TO BE UPDATED

YOUR HAPPINESS IS NOW CLOSER THAN YOU IMAGINE

MUMBAI I KOCHI

NRI Services

Doha Bank is pleased to announce the opening of its flagship branches at Mumbai and Kochi. We are pleased because we can serve Non Resident Indians working in the Gulf much better.Doha Bank NRI Services now provides a complete range of solutions tailored to match your banking needs in India as well as in Qatar. We'll take care of your regular banking, remittance and payment needs as well as managing your on-shore and off-shore wealth, even help you buy your dream home and look after your insurance requirements too.

• FREE Remittances from Qatar to your NRI Account with DB India at BEST exchange rates• Serving your banking needs in both India and the GCC

• Loan facility* in Qatar against your NRE/FCNR fixed deposits with DB India• High interest rates on your Fixed Deposits in India

• INSTANT e-remittance of your money to India from the comfort of your home 24hrs a day, 7 days a week• Online access to your Indian accounts• Online funds transfer from your DB India NRI Account to any bank any branch in India through RTGS, NEFT• Cash withdrawals at any bank ATM in India when using your INR debit card• Wealth management services in GCC and India• SMS / Email alerts for your NRI Account transactions in India

974 4445 6000+

INDIA OPERATIONSLAUNCH CEREMONY

From left to right: H.E. Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank, H.E. Sheikh Abdullah Bin Saoud Al-Thani, the Governor of Qatar Central Bank, H.E. Ali Sharif Al Emadi, the Hon’ble Minister of Finance, State of Qatar, Shri Suresh Prabhu, Hon’ble Minister of Railways, Government of India, Shri. Sanjiv Arora, Ambassador of the State of Qatar to India,H.E Sheikh Abdul Rahman Bin Mohammad Bin Jabor Al-Thani, the Managing Director of Doha Bank, Shri. Subhash Desai, Hon’ble Minister of Industries – Government of Maharashtra, and Dr. R. Seetharaman, CEO of Doha Bank at the ribbon cutting ceremony in Doha Bank Mumbai’s branch.

Mr. Ahmed Al Khal, Board Member of Doha Bank, H.E. Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank, H.E. Sheikh Abdul Rahman Bin Mohammad Bin Jabor Al-Thani, the Managing Director of Doha Bank, Dr. R. Seetharaman, CEO of Doha Bank, Mr. P Balasubramaniam, Profit Group Director and other distinguished guests.

Celebrating the launch of the India Operations

VIP guests attending the launch event at Mumbai’s Trident Hotel.

July 2015 – Issue No. 43

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Marking the end of the first half of the fiscal year 2015 and the publication of the audited interim financial statements for this period, I would like to take this opportunity to extend my sincerest thanks..

Doha Bank’s financial results for the first half of 2015. Net profit for the first half of the year recorded an impressive QAR 801 million as compared to QAR 787 million for the same period in 2014.

The IMF July Outlook had forecasted a global growth at 3.3 percent in 2015, lower than 2014 with a gradual pickup in advanced economies and a slowdown in emerging market and developing economies.

The News Magazine of Doha BankDoha Bank hosted a knowledge sharingsession entitled “Opportunities in Qatar”at the Mandarin Oriental, Tokyo.

Doha Bank inaugurated itsRepresentative Office in South Africain June 2015. A ribbon-cuttingceremony was held at the newoffice in Johannesburg to mark theoccasion, followed by a reception heldat the city’s Michelangelo Hotel.

As part of its Corporate SocialResponsibility (CSR) initiatives andits ongoing support of humanitariancauses, Doha Bank recently extendedfinancial support to the Qatar Societyfor Rehabilitation of Special Needs forpurchase of medical equipment.

CONTENTSDOha BaNk LauNChES INDIa OpEraTIONS

MESSagE frOM ThEMaNagINg DIrECTOr

MESSagE frOMThE CEO

Doha Bank ExtEnDs Financialsupport to Qatar sociEty For rEhaBilitation oF spEcial nEEDs

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DOha BaNk CEO hONOrED wITh‘LIfETIME aChIEvEMENTawarD’ aT ThE BaNkErMIDDLE EaST INDuSTryawarDS 2015

DOha BaNk NaMED ‘BEST rEgIONaL COMMErCIaL BaNk’ aT ThE BaNkEr MIDDLE EaST INDuSTry awarDS 2015

Doha Bank rolls out sMEFinancing options unDEr QDB’s al DhaMEEn prograM

DOha BaNk INauguraTESSOuTh afrICa rEprESENTaTIvE OffICEDoha Bank wins

‘EnvironMEntal awarD’ at araB organizationFor social rEsponsiBility awarDs 2015

QaTar aND JapaN arE frIENDS INDEED

DOha BaNk aChIEvESprOfIT Of Qar 801 MILLION IN fIrST haLf Of 2015

DBFs launchEs nEw proDucts unDEr nBFc

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DOha BaNk COMpLETESThE aMaLgaMaTION Of ThE INDIa OpEraTIONS

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The News Magazine of Doha Bank

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Reaffirming its commitment to social causes, Doha Bank recently hosted a blood donation drive at its headquarters in West Bay.

Continuing its efforts aimed at fosteringthe next generation of Qatari leaders inthe banking industry, Doha Bank recentlyheld an extensive training program forits Qatari national employees.

Doha Bank announced the winners of the year’s third and fourth monthly draw for itsAl Dana Savings Scheme.

As part of its CSR initiatives and itscommitment to continuously supportactivities that are aimed for the greatergood of the community,

Doha Bank recently organized a tree planting event in the northeast area of its Dukhan branch under the theme “Plan and Plant for the Future”, as part of its CSR strategy.

