The International Bank of Qatar (Arabic: بنك قطر الدولي), often branded ibq, was a private sector bank operating in Qatar founded in 1956.
ibq had a growing network of branches and ATMs covering most major locations across the country.
Starting as the Ottoman Bank on 1 November 1956, ibq underwent several ownerships in its history.
In July 2007, NBK increased its share of the bank to 30% and sold them back to Qatari investors in 2014.
[citation needed] In July 2015, ibq has received investment grade credit ratings of “A2” and “A+” assigned by Moody’s and Fitch Ratings, respectively.