Organization: The International Bank of Qatar (ibq)
LEI 254900XK34O783KQX639, SWIFT IBOQQAQAXXX

the Qatar Stock Exchange on 14 June 2018 confirmed that Barwa Bank Q.S.C. will acquire The International Bank of Qatar. The International Bank of Qatar (ibq)* is a well established and rapidly growing commercial institution, offering a full range of retail, private, and corporate banking solutions. ibq has a strong commitment to build long-lasting relationships with its customers and provide them with excellent customer service with a focus on making banking simple, convenient and tailored to their needs. IBQ is one of the oldest existing banks in Qatar and celebrated its 50th anniversary in 2006. Read more about our history. ibq operates a growing network of 10 branches and service centres and 34 ATMs in strategic locations throughout Qatar. The bank is 30% owned and managed by the National Bank of Kuwait (NBK), the largest bank in Kuwait and the highest rated in the Middle East. ibq is a growing bank that benefits from an international network as a result of its affiliation with NBK which gives its customers access to greater resources and a wide range of international services. In June 2009, ibq was recognised as "the fastest moving bank in the Middle East” in The Banker magazine's Top 1,000 World Bank survey 2009. The commitment to customer relationships and best practice is reflected in the numerous awards won by the bank, including "Best Private Banking Services in Qatar" award for 2012 by "Euromoney Magazine", "Best Retail Bank in Qatar 2011" from Arabian Business and “Best Customer Service in the Middle East” award for 4 consecutive years 2008, 2009, 2010 and 2011 from 'Banker Middle East' Magazine.