Doha Bank naMEs winnErs oFthE yEar’s thirD anD Fourth al Dana savings schEME Draw

DOha BaNk aSSuraNCECOMpaNy hOSTS kNOwLEDgE SharINg SESSION fOr CLIENTSON D&O LIaBILITy INSuraNCE

DOha BaNk aCaDEMyhOSTS ExCLuSIvETraININg prOgraM fOr QaTarI NaTIONaLEMpLOyEES

DOha BaNk ExTENDS SuppOrT TO TraffIC DEparTMENT

Doha Bank hosts BusinEssBrEakFast MEEting with kEy sMEs in Qatar

Doha Bank, sBF - iEs holDBusinEss ForuM to proMotEQatar-singaporE EconoMic coopEration

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Doha Bank Joins hanDs withhaMaD MEDical corporation to holD BlooD Donation DrivE

DOha BaNk OrgaNIzES TrEE pLaNTINg EvENT IN DukhaN

‘Qatar’s innovativE Financialinclusion MoDEl strEngthEns Financial staBility’

DOha BaNk SuMMErprOMOTION OffErS up TO 10% CaSh BaCk ON CrEDIT CarD SpENDS

Doha Bank BrEaks nEw grounD in corporatE cash ManagEMEnt with ‘taDBEEr’ wEB-BasED platForM

DOha BaNk hOSTS QuIzCOMpETITION fOr STaff


6 Message from the MD

Marking the end of the first half of the fiscal year 2015 and the publication of the audited interim financial statements for this period, I would like to take this opportunity to extend my sincerest thanks and gratitude to H.E. Chairman of the Board, Board Members, Chief Executive Officer, Heads of the Functional Groups and all staff for their efforts and the achievements which have been made during the past six months of 2015.

The first half of this year witnessed important events, including the convention of the Ordinary and Extraordinary General Assembly Meetings of Shareholders during March 2015 where shareholders’ approval was obtained for Doha Bank to issue debt notes under the bank’s Euro Medium-Term Notes (EMTN) programme according to the criteria that have been presented to the Assembly. The bank will seize the best opportunities during the given deadline to issue this type of bonds.

The shareholders have also agreed for Doha Bank to issue Tier 1 Capital instruments amounting to QAR 2 billion either directly or through Special

Purpose Vehicle. The instruments for the issue shall be Tier 1 Capital instruments qualifying as Additional Tier 1 Capital for Doha Bank in Qatar as per the terms and requirements of QCB. They have also agreed to amend Article (9) of the Articles of Association to increase the foreign ownership limit to 49% of Doha Bank’s share capital. These instruments have been already issued, and the foreign ownership limit has been increased from 25% to 49% starting from 21 April 2015.

On 29/04/2015, Doha Bank inaugurated its banking operations in India in a grand ceremony held in Trident Hotel, Mumbai. The inauguration ceremony was well attended by several high-profile dignitaries including senior officials, diplomats, bankers, economists and prominent dignitaries from both countries. Doha Bank is the first Qatari Bank to establish its full scale banking operations in India. On 25/06/2015, the bank inaugurated its 12th representative office in Johannesburg, South Africa as part of its international expansion strategy.

Due to the strong financial position enjoyed by Doha Bank at the local, regional and global levels and its pioneering role in delivering innovative banking products and services which elevated the banking experience in Qatar to new horizons, the Bank was conferred with the “Best Regional Commercial Bank” from Banker Middle East in May 2015. Doha Bank has also received the “2015 Environmental Award” from the Arab Organization for Social Responsibility, and the prestigious “Golden Peacock Global Award 2015 for Corporate Social Responsibility” from the Institute of Directors.

Despite the fierce competition in the market and the political events experienced in the Middle East and the aggravation of the euro crisis in the European Union, we were able to

achieve remarkable and distinguished accomplishments at both the financial and service levels. We have launched many innovative banking services and products, and posted a net profit of QR 801 million by the end of the first half of the year. We have also achieved high growth ratios in most of the financial indicators and outstanding performance levels as compared to other banks. Return on Average Equity Ratio recorded 18.4% and Return on Average Assets Ratio registered 2.03%.

The Qatari economy is still witnessing good growth rates despite the recession that prevailed over various economies worldwide, especially the EU and the Middle East, and as Qatar is being the hosting nation for the FIFA World Cup in the year 2022, we anticipate that Qatar will witness exceptional booming in all economic sectors and subsequently launching of many development projects in the coming years. Therefore, we expect management and employees to exert more efforts towards more achievements. Certainly, achievement of these objectives requires having close cooperation amongst all of us, as the difficult conditions experienced by the various capital markets around the world have burdened us with greater responsibilities, so we have to redouble our efforts during the coming period and work together as one team to attain our aspired objectives.

Finally, I would like to reiterate my appreciation and thanks to the Board, Management and staff for their contributions in these achievements. But as we still have many other goals to aspire to and work to achieve, we have the confidence in you in being up to those challenges during the upcoming period and sure you will find our encouragement and support, always.

H.E. Sheikh Abdul Rahman Bin Mohammad Bin Jabor Al Thani (Managing Director)

MESSagEfrOM ThE MD

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Dr. R. Seetharaman (Chief Executive Officer)

Message from the CEO

The IMF July Outlook had forecasted a global growth at 3.3 percent in 2015, lower than 2014 with a gradual pickup in advanced economies and a slowdown in emerging market and developing economies. A setback to activity in the first quarter of 2015, mostly in North America, has resulted in a small downward revision to Advanced Economies and global growth for 2015. Growth in advanced economies is projected to increase to 2.1 percent in 2015.Growth in emerging market and developing economies is projected to 4.2 percent in 2015.

Doha Bank’s Net profit for the first half of 2015 recorded an impressive QAR 801 million as compared to QAR 787 million for the same period in 2014 showing an increase of almost 2%. Total assets increased by QAR 10.7 billion, a growth of 14.9%, from QAR 72.0 billion as at 30 June 2014 to QAR 82.7 billion as at 30 June 2015. Net loans and advances increased to QAR 53.1 billion as at 30 June 2015 from QAR 45.3 billion for the same period last year, registering a growth of more than 17.0%. Customer deposits showed a year on year increase of 16.4% from QAR 44.5 billion to QAR 51.7 billion as at 30 June 2015 which is

evidence of the strong liquidity position of the Bank. The Bank has become extremely strong over the years with total equity, as at 30 June 2015, at QAR 13.1 billion, registering an increase of 19.5% during the last twelve months. Through the strategic utilisation of the shareholder’s funds by way of increasing our performance levels the return on average shareholders’ equity is 18.4% as at 30 June 2015 one of the best in the industry.

In line with the Bank’s International expansion strategy, Doha Bank opened its 12th Representative Office in South Africa. Doha Bank also completed the process of Amalgamation of the India Operations of the HSBC Bank Oman S.A.O.G as at the close of business on March 31, 2015 and have taken over the operations of their two branches in Mumbai and Kochi on a going concern basis. Doha bank completed issuance of Tier 1 capital instrument amounting to QAR 2 billion. Doha Bank had also distributed 40% of the paid up capital as cash dividend to the shareholders during the year.

