DOHA BANK WINS ‘BEST BANK IN CAPITAL POSITION’ DURING THE NEW AGE BANKING SUMMIT 2018
Qatar- Doha, 18 September, 2018: The New Age Banking Summit was held on 18 September, 2018 at the “Intercontinental Doha – The City” Doha, Qatar. It was well attended by regulators, bankers and technocrats. At the event Doha Bank was presented with the “BEST BANK IN CAPITAL POSITION’ award.
Commenting on this achievement, Dr. R. Seetharaman, Group CEO of Doha Bank said: “Given the changing business dynamics and the risk weighted assets, Doha bank has optimally allocated the capital to deliver higher returns.”
Dr.R.Seetharaman added “The Bank has become stronger over the years with a total capital adequacy ratio of 16.6% as of 30th June 2018, through the strategic utilization of the shareholder’s funds.”