The International Bank of Qatar (ibq) is an established private sector bank operating in Qatar since 1956. The bank offers a range of products and services across retail, private and corporate banking divisions.ibq has a growing network of branches and ATMs covering most major locations across the country.
Starting as the Ottoman Bank on 1 November 1956, ibq has undergone several ownerships in its history.In 1969 the Ottoman Bank sold its branches to the National and Grindlays Bank which later became known as Grindlays. In 1989, the bank changed names again to ANZ Grindlays when it was acquired by the Australia and New Zealand Banking Group. In 2000, the Standard Chartered Group acquired ANZ Grindlays, thereby taking over as major shareholder.
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