In Jan 2015, Doha Bank was awarded the prestigious “Golden Peacock Global Award 2014 for Corporate Social Responsibility” for demonstrating utmost commitment to public welfare and social consciousness. In Feb 2015 Doha Bank hosted a technology conference featuring top Japanese business leaders and government officials to discuss ways in which advanced Japanese technologies can be leveraged to promote sustainable development in Qatar. During the period, Doha Bank extends its dining offers to preferred restaurants and cafes in Qatar. The programme has grown from strength to strength and branched out to all segments of dining and includes savings from coffee shops and cafes to fast food chains, ethnic, international cuisine and even selected fine dining restaurants such as Patagonia - at the Pearl Qatar.

In testament to Doha Bank’s commitment to offer its customer the latest in digital banking, Doha Bank launched its digitized account opening solution - ‘Tablet Banking’. This is the ‘first’ in Qatar initiative. Doha Bank launched its flagship ‘Al Dana Savings Scheme’ for the year 2015. Now in its 12th year, the scheme will offer a wider range of rewards, with 6 millionaire draws lined up for the year. Doha Bank launched its summer promotion offers spanning from June until August 2015, offering up to 10% cash back on certain credit card spend and up to 5% on all international spend. Doha Bank also launched an exclusive ladies banking package - ‘Al Asriya’. The package includes a ladies account, which can be opened for as low as QAR 5,000, and a complimentary health insurance cover.

Doha Bank has always maintained that Customer is our priority and all the initiatives undertaken by us one way or other benefits the customer. It is the trust and confidence that our customers have placed on us that has allowed us to move forward with excellent perspective.

MESSagEfrOM ThE CEO


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H.E. Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani(Chairman)

H.E. Sheikh Abdul Rahman Bin Mohammad Bin Jabor Al Thani (Managing Director)

DOha BaNk aChIEvESprOfIT Of Qar 801 MILLIONIN fIrST haLf Of 2015

His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank, announced Doha Bank’s financial results for the first half of 2015. Net profit for the first half of the year recorded an impressive QAR 801 million as compared to QAR 787 million for the same period in 2014, showing an increase of almost 2%. H.E. Sheikh Fahad Al-Thani said, “Doha Bank continues to make great progress across its various business divisions during the six-month period ended 30 June 2015.”

Total assets increased by QAR 10.7 billion - a growth of 14.9% - from QAR 72.0 billion as at 30 June 2014 to QAR 82.7 billion as at 30 June 2015. Net loans and advances increased to QAR 53.1 billion as at 30 June 2015 from QAR 45.3 billion for the same period last year, registering a growth of more than 17%. Customer deposits showed a year-on-year increase of 16.4% from QAR 44.5 billion to QAR 51.7 billion as at 30 June 2015, illustrating the strong liquidity position of the Bank.

H.E. Sheikh Abdul Rehman Bin Mohammad Bin Jabor Al-Thani, Managing Director of Doha Bank, said, “Doha Bank has maintained its strong financial performance during the first half of the year with total equity registering an increase of 19.5% during the last twelve months to reach QAR 13.1 billion. The return on average shareholders’ equity has climbed to 18.4%, while the return on average assets stands at an impressive 2.03% as at 30 June 2015.”

Dr. R. Seetharaman, Chief Executive Officer of Doha Bank, said, “Doha Bank’s strong results reflect the strength of

its products and services, ongoing customer demand, and strategy to capitalize on market synergies in a challenging and competitive environment. During the second quarter of the year, Doha Bank celebrated two major milestones – the formal launch of our India operations and the inauguration of our 12th representative office in South Africa.”

In line with the approvals received, Doha Bank completed issuance of Tier 1 capital instrument amounting to QAR 2 billion. The Bank also distributed 40% of the paid-up capital as cash dividend to the shareholders during the half-year.

Summarizing the key initiatives and achievements of Doha Bank in the first half of 2015, Dr. Seetharaman said, “Demonstrating its leadership in progressing digital payments in the country, Doha Bank announced the re-launch of its next-generation e-commerce hub, Doha Sooq (www.dohasooq.com) with contemporary looks, an exhaustive product suite and a number of the latest e-commerce features. Doha Bank also launched an exciting summer promotion that offers up to 10% cash back on select credit card spends and up to 5% on all international spends.”

Continuing its pursuit of customer service excellence, Doha Bank hosted a business breakfast meeting exclusively for SME customers as part of its efforts to proactively address the needs of small and medium enterprises in Qatar. Further, the Bank rolled out a range of innovative financing options for SMEs across the country under Qatar

Doha Bank Achieves Profit of QAR 801 Million in First Half of 2015

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Doha Bank Achieves Profit of QAR 801 Million in First Half of 2015

Development Bank’s Al Dhameen program.

Doha Bank also organized a number of knowledge sharing sessions - in Qatar, Kuwait and Japan - on various topics including ‘Opportunities in Qatar’, ‘Synergetic Opportunities Between Emerging Asia and the GCC’, and ‘Japan Electronics Technology Forum for Sustainable Development’. In addition, the Bank hosted a business forum in collaboration with Singapore Business Federation to promote bilateral trade and investment relations between Qatar and Singapore.

The first six months of 2015 also saw Doha Bank continue to add to its list of awards and accolades. For the third year in a row, Doha Bank was named the “Best Regional Commercial Bank” at The Banker Middle East Industry Awards. The Bank also won the “Environmental Award” bestowed by the Arab Organization for Social Responsibility.

Total Assets (QAR million)

Total Deposits (QAR million)

Net Loans & Advances (QAR million)

Total Equity (QAR million)

Net Profit (QAR million)

Q2-2011 Q2-2012 Q2-2013 Q2-2014 Q2-2015

Q2-2011 Q2-2012 Q2-2013 Q2-2014 Q2-2015 Q2-2011 Q2-2012 Q2-2013 Q2-2014 Q2-2015

Q2-2011 Q2-2012 Q2-2013 Q2-2014 Q2-2015

Q2-2011 Q2-2012 Q2-2013 Q2-2014 Q2-2015

82,7

3651

,732 80

113

,069

53,0

55

72,0

0744

,461

787

10,9

3745

,342

59,2

2034

,073 74

88,

731

36,1

79

52,2

8430

,339 74

06,

953

30,0

78

49,5

3029

,197 70

26,

529

27,1

74


10 Doha Bank Launches India Operations

Doha Bank recently held the inauguration ceremony of its Indian operations in the city of Mumbai, the country’s commercial capital. Doha Bank is the first Qatari Bank to establish full-scale banking operations in India.

