Commercialbank has obtained the licence from the Qatar Financial Markets Authority (QFMA) to re-launch its investment activities, through its 100% owned subsidiary Commercialbank Investment Services.Commercialbank Group CEO Andrew Stevens said the activities of the investment arm include brokerage services, asset management, wealth management solutions and research services. Commercialbank Investment Services will continue to offer customers with a broad range of products and services designed to cater for different customer needs. “With a substantial customer base, a superb investment infrastructure and use of highly qualified professionals the company is well placed to ensure that customers get the best possible investment advice, through direct access to the stock exchange, its high performing mutual funds and specially designed investment portfolios,” Commercialbank said.Stevens said, “The company will continue to offer customers with the very best in investment products and services available and build on its rich heritage from Commercialbank, a heritage based on understanding customer needs.” Commercialbank Investment Services is designed specifically to offer customers a service rather than just a product and will help to further cement the bank’s position as one of the leading providers of wealth management solutions for its customers, he said.The new company will be managed by Parvez Khan, general manager, Commercialbank Investment Services. Khan said, “We remain firmly committed to understanding our customers investment needs and to providing creative investment solutions that match those needs, be it growing their wealth, preserving it or protecting it for the next generation. As a customer, you will benefit from our in-depth understanding and reach of the local, GCC and global markets not to mention our expertise in brokerage, private portfolio management, asset management, research, financial planning and private banking. We are keen to provide our specialist expertise to the market and believe our approach underlies our commitment to quality and customer service’.“I am pleased with the announcement that Commercialbank has obtained all necessary approvals to launch its brokerage activities through its subsidiary CBIS,” said Andre Went, Qatar Exchange chief executive officer.