The Financial Institutions Division (FID) serves as the focal point for managing all aspects of QIB's business relationships with an extensive global network of domestic, regional and international banks.
The Financial Institutions Business Team manages and strengthens the Bank’s relationships with over 400 correspondent banks across 50+ countries. In addition to maintaining QAR Vostro Accounts for major international banks, the team also maintains Nostro relationships with international banks, ensuring smooth facilitation of trade transactions and customer payments in major global currencies.
Our division serves as a strategic gateway to Qatar’s trade and investment flows. We work in close coordination with QIB’s internal departments, overseas branches, and subsidiaries to facilitate seamless cross-border transactions and structured financial solutions.
As one of the leading Shari’a-compliant financial institutions in the region, QIB has built a strong reputation as the largest Shari’a-compliant trade finance handler in Qatar, supported by robust risk governance, disciplined counterparty management, and advanced technology infrastructure.
Our Offering
Financial Institutions delivers tailored solutions designed to support correspondent banks and institutional partners with the highest levels of efficiency, transparency, and compliance.
Trade Finance
- Back-to-back guarantees on behalf of suppliers, backed by counter-guarantees from domestic, regional and international banks
- LC advising, confirmation, and negotiation
- Import/Export documentary collections
- Risk participation in secondary market transactions
- Trade-based financing
Cash Management & Correspondent Banking
- Nostro and Vostro account management
- Cross-border payment processing
- Clearing and settlement services
- Operational coordination and transaction support
Financing Solutions
- Bilateral facilities
- Club deals and syndicated financing
- Islamic structured financing
Risk & Counterparty Management
- Structuring and monitoring of counterparty credit lines
- Sovereign exposure management
- Shari’a-compliant transaction structuring
- Ongoing compliance and due diligence coordination
Our dedicated coverage team ensures proactive relationship management, timely execution, and operational excellence across all engagements.
Contact us:
For queries, enquiries and support, you can:
- Call us: +974 40334701
- Email: fid@qib.com.qa
- Visit us: QIB Head Office – QIB Towers (Tower B) - 32nd Floor
- P.O Box: 559, Doha Qatar
FAQs
QIB maintains relationships with regulated banks, Islamic financial institutions, investment companies, asset managers, broker dealers, and commodity trading houses globally.
Yes. All products and services are structured in accordance with Shari’a principles, with strong governance and internal Shari’a supervision.
Yes. QIB actively participates in bilateral, club, and syndicated facilities for banks and sovereign-related entities, subject to internal approval and credit assessment.
Vostro Accounts: QIB may open Qatari Riyal accounts for foreign and or domestic banks. Vostro account opening consideration undergoes detailed review where in addition to KYC / AML parameters, purpose of account is understood and checks and balances put in place to ensure that the account(s) is used for specific purpose, not deviated and not used for Pay Through or Nesting activities.
We provide comprehensive solutions, including trade finance, cash management, bilateral and syndicated financing, treasury products & services, and customized counterparty credit line and sovereign limit structuring.
Yes, we offer a full suite of trade finance services for Import and export businesses, including Letters of Credit (LCs) and Letters of Guarantee (LGs) to facilitate international trade.