Doha Bank opens new branch in Dar Al Salam Mall

Press release
Published October 28th, 2013 - 09:02 GMT

Doha Bank branch opening
Doha Bank branch opening

Doha Bank, the leading private commercial bank in Qatar, has inaugurated a new branch at the new Dar Al Salam Shopping Mall, located in Abu Hamour, Doha.

The new branch will serve both corporate and retail banking customers, offering a full range of banking solutions including account services, financial solutions and corporate banking services.

Mr. Ahmed Abdul Rahman Yousuf Obaidan Fakhroo, Doha Bank Vice Chairman attended the inauguration along with Doha Bank Group CEO Dr. R. Seetharaman and other senior bank officials as well as invited guests.

Commenting at the inauguration, Dr. Seetharaman said: “We are pleased to announce the launch of our newest branch in Dar Al Salam Mall. Doha Bank is keen on building a strategic network across Qatar, considering the banking needs of customers as well as by reacting immediately to changing market dynamics. Dar Al Salam Mall is a key location in Qatar and is tuned to meet the varying needs of the residents of the Abu Hamour area. With the opening of this new branch, Doha Bank will cater to a large number of the residents of this fast growing suburb of Doha as well as be available to cater to the growing number of SMEs in this district.” 

Doha Bank’s Tatweer solution for SMEs provides a wide range of banking and financial services to help SMEs grow beyond their potential. With Tatweer SME customers can secure financing for operational needs, use an array of products and services to drive growth and improve efficiency, and bank without leaving their place of business. The Bank’s specialized staff provide efficient handling combined with fast-track approval and processing, making Tatweer the one-stop-shop solution for business growth and expansion.

Doha Bank Head of Retail Banking Mr. Suresh Bajpai added: “In addition, Al Riyada premium banking services as well as other bespoke solutions for Doha Bank’s high net worth customers will be at the forefront at this modern branch which is designed to cater to the needs of customers seeking a full range of account services as well as those seeking advanced financial counsel including loans and investment solutions. This includes both individual and corporate customers.”

With the addition of the branch at Dar Al Salam Shopping Mall, Doha Bank’s reach increases to 31 local branches, 22 e-branches, more than 119 ATMs and 2 mobile banking units, which makes Doha Bank’s network one of the largest in Qatar’s banking sector.

Doha Bank is expanding its network to meet the growing demands of Qatar’s on-going development which is resulting in additional locations being added across the country and in response Doha bank is seeking to deliver more branches, ATM and alternative channels to support customers and clients in these newly developing regions of the country.

On offer at the Dar Al Salam mall branch is a full range of retail banking products and services including loans at the most competitive rates in Qatar, as well as a wide range of options from Doha Bank’s award-winning credit cards portfolio, including the Lulu Shopping Credit Card which was named the best credit card in the region at The Banker Middle East product Award in early 2013.

Doha Bank also offers a range of savings programs and investment solutions such as the Al Dana Savings Programme and bespoke financial solutions with the help of dedicated advisors. The Bank’s priority banking division Al Riyada caters to these needs and much more at the Dar Al Salam mall branch.

At the Branch, customers can also avail essential expatriate financial solutions such as overseas money transfers and western union transfers at the most competitive rates.

This strong customer focus is responsible for Doha Bank being recently named the “Best Commercial Bank in the Middle East 2013” at the Banker Middle East Industry Awards in June.

Doha Bank has over the years strived to exemplify the highest level of customer service while also focusing on innovation in delivering financial services to our customers and clients. Today, with full branches in Kuwait, Dubai and Abu Dhabi, supported by eight international representative offices, Doha Bank is truly positioned as a multinational GCC-based bank with stakeholders across the region and internationally.

Background Information

Doha Bank

Inaugurated in 1979, Doha Bank provides domestic and international banking services for individuals, commercial, corporate and institutional clients through four business groups – Wholesale Banking, Retail Banking, International Banking and Treasury & Investments.

Doha Bank has established overseas branches in Kuwait, Dubai (UAE), Abu Dhabi (UAE), Mumbai, Chennai and Kochi (India) as well as representative offices in Japan, China, Singapore, Hong Kong, South Africa, South Korea, Australia, Turkey, the United Kingdom, Canada, Germany, Bangladesh, Sri Lanka and Nepal.

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