DOha BaNk LauNChES INDIa OpEraTIONS

The inauguration ceremony was attended by several high-profile dignitaries including H.E. Ali Sharif Al Emadi, Qatar’s Minister of Finance; H.E. Sheikh Abdullah Bin Saoud Al-Thani, Governor of Qatar Central Bank; Shri. Suresh Prabhu, India’s Minister of Railways; Shri. Sanjiv Arora, Indian Ambassador to the State of Qatar; Mr. Ahmed Ibrahim al Abdullah, Ambassador of the State of Qatar to India; Shri. Subhash Desai, Minister of Industries – Government of Maharashtra; and Shri. Deepak Vasantrao Kesarkar, Minister of State for Finance and Rural Development - Government of Maharashtra, along with the senior management of Doha Bank including H.E. Sheikh Fahad Bin Mohammad Bin Jabor Al Thani, Chairman; H.E. Sheikh Abdul Rehman Bin Mohammad Bin Jabor Al Thani, Managing Director; Mr. Ahmed Al Khal, Board Member; and Dr. R. Seetharaman, CEO.

The inauguration ceremony was attended by several high-profile dignitaries including H.E. Ali Sharif Al Emadi, the Honorable Minister of Finance, State of Qatar; H.E. Sheikh Abdullah Bin Saoud Al-Thani, the Governor of Qatar Central Bank; and Mr. Suresh Prabhu, Honorable Minister of Railways, Government of India. The inauguration ceremony was also attended by the Indian Ambassador to the State of Qatar Mr Sanjiv Arora, Ambassador of the State of Qatar to India, Mr. Ahmed Ibrahim al Abdullah, Ambassador of the State of Qatar to India; Mr. Subhash Desai, Honorable Minister of Industries, Government of Maharashtra; Mr. Deepak Vasantrao Kesarkar, Honorable Minister of State for Finance and Rural Development, Government of Maharashtra; Ambassadors and Consul Generals from the Gulf Cooperation Council (GCC) countries, and prominent Indian and GCC business leaders as well as senior members from the banking community in India.

Doha Bank was represented by H.E. Sheikh Fahad Bin Mohammad Bin Jabor Al Thani, Chairman; H.E. Sheikh Abdul Rehman Bin Mohammad Bin Jabor Al Thani, Managing Director; Mr. Ahmed Al Khal, Board Member, Doha Bank, Dr. R. Seetharaman, CEO; along with the senior management team of the Bank.

“This is a historic day for Doha Bank’s expansion in the Indian subcontinent, as we consider India an important market, being one of the fastest growing economies in the world, which is expected to overtake China in the years to come,” said His Excellency Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani, Chairman of the Board of Directors of Doha Bank. “Doha Bank has been pursuing a well thought out international expansion strategy as envisioned by the Board of Directors of the Bank, which has enabled us to extend our footprint to 15 countries worldwide. With its presence in the GCC countries, Doha Bank is well-positioned to play a catalyzing role in facilitating

H.E. Ali Sharif Al Emadi, Qatar’s Minister of Finance being felicitated by Doha Bank CEO, Dr. R. Seetharaman

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Doha Bank Launches India Operations

Doha Bank is the first Qatari bank to establish full-scale banking operations in India

Doha Bank has rolled out a comprehensive suite of products and services for its customers in India

Hon’ble Shri Suresh Prabhu, Minister of Railways, Government of India commended during the Inauguration

trade between GCC and India, benefitting customers in both locations.” His Excellency Sheikh Abdul Rahman Bin Mohammad Bin Jabor Al-Thani, Managing Director of Doha Bank, said, “The launch of banking operations in India marks yet another milestone for Doha Bank and stands testimony to our constant endeavor to be recognized as a dynamic, modern and international bank. As we continue on our journey towards becoming a truly global banking powerhouse and a one-stop financial services provider that is recognized beyond the shores of the Arabian Gulf, it gives us great pride to commence full-fledged banking operations in one of the world’s largest and fastest growing economies.”

Dr. R. Seetharaman, CEO of Doha Bank, said, “The huge size of the Indian market, along with its rising

per capita income levels and business-friendly policies, render India an essential and strategic location for Doha Bank. We are keen to expand our operational presence in India in the years to come and have already set in motion plans to serve our customers through innovative and technology-driven products and services.”

Some of the key products and services offered by Doha Bank in India include comprehensive NRI 4-in-1 account packages, privileged status for HNIs, credit passportability, Project Finance/Advisory services to link GCC markets, ECBs, and unique deposit/investment products for Non Resident Indians. All these products would be appropriately supplemented by technology-driven solutions such as digital account opening - tablet banking, best-in-class mobile as well as phone banking solutions with SMS alerts, robust Internet Banking solutions, instantaneous e-remittances from GCC to India, online payment integration with utility services and dedicated ‘India Desk’ across all Doha Bank overseas locations to meet the needs of customers.

Dr. Seetharaman added that the Bank will play a significant role in linking GCC investors with various business houses seeking investments in India, in line with the vision set out by the Government of India, and thereby fulfilling the needs of investors and entrepreneurs through the Bank’s dedicated Project Finance team.

“The huge size of the Indian market, along with its rising per capita income levels and business-friendly policies, render India an essential and strategic location for Doha Bank. We are keen to expand our operational presence in India in the years to come and have already set in motion plans to serve our customers through innovative and technology-driven products and services.”

Dr. R Seetharaman felicitating H.E. Sheikh Abdullah Bin Saoud Al-Thani, Governor of Qatar Central Bank


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This is the 3rd straight year that Doha Bank has won the prestigious industry accolade

Doha Bank has been named - for the third year in a row - the “Best Regional Commercial Bank” at The Banker Middle East Industry Awards, considered the most important recognition of financial excellence in the Middle East.

The Banker Middle East Industry Awards 2015 were presented at a glittering ceremony held on 27th May 2015 at the Jumeirah Emirates Towers Hotel in Dubai, which was attended by leading names from across the region’s banking and financial services industry. Dr. R. Seetharaman, CEO of Doha Bank received the award on behalf of Doha Bank.

“To be crowned the foremost commercial bank in the Middle East for a third straight year is a firm acknowledgement of the effectiveness

of Doha Bank’s business strategy and the value we bring every day to our customers throughout Qatar, the GCC and beyond,” said Dr. R. Seetharaman, CEO of Doha Bank. “What makes this award special is the unique evaluation criteria employed by The Banker Middle East Industry Awards, which takes into consideration innovation, customer service and sustainable financial performance of nominated institutions. The award is a reflection of Doha Bank’s leadership on sustainable growth.”

“This award will further fuel our determination to meet our customers’ financial needs more effectively and provide them with unmatched, continuously improving levels of service,” he added.

