Headquartered in Doha, Al Khalij Commercial Bank (al khaliji) is a member of the Qatar Exchange since 2007, with QAR33.7 billion in total assets and QAR17.3 billion in customer deposits as of December 31, 2012.
The lender, whose major shareholders are Qatari government entities with a 47 per cent ownership, has subsidiaries in the UAE and France. The bank offers corporate, commercial and personal banking and treasury services.
As part of its new mid-term strategy, al khaliji has appointed a contracting team specifically to address the needs of local and international contractors operating in Qatar across sectors such as oil and gas, infrastructure, and upcoming mega projects like the Doha Metro and integrated rail project.
Under this scheme, the bank provided financing facilities worth QAR1.66 billion to a venture between Midmac and Yuksel Insaat for their recently awarded Lusail Development for Primary Infrastructure project (CP4).