Qatar Banking Guide

  • BNP Paribas: BNP Paribas in Qatar

  • Commercial Bank of Qatar: Commercial Bank of Qatar offers amn extensive range of banking and financial facilities

  • Doha Bank: The Largest private commercial Bank in the state of Qatar

  • HSBC Bank Middle East: HSBC in Qatar

  • Qatar Banking Training Institute: provides high quality training for the development of professional skills in the banking and financial sectors

  • Qatar Central Bank: Qatar Central Bank

  • Qatar Industrial Development Bank: Qatar Industrial Development Bank was established by Emiri Decree No. 14 of 1997. QIDB's objective is to play an active role in the economic and industrial development of the State of Qatar by helping diversify its industrial base through the promotion and financing of small and medium size industrial projects

  • Qatar Ladies Investment Company: Qatar Ladies investment Company QLIC is an organization dedicated to providing superior service to accommodate the investment needs of our investors. The Company was incorporated in April 1998 as a Closed Joint Stock Company, under the wise guidance of Her Highness, Sheikha Moza Bint Nasser Al Misnad the Consort of the Emir of Qatar along with the dedication of Sheikha Hanadi Bint Nasser Al Thani the managing Director

  • Qatar National Bank: Provides banking and investment services to individuals, small and middle businesses.
  • ANZ Grindlays Bank,PLc
  • The Arab Bank
  • The AlMashreq Bank
  • Ahli Bank QSC
  • Saderant Iran Bank
  • Qatar Islamic Bank
  • Qatar International Islamic Bank

Banking hours are from 7.30am-1pm, Sunday to Thursday; with some branches opening in the afternoons and Saturday mornings. QNB branches at City Center and The Mall are also open on Fridays and Saturdays. There is an increasing number of ATMs around town, the airport, shopping centers and hotels.

There are numerous exchange houses where you can exchange currency or buy drafts and they are all licensed by the Qatar Central Bank.
Currency of Qatar:The currency of Qatar is the Qatari Riyal (QR) which has full International Monetary Fund backing. It has a fixed exchange rate against the US dollar; $1 = QR3.65.

There are no restrictions on money transfers into or out of Qatar and it is normally possible to effect remittances in any currency.

Bank notes in circulation are in denominations of 500 riyals, 100 riyals, 50 riyals, 10 riyals, 5 riyals and one riyal (QR 1 = 100 dirhams). There are coins of 50 dirhams and 25 dirhams.