The award is the latest in a string of prestigious regional and international accolades received by Doha Bank over the past year. The Bank was named the “Best Commercial Bank in the

Middle East” at the Global Banking & Finance Review Awards 2014, and “Best Domestic Retail Bank in Qatar” and “Best Domestic Trade Finance Bank in Qatar” at the Asian Banking and Finance Awards 2014 held in Singapore. Doha Bank also won the “Beyond Success Award” at The Bizz 2014, considered one of the world’s most prestigious business awards.

“This award will further fuel our determination to meet our customers’ financial needs more effectively and provide them with unmatched, continuously improving levels of service,”

Doha Bank was conferred with the coveted award at a gala ceremony held at the Jumeirah Emirates Towers Hotel in Dubai

Doha Bank named ‘Best Regional Commercial Bank’ at The Banker Middle East Industry Awards 2015

DOha BaNk NaMED ‘BEST rEgIONaL COMMErCIaL BaNk’ aT ThE BaNkEr MIDDLE EaST INDuSTry awarDS 2015

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After bagging a record number of awards and recognitions in 2014, including two prestigious awards for excellence in environmental and social responsibility, Doha Bank recently added yet another triumph to its growing list of accolades when it won the “Environmental Award” bestowed by the Arab Organization for Social Responsibility.

This is the second successive year that Doha Bank has been honored with the Environmental Award, which recognizes outstanding achievement in environmental stewardship.

Mr. Khalifa Abdulla Al-Kabi, Head of Recovery at Doha Bank, received the award at a ceremony held at Murooj Rotana Hotel in Dubai which was attended by Mr. Pierre Moukarzel, President of the Arab Organization for Social Responsibility, Dr. Mohammed Essa Al Adwan; Ambassador of the Arabian Cooperation Affairs at the Arab Organization for Social

Responsibility, and a number of senior government officials and banking industry leaders.

“At Doha Bank, we understand that we have a responsibility towards not only our customers, employees and shareholders but also towards the planet we live on and the communities in which we operate,” said H. E. Sheikh Fahad Bin Mohammad Bin Jabor Al Thani, Chairman of the Board of Directors of Doha Bank. “Improving our own environmental performance – through acting in an ecologically responsible manner that helps reduce resource waste and save energy – is something we place great emphasis on, and serves as the foundation upon which our community outreach programs – aimed at promoting public awareness and participation in sustainability initiatives – are built.”

H. E. Sheikh Fahad Bin Mohammad Bin Jabor Al Thani, Chairman of the Board of Directors of Doha Bank

added, “Doha Bank is recognized as an environmental leader in Qatar and the region and the awards and accolades that continue to come our way are a testament to the collective impact of our efforts in bringing our employees, partners and customers together to leave a positive footprint on the world we share.”

Doha Bank is one of the very few institutions in the region that have an active “green” policy in all areas, and the Bank’s corporate headquarters in West Bay are LEED certified and designed to save energy while maximizing ambient comfort. The Bank also maintains a well-defined Environmental Policy that encourages staff at all levels to “Reduce, Reuse & Recycle” to minimize resource utilization.

Doha Bank wins ‘EnvironMEntal awarD’ at araB organization For social rEsponsiBility awarDs 2015

Doha Bank wins ‘Environmental Award’ at Arab Organization for Social Responsibility Awards 2015

This is the second successive year that Doha Bank has been recognized with the prestigious Environmental Award


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In a move aimed at boosting liquidity in the private sector and providing increased credit flows to small and medium enterprises (SMEs) in Qatar, Doha Bank in collaboration with Qatar Development Bank (QDB) is actively participating in financing SME projects under QDB’s Al Dhameen guarantee program.

Doha Bank offers a complete range of SME products and services including Working Capital Financing, Trade Finance Services, Consultancy Services, and Electronic Banking Services.

SMEs and startups in Qatar can receive capital financing up to QR 15 million and can access a full range of credit facilities under the Al Dhameen program. To increase convenience for SME customers, Doha Bank has ensured that documentation and processing is quick and hassle-free;

furthermore, each customer is assigned a dedicated relationship manager.

“The Al Dhameen program marks a milestone in the development of the SME sector in Qatar, providing medium and long-term financing options that have enabled businesses across an array of industries to succeed and flourish. Doha Bank’s active participation in this initiative will further catalyze growth in the SME sector, which forms a fundamental part of Qatar’s economy,” said Dr. R. Seetharaman, CEO of Doha Bank. He added, “Doha Bank has a long history of supporting small and medium enterprises in Qatar. Last year, Doha Bank managed to garner approximately 20% share of the Al Dhameen guarantees issued by QDB, and we remain determined to continue meeting the financing requirements of SMEs in order to

facilitate their journey towards the next stage of growth and contribute to Qatar’s diversification agenda.”

Any Qatari small and medium enterprise or joint venture whose annual turnover does not exceed QR 30 million can apply for finance from Doha Bank under the Al Dhameen program. For existing companies, Al Dhameen guarantees of up to 75% of the unsecured outstanding principal are issued, whereas for startups, companies less than 3 years old that are 51% Qatari-owned are eligible for guarantees of up to 85% of the loan amount.

Companies can apply for Al Dhameen financing facilities at any Doha Bank branch in Qatar.

Doha Bank managed to garner approximately 20% share of the Al Dhameen guarantees issued by QDB in year 2014

Doha Bank rolls out sME Financing options unDEr QDB’s al DhaMEEn prograM

Doha Bank Rolls Out SME Financing Options under QDB’s Al Dhameen Program

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DOha BaNk COMpLETESThE aMaLgaMaTION Of ThE INDIa OpEraTIONSOf ThE hSBC BaNkOMaN S.a.O.g wIThDOha BaNk Q.S.C. –INDIa OpEraTION

H.E. Sheikh Fahad Bin Mohamed Bin Jabor Al Thani – Chairman of Board of Directors of Doha Bank informed that Doha Bank Q.S.C. India operations have completed the process of Amalgamation of the India Operations of the HSBC Bank Oman S.A.O.G as at the close of

business on March 31, 2015 and have taken over the operations of their two branches at Raheja Centre in Mumbai, Maharashtra State and in Kochi, Kerala State in India as a going concern basis.

H.E. Sheikh Fahad Bin Mohamed Bin

Jabor Al Thani also stated that the Scheme of Amalgamation was in line with the approval accorded by the Regulatory Authorities in Qatar, Sultanate of Oman and India viz. Qatar Central Bank, Central Bank of Oman and Reserve Bank of India respectively.

