Commercial Bank (PSQC) 2024 AR2
The report highlights Commercial Bank of Qatar's performance in 2024, marking its 50th anniversary with a record net profit of QAR 3,032.1 million. The bank made significant progress in its sustainability journey by issuing its debut Green Bond for CHF 225 million, the largest CHF Green bond issued in Qatar. It also received the 'Best Green Financing Initiative' and 'Sustainable and Green Bank of the Year in Qatar' awards from the Asian Banker. Additionally, the bank expanded its digital banking solutions, with over 98% of retail financial transactions conducted through automated channels.
Company: Commercial Bank (PSQC)
Sector: Financials
Country: Qatar
Year: 2024
Type: AR2
Pages: 190
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Commercial Bank (PSQC)
Annual Report
The report highlights Commercial Bank of Qatar's performance in 2024, marking its 50th anniversary with a record net profit of QAR 3,032.1 million. The bank made significant progress in its sustainability journey by issuing its debut Green Bond for CHF 225 million, the largest CHF Green bond issued in Qatar. It also received the 'Best Green Financing Initiative' and 'Sustainable and Green Bank of the Year in Qatar' awards from the Asian Banker. Additionally, the bank expanded its digital banking solutions, with over 98% of retail financial transactions conducted through automated channels.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees