After fifteen years of unwavering dedication since 2008, ICBC Doha has achieved remarkable progress and significant milestones.
Key accomplishments and milestones:
- RMB Clearing centre: In 2015, H.E. Sheikh Abdullah Bin Nasser Bin Khalifa Al-Thani, the Prime Minister of Qatar, and H.E. Sheikh Abdulla Bin Saoud Al-Thani, the Governor of the QCB, inaugurated the first RMB clearing centre in MENA.
- CIPS direct participant: In August 2021, ICBC Doha became the first batch of direct participants in the Cross-border Interbank Payment System (CIPS) in MENA.
- Green Financing Framework: In November 2022, ICBC Doha launched the first Green Financing Framework "GFF" among the ICBC overseas institutions, marking it as the first bank to introduce the GFF under QFC.
- Libor transition: In December 2022, ICBC Doha, in partnership with Qatar's leading bank, executed the first Libor transition deal of USD bond among financial institutions in MENA.
ICBC Doha has actively participated in key financial initiatives for local corporates and financial institutions. ICBC Doha extends financing business with esteemed clients in Qatar. Additionally, ICBC Doha offers comprehensive services to facilitate the trade and investment between Qatar and China.