney, Arabian Business, International Banker, International Finance Magazine, Global Banking and Finance Review, Banker Magazine and Banker Middle East.
IBQ’s corporate banking has longstanding relationships with strong Qatari companies as well as international ones operating in the country.
Their private banking is marketing its wealth management platform specially designed to enhance the products and service offering to clients. Meanwhile, their retail banking is known for its innovative approach in designing products, in particular on mortgage solutions and special personal loans throughout the year.
IBQ Head Office
Suhaim Bin Hamad Street
PO Box 2001, Doha
Tel: 4447 8000
Fax: 4413 1993
1. West bay
IBQ- Lagoona Branch is situated inside one of the most prestigious malls in Qatar.
Operating Hours: Saturday to Thursday 9:00 – 14:30 Hrs; Saturday to Thursday 15:30 – 21:00 Hrs; Friday: 16:30 – 21:00 Hrs
2. The C-Ring Road branch
Located on the C-Ring Road between the Cinema and Muntazah traffic lights
Operating Hours: Sunday to Thursday: 7.30 – 13.00 Hrs
3. The wakrah branch
Located in Al Wakra Main Street facing Wakra souq
Telephone: 4447 8000
Operating Hours: Sunday – Thursday: 7:30 am – 1:00 pm
4. Airport Road branch
Located on one of Doha’s main roads
Operating Hours: Sunday to Thursday 7.30 – 13.00 Hrs
5. Qatar Airways Branch
Located at the Qatar Airways Tower II building
Operating Hours: Sunday to Thursday: 7.30-13.00 Hrs
C Ring Road, Ras Abu Round
Wyndham Grand Regency Hotel ATM, Jawaan Street, Sports Roundabout
The Avenue Hotel ATM, Jawaan Street, Al Sadd
Ali bin Abdullah Street
Al-Jamiya Street (University Road)
Corner of Al Luqta Street, Al Gharrafa Street, Al Rayan
Khaled Bin Ahmed Street
Ras Laffan GTL ATM- in the GTL Industrial City (CDM- Cash Deposit Machine available)
Najma Street- woqod petrol station
Najma Street- Teyseer petrol station
Al Matar Street
Oryx Rotana Hotel – ATM, Al Matar Street
Ras Abu Aboud
Al Waab street
Villaggio Shopping Mall – ATM 1 (CDM)
Al Mirqab compound 2.
Near Food Court, Al Waab Road, Near Al-Khalifa Sport City
Club house of Al Mirqab compound 1.
Teyseer Service Station ATM, Salwa Road
Inside Sidra convenience store, Al Thakira
Al Khor mall
Asian Town outside cinema
Asian Town at Gate no: 4
Hamad International Airport ATM’s –
At the MOI Airport Passports Department Building in the Cargo Terminal of HIA
Hamad International Airport (HIA) Departure ATM
In the Arrivals Terminal close to (luggage) belt 7
Taxi Bay ATM