Arabian Business Achievement Awards adjudged Doha Bank as “Bank of the Year 2011” in Qatar

Bank of the Year 2011

In a moment of pride and excitement, Doha Bank has been adjudged as the “Bank of the Year 2011 in Qatar”, by Arabian Business. The award was presented to Doha Bank on 27th September at the Four Seasons Hotel here in Doha. The Arabian Business Award is a premier event in the regional business calendar, which consistently attracts and honors the biggest names in the Gulf business community.

Mr. R. Seetharaman, Group Chief Executive Officer, Doha Bank said, “We are proud to have won this prestigious award, which recognizes the strength of our integrated banking business, our global reach and our first-class financial expertise. We are particularly pleased to have maintained the consistency for last nine years by various institutions, where Doha bank has been adjudged “Best Bank” in the country. This achievement highlights the benefit we have brought to our clients by executing our strategy consistently over many years. We will focus on remaining a trusted financial partner to our clients. We believe that our Banking business is poised to capture the attractive growth opportunities that exist in the market thanks to our disciplined investment in our global footprint, our people, our platforms and our comprehensive product and service offering.

Mr. R. Seetharaman, added, “Time and again, Doha Bank has proven to outperform in various geographies, across customer segments and under stringent market challenges. The Banks operating efficiency, asset allocation model, unique international strategy combined with a seamless execution, ensure that the Bank continues to stay a cut above the rest”

Doha Bank now has established a dominant position in Middle East banking landscape with 31 state-of-art branches, 7 Islamic branches, 5 e-branches, 13 pay offices, 2 mobile units in Doha, 1 mobile unit in Dubai with more than 100 ATMs. Geographically Doha Bank operations are spread across State of Qatar with full fledged branches in New York-USA, Dubai-UAE and Kuwait, and representative offices in Turkey, Japan, Singapore, China, S.Korea, United Kingdom, Germany and Abu Dhabi with an extremely strong network of correspondent banking relationship.

Doha Bank provides comprehensive range of financial service products and services basket, unparalleled in the Middle East region, by deploying consumer centric technology and innovative delivery channels. Doha Bank offers financial services to all the customer segments through its retail banking, wholesale banking, Doha Islamic, and treasury & investments divisions. An area of high focus is the high net worth segment and the bank is continually providing new services to cater to this segment.

International rating agencies, Moody’s, Standard & Poor, Capital Intelligence and Fitch Ratings, have assigned a stable outlook for Doha Bank owing to its consistently strong financial fundamentals, asset quality, and robust liquidity. Doha Bank has been applauded by renowned financial sector analysts for its pioneering and leadership role in taking Financial Services experience in Middle Eastern region to newer heights.