First Finance Company was founded in November 1999 as the first finance company in the State of Qatar regulated by the Central Bank of Qatar. The company started with a capital of 50 million Qatari Riyals in 1999, to reach a capital of 639 million Qatari Riyals in 2009. First Fiance Company is a member company of Barwa Bank Group.
First Finance Company also offers financial planning and debt counseling to its borrowers and the main motivation behind this initiative being to practice responsible and credible lending to loan beneficiaries guarding against over-indebtedness.
The company offers automobile and vehicle finance for new and used cars, motorcycles, and boats and marine equipment; and real estate finance for building houses, construction materials, finishing works, maintenance and installation works, decoration works, and swimming pools construction. The company also provides household items finance for furnishing, electrical and electronic equipment, computers and communication appliances, and mobiles security apparatus; and deals financing for education and training, traveling tickets, various occasions, and wedding feasts
