Commercial Bank is studying the prospects of further expanding both within Qatar and abroad, said managing director Hussein Alfardan.
In Qatar, Commercial Bank is considering Lusail, which is under development.
“We do have land in a strategic location in Lusail…and we will go there once the ultra modern city develops,” Alfardan said in reply to a shareholder’s query at the Commercialbank general assembly meeting last night.
He said the bank was studying the prospects of getting into Turkey.
“We are already in the UAE through the United Arab Bank and in Oman with NBO.”
He said the bank’s business strategy had seen “it protecting core business in 2012, growing domestic corporate and retail businesses and delivering alternative sources of income”.
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