H.E. Sheikh Fahad Bin Mohammad Bin Jabor Al-Thani(Chairman)

A MODERN GATEWAYTO INCREDIBLE DEALS@ www.dohasooq.com

Doha Sooq A gateway to incredible deals and great shopping experience

Doha Bank proudly announces the re-launch of its next-generation e-commerce hub, Doha Sooq.The upgraded e-mall opens its doors to contemporary looks, an exhaustive product suite and a number of the latest e-commerce features that will appeal to shoppers and merchants alike.

Visitors to www.dohasooq.com will be able to shop from a wide variety of product categories like mobile phones, TVs, laptops, refrigerators, handbags, sunglasses, shoes, flowers, cakes, sweets, electronics, luxury watches, perfumes, cosmetics, body care products, and fashion accessories apart from booking tickets for special events.

Doha Sooq partner merchants and potential shoppers will be particularly impressed with the advent of a section on

“Hot Deals” where discounted products are featured on a weekly basis. This gives merchants an ideal platform to showcase new product launches, promotional products or even bargain items!

Doha Sooq not only aims at attracting shoppers from within the country but also encourages buyers located in other countries, who have friends or relatives living here in Qatar, to use Doha Sooq for gifting on special occasions like anniversaries, birthdays and other festivals.

Merchants willing to sell their products online through Doha Sooq can set up their virtual store at this e-mall without incurring rental costs, labor and inventory costs. Doha Sooq e-mall offers a 24/7 access to customers and a steady stream of opportunities for merchants to list their products for free.

Doha Sooq will also provide flexibility to merchants to run quick promotions on their products. Merchants can also have access to a large and loyal customer base including thousands of social media followers of Doha Sooq for promoting their products at no extra cost.

Doha Bank completes the Amalgamation of the India Operations of the HSBC Bank Oman S.A.O.G with Doha Bank Q.S.C. – India Operation

Doha Bank rE-launchEs its nExt-gEnEration E-coMMErcE huB


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DOha BaNk CEO hONOrED wITh ‘LIfETIME aChIEvEMENT awarD’ aT ThE BaNkEr MIDDLE EaST INDuSTry awarDS 2015

Doha Bank’s CEO, Dr. R. Seetharaman, was conferred with the Lifetime Achievement Award at The Banker Middle East Industry Awards 2015 held recently at Jumeirah Emirates Towers Hotel in Dubai. Dr. Seetharaman was recognized not only for his outstanding contribution to the banking industry as the leader of one of Middle East’s most dynamic banks but also for his personal contribution in facilitating a greater understanding of the economic development in the region and his support for social and environmental causes.

The award was presented to Dr. Seetharaman by Rashid Al Mansori, CEO of Qatar Exchange, who was the guest of honor at the ceremony.

A well-known economic expert, Dr. Seetharaman is one of the most prominent personalities in the Middle East banking sector and is the recipient of numerous regional and international

awards for banking excellence. He holds multiple doctorates, including a Ph.D in Global Governance from European University.

“It’s really special – and indeed very humbling – to receive such a prestigious honor at the most important awards event for our region’s banking industry,” Dr. Seetharaman said. “Doha Bank has a great team that is passionate about building innovative products and services that meet the needs of our customers. My core focus as the leader of this talented and dedicated team of professionals has been to inspire them to achieve exceptional financial results for the Bank while striving to embed a culture of environmental and social responsibility into the fabric of our business.”

Dr. Seetharaman is a recognized thought leader in the regional banking industry and has pioneered Doha

Bank’s efforts to create a greater depth of understanding on key business and economic issues through hosting various conferences, business forums and seminars.

Under Dr. Seetharaman’s stewardship, Doha Bank has consistently posted strong financial results and has expanded its presence across the GCC and beyond. In April this year, the Bank celebrated a major milestone in its international expansion by formally launching operations in India with the opening of two branches in Mumbai, the country’s commercial capital. Doha Bank has also played a key role in advancing Qatar’s push towards diversification through its support for key growth sectors such as small and medium enterprises (SMEs).

Dr. R. Seetharaman receiving the award from Mr. Rashid Al Mansori, CEO of Qatar Exchange for his outstanding contribution to the banking industry as the leader of one of Middle East’s most dynamic banks

Doha Bank CEO Honored with ‘Lifetime Achievement Award’ at The Banker Middle East Industry Awards 2015

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DBFS Launches New Products under NBFC

DBFs launchEs nEw proDucts unDEr nBFc

Doha Brokerage & Financial Services Ltd. (DBFS Group), head-quartered in Kochi, India, has already established its presence as a brokerage and wealth management company and is expanding its business activities to non-banking finance. The NBFC subsidiary of the DBFS group, DBFS Finance & Leasing (India) Ltd. is entering the marketplace in a big way with new product lines. DBFS Finance & Leasing (India) Ltd is a Reserve Bank of India-registered NBFC, which is currently offering Loan against Shares for its captive clients in the brokerage business. DBFS Finance & Leasing (India) will now offer more products such as personal and consumer loan, property loan and gold loan. The new products were officially introduced at the launch event in Kochi in June 2015 by the Honorable Mayor, Mr.

Tony Chammany, in the presence of Doha Bank CEO, Dr. R Seetharaman.

“Non Banking Financial Companies (NBFCs) are emerging as an integral part of the Indian financial system. They have recorded consistent growth in recent years and have played a key role in the evolution of a competitive and dynamic financial system. The key business success factors for NBFCs include their ability to contain risk, adapt to changes and tap demand in markets. In particular, NBFCs have played a salutary role in the development of important sectors like Road Transport and Infrastructure which are the lifelines of the Indian economy. NBFCs are currently passing through a crucial phase where RBI has issued a revised regulatory framework with the objective of harmonizing it

with banks and financial institutions,” said Dr. Seetharaman.

For DBFS, the launch of a full-fledged NBFC is a major strategic move. “Hitherto, we have been focused more on brokerage and investment related products,” said Mr. Prince George, Managing Director of DBFS. “Offering non-banking financial products is a logical extension of our activities, which can effectively be rolled out through our distribution network. Our immediate target is to build a reasonable loan book size to balance revenues from both wealth management business and NBFC business.”

The new products were officially introduced at the launch event held in Kochi by the Honorable Mayor, Mr. Tony Chammany, in the presence of Doha Bank CEO, Dr. R Seetharaman


18 Doha Bank Inaugurates South Africa Representative Office

Doha Bank inaugurated its Representative Office in South Africa in June 2015. A ribbon-cutting ceremony was held at the new office in Johannesburg to mark the occasion, followed by a reception held at the city’s Michelangelo Hotel.

