GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

Dubai, May 14, 2017:  Doha Bank has been named the 'Best Regional Commercial Bank' for the fifth time in a row at the Banker Middle East Industry Awards 2017. The awards were presented in Dubai on 11th May 2017 at Emirates Tower Hotel, Dubai.

Dr R Seetharaman, Group CEO of Doha Bank, received the award on behalf of Doha Bank and said “To be recognised as the foremost commercial bank in the Middle East for a fifth straight year is a firm acknowledgement of the effectiveness of Doha Bank's business strategy and the value it provides to its various stakeholders. In 2016 through the efficient asset allocation model the return on average Shareholders' equity was 12.1% and return on average assets was 1.21% which is a clear demonstration of the effective utilization of funds. Some of the major initiatives in 2016 include, Doha Bank in line with its international expansion strategy inaugurated its 13th representative office in Bangladesh during Q4 2016. 

In August 2016 Doha Bank inaugurated its relocated Kochi Branch at Lulu Mall. Doha Bank also entered into a Memorandum of Understanding (MoU) with Centrum Group, India to facilitate the development of GCC business for Centrum with its network while Centrum will reciprocate with the same in India for Doha Bank. Doha Bank concluded re-financing of Tornado Tower in West Bay. As a step to improve customer convenience, Doha Bank undertook multiple initiatives such as – opening its dedicated ‘Card Delivery Centre' at City Centre, inaugurating a state of the art branch at Al Gharafa. Doha Bank concluded its 7th consecutive Summer Promotion campaign for its credit card holders on the occasions of Ramadan and Eid season, through attractive rewards such as 10% cash back across all Qatar Duty Free (QDF), 5% cash back on all foreign currency transactions. As a first in Qatar, Doha Bank also launched ‘Biometric Access' for mobile banking application. During last year, Doha Bank also offered various limited period offers such as ‘Double your Salary', ‘e-statement registration', ‘0% payment plans', ‘free cabin bag' and ‘complementary gift vouchers' in coordination with popular merchants. Doha Bank also demonstrated its leadership by organizing a one of its kind camp for Qatari small and medium enterprise businesses in Qatar. Earlier during 2016, Doha 

Bank received PCI-DSS Level 1 certification from SISA preceded by upgrading its card processing system in order to provide faster system performance as well as better safety through ‘credit card fraud guard module'. Doha Bank became the first bank in Qatar to achieve accredited certification for ISO 9001:2015. “
Doha Bank believes in providing innovative offerings to its customers through digital technology which will also contribute to sustainable performance of Bank. The award is a reflection of Doha Bank's leadership on sustainable growth,' said Dr. R. Seetharaman.

This award is the latest in a string of prestigious regional and international accolades received by Doha Bank over the past year. Recently the Bank won “3G Environmental Responsibility Award 2017” at the Global Good Governance Awards 2017, “Most innovative Bank   in the Middle East” at EMEA Finance Middle East Banking Awards 2017 and “Best Trade Finance Bank in Qatar” at Global Finance Awards 2017.



Posted by : GoDubai Editorial Team
Viewed 51783 times
Posted on : Sunday, May 14, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Barclays ‘Compass': Prospects for the World Economy Are Brightening
Next Story : Filorga launches Time-Zero, a multi-correction wrinkles serum
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
D1 Milano Launches Exlcusive Limited Edition Collection –The Khaleeji
The Incredible Power of the Mushroom!
Beware of Cheap Beauty Deals: They May End Up Being More Costly
8 Jours Grande Taille - a new avatar on iconic timepiece
GaGà Milano unveils six extra-special watches to celebrate Neymar's genius
Carl F. Bucherer Celebrates Its Anniversary With the Heritage Tourbillon Double ...
Tissot Lady Heart Flower Powermatic 80
Get Ready for The Festive Season with The Body Shop's Enchanted by Nature Gift C...
Sukin's Top Holiday Picks for a Supple-Skin Winter Season
Switch your hair colour safely for the new season with Rahua's Color Full range
Omega Raises Its Warranty On All Watches to 5 Years
Everyday care for your baby's hair with Fifi & Friends!
Bringing you warmth and shine this festive season
Season's Greetings 2018
Twelve Holiday Gifts for the Beauty-Obsessed Woman
The Smile Bar Opens Its First Store in the UAE
Chloé Eyewear's Feminine Appeal Seen Through the Lens of the New “Rosie” Style
Purely Pandora Classics With a Twist
#MKGO Bold: Michael Kors Unveils Bold New Arrivals
Triumphant First Daman Dxb Swimfest at Jumeirah Beach Hotel
New 1948 Seamaster Watches Join the Ranks
Indulge Your Love for Animal Print with M&S
Festive Gifting Guide
Alina Anwar Couture Launches in UAE
Must-have festive Christmas jumpers and tees for the whole family
Parah dedicates its Fall/Winter 2018/19 collection to femininity
Add a festive sparkle to your eyes with Palladio Beauty
The Geo-Graham Orrery Tourbillon presents a galaxy you can reach out and wear Ge...
Starbucks announces the return of festive favourites
National Geographic Launches Mars 2 into Orbit with Season 2 Premiering Nov 15 ...
Give an abandoned or neglected cat their forever home at Kittysnip's adoption da...
Land Rover Supports Red Cross Disaster Projects Worldwide
‘Celebrate 2019 Now' with special deals from Al-Futtaim Toyota
The new BMW 8 Series Convertible.
Sprint for a Great Cause at Al Maha
Etihad Airways Launches Model Diary of Xiaowen at China International Import Expo
Tryano Launches Elemis
EDCC organizes largest UAE Pavilion at debut SNSR in Saudi Arabia
Department of Culture and Tourism – Abu Dhabi Organises ‘Herfaty' Programme in A...
Jameel Arts Centre, Dubai opens with an ambitious set of exhibitions and program...
Unilever MENA calls for collective action as it's revealed that 54% of consumers...
Presenting Katrina Kaif in her hottest desi avatar as Suraiyya in Thugs of Hindostan
The Sharjah Stamp Exhibition celebrates the Year of Zayed
Emirates Steel signs new long-term iron ore pellet supply deal with Vale
Introducing the GUESS Holiday 2018 Collection
Superhero Color Runners Prove We Are All Unstoppable!
Bharat Thakur Artistic Yoga's Flagship Studio opens in Burjuman.
Top five new things to do at Golden Mile Galleria this season
IKEA Promises 25 Years of Quality Guarantee
A new 2019 Toyota Rush grade hits the road