CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

IPO subscription: Available online, with 0% finance offer

Published: 24 Oct 2019 - 01:04 am | Last Updated: 16 Nov 2021 - 11:07 am

The Peninsula

DOHA: Commercial Bank, Qatar’s first private bank, now offers eligible customers the opportunity to take part in IPO subscriptions, through their digital service for IPO (Initial Public Offerings) using the Bank’s Retail Internet Banking or Mobile Application.

This new feature allows customers to easily subscribe when an IPO is released, with the ability to scan documents and send attachments with their online application. Customers still have the choice to visit in person if required, however the digital service is comprehensive, also able to handle applications for minors, all in one place.

Amit Sah, EGM and Head of Retail Banking at Commercial Bank, said: “We are proud to provide customers with the opportunity to subscribe for IPOs, through Retail Internet Banking or our Mobile App, without the need to visit a branch. It is simple, easy and convenient and another example of how we look to make their lives easier. Our service goes beyond just registering for an IPO, with Commercial Bank’s digital solutions our customers can keep track of their IPO activity, enquire with a single click about our 0% financing offer and also see a range of most frequently asked questions about this topic”.