The Qatar Financial Centre has signed a Memorandum of Understanding with Commercial Bank to facilitate access to banking services for firms licensed on its platform. Under the arrangement, Qatar Financial Centre will promote Commercial Bank as a strategic banking partner, while the bank will offer customised banking products and services for eligible QFC firms and their employees, including immediate banking services for newly licensed firms. The agreement also sets a framework for collaboration in fintech and digital assets. It covers joint ecosystem engagement, events and hackathons, and the development and testing of tokenisation opportunities through the Qatar Financial Centre's Digital Assets Lab. The partnership also provides for workshops during the year to give QFC-licensed firms access to financial expertise and market insights.
Qatar Financial Centre 2026-05-13
Qatar Financial Centre signs Commercial Bank partnership to expand banking access for licensed firms and support tokenisation testing
The Qatar Financial Centre has signed a Memorandum of Understanding with Commercial Bank to facilitate access to customised banking products and immediate banking services for firms and employees licensed on its platform. The agreement also establishes a framework for collaboration in fintech and digital assets, including joint ecosystem initiatives and testing of tokenisation opportunities through the Qatar Financial Centre Digital Assets Lab.