Key dignitaries who attended the function included His Excellency the Ambassador of the State of Qatar to South Africa – Mr. Salem Abdulla Al-Jaber; His Excellency the High Commissioner of the Republic of Singapore – Mr. Thai-Keong Chau; and His Excellency the Ambassador of the Republic of Turkey – Mr. Kaan Esener, among others.

Speaking at the inaugural function, Dr. R. Seetharaman, CEO of Doha Bank, shared insights on the bilateral relationship between South Africa and GCC countries. He said, “GCC–South

Africa bilateral trade was around $12bn in the last 3 years. Exports to GCC from South Africa stood around $2bn while imports from GCC by South Africa totaled around $10bn. The major exports to GCC from South Africa are base metals, machinery and mechanical appliances, and vegetable products, whereas crude oil, chemicals and plastics constitute the main imports from GCC by South Africa.”

“South Africa is expected to grow at 2 percent this year. Mining is the backbone of the South African economy and contributes to significant earnings from exports. South Africa’s consumer price index climbed to 4.6 percent year-on-year in May 2015 due to weaker rand-dollar exchange rate as well as higher oil prices. South Africa‘s current account deficit was at 5.4 percent of GDP in 2014, while the recent budget has forecasted a budget deficit of 3.9

percent of GDP,” he added.Shedding light on the way forward for Doha Bank, Dr. Seetharaman said, “ Doha Bank hopes to attract the support of key South African banks to initially establish Nostro account relationships in Gulf Cooperation Council (GCC) currencies and Indian rupees, as well as affording them trade finance support, risk sharing and syndication loans.”

Noting that infrastructure development in GCC economies is continuing apace, Dr. Seetharaman said that food supply requirements of the GCC can be catered to by South Africa. “Tourism is also an area where both regions can build relationships and South Africa can participate in FIFA World Cup-related projects in Qatar. Doha Bank is looking forward to opportunities arising from the above developments.”

The inauguration ceremonywas attended by severaldignitaries including H.E.Salem Abdulla Al-Jaber, theAmbassador of the State ofQatar to South Africa, His Excellency the HighCommissioner of the Republic of Singapore – Mr. Thai-Keong Chau;and His Excellency the Ambassador of the Republic of Turkey – Mr. KaanEsener, among others.

DOha BaNk INauguraTES SOuTh afrICa rEprESENTaTIvE OffICE

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As part of its Corporate Social Responsibility (CSR) initiatives and its ongoing support of humanitarian causes, Doha Bank recently extended financial support to the Qatar Society for Rehabilitation of Special Needs for purchase of medical equipment.The cheque was handed over by Mr. Ahmed Ali Al Hanzab, Head of Administration of Doha Bank, to Mr. Taleb Ofaifa, Board Member of Qatar Society for Rehabilitation of Special Needs.

“At Doha Bank we always strive to find ways to reach out to those in need,” said Mr. Ahmed Ali Al Hanzab. “Doha Bank is committed to an inclusive and equitable society that upholds the rights and dignity of all people without discrimination,

and improving the quality of lives of underprivileged sections of our society continues to remain a key CSR priority for us.”

He added, “The Qatar Society for Rehabilitation of Special Needs has, for the past several years, been engaged in promoting a culture of non-discrimination and respect for diversity while striving to improve access to quality education and healthcare for people with disabilities, and we are happy to support them in their noble endeavor. We believe the private sector has a crucial role to play in the development process and making direct financial contributions can go a long way in creating equal opportunities for people with special needs and facilitating their integration into society.”

An acknowledged CSR leader in Qatar, Doha Bank has received a number of regional and international awards for demonstrating excellence in social and environmental responsibility, including the “2015 Golden Peacock Global Award for Corporate Social Responsibility” and the “2015 Environmental Award” given out by the Arab Organization for Social Responsibility.The Qatar Society for Rehabilitation of Special Needs is a humanitarian organization that aims to support and develop the skills and capacities of people with disabilities and enable them to take an active part in society and lead a normal life.

Doha Bank Extends Financial Support to Qatar Society for Rehabilitation of Special Needs

Doha Bank ExtEnDs Financial support to Qatar sociEty For rEhaBilitation oF spEcial nEEDs

Mr. Ahmed Ali Al Hanzab, Head of Administration at Doha Bank, handed over the cheque to Mr. Taleb Ofaifa, Board Member of Qatar Society for Rehabilitation of Special Needs


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Doha Bank hosted a knowledge sharing session entitled “Opportunities in Qatar” at the Mandarin Oriental, Tokyo. The event was attended by several dignitaries including H.E. Hassan Al-Hemaidi, Second Secretary of the Embassy of the State of Qatar in Japan, H.E. Deepa Gopalan Wadhwa, Ambassador of India to Japan, and senior executives of major Japanese companies who have relationships in Qatar.

Speaking at the event, Dr. R. Seetharaman, CEO of Doha Bank, said, “Bilateral trade between Japan and Qatar has increased from $31.1 billion in 2011 to $35.3 billion in 2014 mainly on account of surge in exports to Japan. Qatar’s foray into the global LNG market was realized with the shipment of the first output from a Qatargas plant in October 1996 to Japan’s Chubu Electric Power. Japanese companies secured contracts to build the port at Ras Laffan. Japan’s chief exports to Qatar include automobiles, industrial materials, electronics and cables; as many as 70 percent of cars on the roads of Qatar are Japanese.

Japan imports mainly crude oil and gas from Qatar; other imports from Qatar include aluminum, organic chemicals, iron, plastics and fertilizers.”

Commenting on Qatar–Japan trade relations in the hydrocarbon segment, he said, “Qatar is Japan’s second-largest LNG supplier and third largest supplier of oil. In 2012, Japanese utility Kansai Electric Power Co signed a contract with the world’s top LNG producer Qatargas to buy 500,000 tons per year (tpa) of liquefied natural gas (LNG) for 15 years from January 2013. This is in addition to an existing contract for 290,000 tpa for 23 years from 1999 to 2021 which was signed with Qatargas 3. The move comes as the company has been increasing spot LNG purchases from Qatar to fill the void of nuclear power it had lost following the massive March 2011 earthquake and tsunami. Tokyo Electric Power has signed a contract with Qatargas 1 to purchase 1 million tons per year of LNG from 2012. In August 2013, a MoU was signed between Japan Oil, Gas and Metals

National Corporation (JOGMEC) and Qatar Petroleum (QP) concerning development of oil and natural gas.”

