Qatar First Investment Bank Qatar

Company: Qatar First Investment Bank Doha
Description: Investing, Banks, Financial Institutions, Companies
Telephone: Office: 4479902; Fax: 4479901; Mobile: 6916778
Detail: no-data
Url: no-data
Street: no-data
County: no-data
City: Doha
Postal Code: no-data
Filename: qatar-first-investment-bank
County and City: Doha, Doha
Country: State of Qatar, Dawlat Qatar

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Ian, 26.12.2008

Reported: Doha 8-Aug-08

Speaking today as the QFC Regulatory Authority authorised Qatar First Investment Bank, (QFIB) an Islamic financial institution, Chairman and CEO Phillip Thorpe expressed his pleasure that the QFC was welcoming another major Islamic finance operator. The investment bank, established by a number of prominent Qatari individuals and institutions with wide support from individuals and institutions around the GCC, plans to emerge as a significant Qatari financial institution with eventual regional ambitions. It receives QFC license number 91. Stressing the need to encourage the continued growth of high quality firms within Qatar’s financial services sector, Mr Thorpe also underlined the importance of Qatari owned institutions utilising the facilities offered by the QFC. He observed that this would ensure the country received the maximum benefits from the QFC’s efforts to create a strong, high quality, financial services environment.

“What makes this addition to the QFC so pleasing is that QFIB is a Qatari founded Islamic investment bank with a GCC-wide shareholder base and one which exemplifies Qatar’s ambition, energy and imagination.”

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