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Doha Bank executive manager (public sector) Khalid al-Nemaa (right) receiving the ‘Bank of the Year 2011 in Qatar,’ award instituted by Arabian Business, on behalf of Doha Bank. |
The award was presented to Doha Bank at a ceremony held at the Four Seasons here.
The Arabian Business award is a premier event in the regional business calendar, which consistently attracts and honours the biggest names in the Gulf business community.
Doha Bank Group CEO R Seetharaman said, “We are proud to have won this prestigious award, which recognises 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 the last nine years. “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 disciplined investment in our global footprint, people, platforms and comprehensive product and service offering.”
Seetharaman said, “Time and again, Doha Bank has proven to outperform in various geographies, across customer segments and under stringent market challenges. The bank’s 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, seven Islamic branches, five e-branches, 13 pay offices, two mobile units in Doha, one mobile unit in Dubai and more than 100 ATMs. Geographically, Doha Bank operations are spread across Qatar and full fledged branches in New York, Dubai and Kuwait.
The premier bank also has representative offices in Turkey, Japan, Singapore, China, South 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.
