Commercial Bank offers dividends distribution for financial year 2014 for key Publicly Listed Companies on Qatar Exchange

Doha, Qatar:Commercial Bank, one of the leading full service banks in Qatar,will begin the season ofdividend distributionsby again providing anexperienced and skilledcollection system for the convenience of publicly listed companies’shareholders. Commercial Bank offers several dividend collection methods at all its 29 branches; represented in cash, cheque, and deposit into Commercial Bank accounts; or by transfer to any local or international bank accounts. The commencement of distributing the dividends will be announced in due course.

 

Customers can visit any CommercialBank branch to inquire about their dividend’s history and have the option to receive it in cash, cheque and / or a bank transfer for eligible dividends for previous years. If they have a Commercial Bank account, they can simply call our dividend hotlineon +974 44495444 available 24/7 to credit their dividends into their account with Commercial Bank hassle free.  For a local bank transfer, it will usually take up to two business days from the actual instruction date. You can also visit any of the mall branches in City Centre, Villagio, Landmark, Hyatt Plaza and Dar Salam Mall,which provides extended working hours up to 9:00pm and opened during the weekend.Commercial Bank will announce the commencement of distributing dividends for key publicly-listed companies on the Qatar Exchange in due course.

 

Commercial Bank EGM, Head of Government Relations, Khalifa Al Rayessaid:“Commercial Bank is always looking for creative ideas to innovate the dividend distribution mechanics to allow shareholders to receive their dividends easier and hassle free.   We encourage our customers to update their bank details with Qatar Central Securities Depository to allow automatic dividend credit. Commercial Bank continues to strive to be a leading provider for dividend distribution services.