Qatar Central Bank

By: EconomyWatch   Date: 9 September 2010

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Qatar Central Bank is the Central Bank of Qatar. The bank was established in the year 1993. Though the bank was established with an objective of issuing currency and acting as a bank for the Government, still in the present days it is working in so many fields.

Important objectives of the bank are as follows:

  • Issuing the domestic currency
  • Implementing monetary policy
  • Regulating banks and other financial institutions
  • Acting as a banker to the Government
  • Managing Foreign Exchange Reserves
  • Raising efficiency in the financial sector

For the smooth functioning of the bank, the bank has various divisions, which are as follows:Apart from this, the bank is also responsible for maintaining an interest rate structure, which is consistent with the scale of economic activity in the country.

  • Department of Banking Supervision
  • Department of Public Debt
  • Department of Banking Affairs and Issuance
  • Investment Department
  • Department of Administrative and Financial Affairs
  • Internal Audit Unit and
  • Banking Consumers' Service Unit

The Address and Contact details of the bank is as follows:

Qatar Central Bank

Address: PO Box 1234 Doha Phone No.: ++974-45 64 56  Fax: ++974-41 36 50


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