QATAR DEVELOPMENT BANK is a pioneering Bank that has adopted proactive initiatives and approaches related to financing of industrial projects. With QDB, dreams become destiny as we help to make your dreams come true. Take the first step .....and you will find us by your side providing you support and encouragement all the way.
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We believe that every project is special and requires a wide range of experiences to ensure its ultimate success. We have the experience that would help you save time, money and efforts. If you are not ready with the Feasibility Study, one visit to our Bank is enough. Our prime objective is to ensure the success of your project for which we can provide you with the necessary advice you need to overcome any obstacles that you may encounter related to your project.
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| Flexibility |
QATAR DEVELOPMENT BANK is your partner that you can depend upon. You can take advantage of our competitive financing terms and conditions that we provide for every new project or for modernizing, updating and expanding and existing one. You will find us flexible when you consider the attractive options and benefits of dealing with us.
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 | Our finance covers 80% of the cost of the Main Production Equipment, provided it does not exceed 60% of the Total Cost of the Project. We provide financing for imports of raw materials and for exports.
| | We provide easy term loans and our repayment period extends to eight (8) years for new projects, with two (2) years grace period renovation and modernization of existing projects, the repayment period extends to five (5) years, and one year grace period during which you pay only the interest amount.
| | Soft and competitive interest rate. |
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| Easy Financing for New Projects |
The mode of financing industrial project, certain minimum formalities must be met. These preliminary requirements are a valid Commercial and Industrial Registration, valid Industrial License, a plot of land and a Project Feasibility Study. In order to secure financing from the Bank, the following simplified procedures needs to be followed:
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| A letter addressed to the General Manager (request for loan).
| | Recent copy of Commercial Registration, valid Industrial License and a copy of the Lease Contract for the plot of land which has been allocated for the project.
| | Two Performa Invoices for the fixed assets to be financed together with drawings (designs), and relevant technical details. | | A Feasibility Study from a recognized firm (this is not required for projects costing less than QR. 1.5 million for which only the sample feasibility questionnaire, provided by the Bank, requires to be completed) | | Feasibility Study Fees equivalent to 0.5% of the required loan or QR.20,000/- whichever is less (the Feasibility Study Fees are not refundable if the client decides to withdraw after the loan has been approved). |
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| Continuous Growth for Existing Projects. |
Every industrial project needs to be updated and modernized to cope up with new technology and growing production needs.
Moreover, the continuous and ongoing developments within a competitive market necessitate improvisation and updating of existing projects in order to satisfy the growing needs of the customers.
The financing provided by the Bank is instrumental in modernizing and renovating industrial projects to the desired competitive benchmark. In order to secure financing from the Bank, the following simplified procedures needs to be followed:
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| A letter addressed to the General Manager (request for loan).
| | Recent copy of the Commercial Registration, valid Industrial Registration, and a copy of the Rent Contract for the plot of land on which the project is established (built).
| | Two Performa Invoices for the fixed assets to be financed, supported with drawings (designs) and technical specifications. | | A Feasibility Study from a recognized firm (this is not required for projects costing less than QR.1.5 million for which only the sample feasibility questionnaire, provided by the Bank, requires to be completed). | | Feasibility Study Fees equivalent to 0.5% of the required loan or QR. 20,000/- whichever is less (the Feasibility Study Fees are not refundable if the client decides to withdraw after the loan has been approved). | | Audited Financial Statements for the last three years, if available. |
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| Our Support Continues Raw Material Financing |
Our objective is to support investors. We finance the purchase of raw materials needed for production in the same manner that we finance fixed assets, that is by providing revolving credit facilities to ensure continuity of the production process. To do so, we have adopted a policy that is easy and simple to understand and follow when it comes to importing raw materials for small and medium size industries.
These facilities extend for one year, including a grace period that depends on the cash cycle of the project.
In order to secure financing from the Bank, the following simplified procedures needs to be followed:
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| An Application addressed to the General Manager requesting the provision of the above-mentioned facility. | | Recent copies of the Commercial and Industrial Registration, together with a signed Lease Contract for the plot of land on which the project is located. | | Audited Financial Statements for the last three years and the most recent trial balance, if available. |
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| Our Aim is a Prosperous Industrial Future |
QATAR DEVELOPMENT BANK is your partner and supports your entrepreneur spirit and ideas from initiation to completion. We provide our knowledge, experience and support at each stage of the project cycle, from its incubation to financing the fixed assets and import stage.
We can rightfully claim to be your partner in progress as we take you from risk and uncertainty to growth and opportunity.
The Bank assures its customers and investors of its commitment to continue its pioneering and supportive role to promote the establishment of small and medium size industrial projects in our beloved nation to create a strong industrial infrastructure for the future.
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