Qatar Development Bank (QDB) was established in 1997 as the Qatar Industrial Development Bank, a 100% government-owned developmental organization. Its primary aim was to develop investments within local industries, thereby accelerating growth and economic diversification in Qatar through support for the private sector.
QDB has achieved significant milestones in recent years, playing a chief role in growing Qatar’s private sector. QDB has also played an integral role in stimulating national economic and social development, through funding a variety of local projects and providing support to the private sector through a range of innovative services. By adopting this strategy, QDB has contributed to empowering Qatari entrepreneurs, improving the standard of living, as well as allowing Qatari entrepreneurs to benefit from a wide range of promising investment opportunities, and to develop their exporting potentials while supporting their entry to new international markets.
QDB’s strategy is entirely in line with the Qatar National Vision 2030. It is focused on promoting and facilitating the growth of the private sector in key economic sectors, with the aim of building a diversified, sustainable economy.
QDB aims to promote entrepreneurship spirit within the private sector in Qatar through providing the necessary services that shall ease the growth, development, and diversification of this sector. In doing so, QDB offers access to information, incubation, and capabilities to SMEs, in addition to access to capital through direct and indirect financial services, investment and access to local markets, and access to international markets for Qatari exporters though export insurance and funding services.
Company Details
Qatar Development Bank Questions
Qatar Development Bank's helpline number is 974 44596666
Qatar Development Bank's website is qdb.qa
Qatar Development Bank's LinkedIn profile is https://qa.linkedin.com/company/qatar-development-bank
Qatar Development Bank has
807 employees.
View email and phone details for 807
employees at Qatar Development Bank.
Qatar Development Bank's industry is
Banking
Qatar Development Bank's top competitors are
Ahlibank Qatar,
Qatar Financial Centre (Qfc) Authority,
Qatar Investment Authority,
Alrayan Bank Group,
Lesha Bank,
Qatar Islamic Bank (Qib),
Commercial Bank,
Dukhan Bank,
Qnb Group,
Doha Bank.
Qatar Development Bank's categories are Banking
Qatar Development Bank's founding year is 1997
