Commercial Bank Successfully Issues Qar 500 Million Bonds

Doha, Qatar- 23 July 2025: The Commercial Bank P.S.Q.C. (“CBQ”), rated A2 by Moody’s, A- by S&P and A by Fitch with stable outlook, successfully issued a 3-year tenor, QAR 500 million Senior-Unsecured Bonds with a coupon of 4.90%. The Bonds were issued under its EMTN programme and are listed on the Euronext Dublin. The successful completion of this transaction underscores the robustness of the Qatari economy and CBQ’s strong credit fundamentals. The issuance is the largest local currency bond issuance to date by a Financial Institution in Qatar, reaffirming CBQ’s standing as a leading financial institution in the region with strong presence in the domestic and international capital markets. DBS Bank and Standard Chartered Bank acted as the Joint Lead Managers to the issuances. Joseph Abraham, Group Chief Executive Officer of Commercial Bank said: “This initiative reaffirms Commercial Bank’s leadership in bringing new instruments to our local and international institutional and retail investor bases. The strong investor response reaffirms the confidence in the Bank and the State of Qatar and credit ratings reflect our proactivity in risk management and robust liquidity; both of which are integral to executing our corporate strategic vision.”