Turning his attention to the Qatar economy, Dr. Seetharaman said, “Qatar’s economic growth is expected to rise to 7 percent this year. Qatar Central Bank’s foreign currency reserves are more than $40 billion and Qatar Investment Authority, the sovereign wealth fund, has a surplus of about $160 billion. Spending to encourage Qatar’s non-hydrocarbon diversification will remain high, and consequently the allocation towards health, education and infrastructure is expected to increase. The private sector can play a key role in Qatar’s non–hydrocarbon diversification. Qatar has extended the 2014-15 budget for 9 months until December 31, 2015 as it will follow a new January-to-December fiscal year from 2016. A sum of $18 billion has been earmarked for mega development projects in the budget.”

Qatar and Japan are Friends Indeed

Dr. R. Seetharaman, CEO of Doha Bank, with H.E. Hassan Al-Hemaidi, Second Secretary of the Embassy of the State of Qatar in Japan, and other dignitaries at the “Opportunities in Qatar” knowledge sharing session held in Tokyo

QaTar aND JapaN arE frIENDS INDEED

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Doha Bank Breaks New Ground in Corporate Cash Management with ‘Tadbeer’ Web-Based Platform

Doha Bank continues to consolidate its position in the corporate banking market thanks to the rising popularity of “Tadbeer” – the Bank’s innovative cash management system that has been transforming the way businesses in Qatar control and manage their finance.

The first integrated cash management software platform in Qatar, “Tadbeer” is designed to address a full range of collections, payment, liquidity management, and reporting services, providing customers a single online interface that is capable of managing all aspects of their cash management requirements, including payables, receivables and liquidity information.

“By providing customers direct, real-time access to their bank accounts and by centralizing their receivables

and payables on one electronic banking system, ‘Tadbeer’ empowers organizations across the business spectrum with unparalleled control of their cash management operations, allowing them to manage their cash flow faster and more efficiently,” said Dr. R. Seetharaman, CEO of Doha Bank. “This unique service continues Doha Bank’s tradition of innovation and represents a significant milestone in our push towards paperless banking.”

“Effective management of cash flow is important for any new or growing business, and is often critical to business survival. As a customized online platform with an advanced web-based interface, ‘Tadbeer’ provides clients access to a variety of cash management services, enabling them to improve operational

efficiency and reduce operating cost through secure, convenient and paperless transactions,” he added.

“Tadbeer” also facilitates better accounting with focus on liquidity optimization, and allows full and precise overview of customer accounts at all times.

Other attractive features of “Tadbeer” include the Doha SecureCash (verified and unverified cash pick-up) and Doha SecureDoc (document pick-up) services. To facilitate these requirements, a cash pick-up service covering all Doha Bank locations within Qatar has been developed.

Doha Bank BrEaks nEw grounD in corporatE cash ManagEMEnt with ‘taDBEEr’ wEB-BasED platForM

‘Tadbeer’ is the first integrated cash management software platform in Qatar


22 Doha Bank Summer Promotion Offers up to 10% Cash Back on Credit Card Spends

Doha Bank unveiled an exciting new promotion that gives the Bank’s credit cardholders multiple reasons to celebrate the summer, Ramadan, Eid and Back to School seasons. Launched for the 5th consecutive year, the summer holiday promotion allows Doha Bank cardholders to enjoy some of the most rewarding cash back and lucky draw offers in the region on their overseas credit card spends until 31 August 2015.

Those opting to travel to cooler climes to escape the summer heat will be rewarded with 5% cash back every time they use their credit cards overseas, whether to book a hotel room, dine out in a restaurant, or buy the latest designer wear. That’s not all, last minute souvenir or gift shopping prior to departure or even shopping for presents, perfumes, chocolates,

electronics or anything else one’s heart desires at the Qatar Duty Free outlets and kiosks at the Hamad International Airport will earn cardholders an unbeatable 10% cash back.

If that isn’t enough, all cardholders who use their credit cards for a minimum of QR 3,000 during the season - be it on fashion, entertainment, food and beverages, electronics, holiday bookings for the future, leisure activities, healthcare, home furniture etc. - will be entered into a lucky draw for a chance to win one of 100 travel vouchers worth QR 1,000 each. The travel voucher will allow cardholders to save QR 1,000 on their next Qatar Airways ticket booking.

Doha Bank CEO, Dr. R. Seetharaman said on the launch of the campaign: “Doha Bank’s summer credit card offers have

been the most successful and rewarding promotions of their kind in recent years and each year the Bank strives to deliver new and exciting offers that help our customers gain more value from their vacation spending and summer purchases using their cards. By giving our customers handsome Cash Back rewards, this summer, all Doha Bank cardholders will be rewarded on every purchase they make at Qatar Duty Free or anywhere else around the world.”

Doha Bank’s Head of Retail Banking, Mr. Suresh Bajpai, added: “Automatic cash back rewards will be credited to all eligible cardholders at the end of the promotion so every customer is able to receive value from all their summer spending.”

Exclusive summer holiday promotion allows Doha Bank cardholders to enjoy some of the most rewarding cash back and lucky draw offers in the region on their overseas credit card spends

DOha BaNk SuMMEr prOMOTION OffErS up TO 10% CaSh BaCk ON CrEDIT CarD SpENDS

23


‘Qatar’s Innovative Financial Inclusion Model Strengthens Financial Stability’

Doha Bank’s CEO Dr. R. Seetharaman participated in the International Arab Banking Summit 2015 held in Budapest, Hungary in the second week of June. Senior diplomats, banking leaders and regulators from across the globe attended the event, which was hosted under the theme “Financial Inclusion for Social Development and Stability”.

Dr. Seetharaman was one of the participants in a panel discussion on the topic “Boosting Jobs and Reducing Poverty”.

Speaking at the session, Dr. Seetharaman gave insights on the financial inclusion scenario globally. He said, “Recent studies have shown that 62 percent of the world’s adult population has a bank account, up from 51 percent in 2011. In 2011, as many as 2.5 billion adults were unbanked, compared to only 2 billion today. This shows that the global push towards financial inclusion is gaining strength.”

He added, “World over, emerging countries have witnessed wider financial participation from their people. The

G20 principles for financial inclusion comprise of leadership, diversity, innovation, protection, empowerment, co-operation, knowledge, proportionality and framework. The G20 has established Global Partnership for Financial Inclusion (GPFI), a consultative mechanism which includes non-G20 countries and other key stakeholders to maximize the impact of the G20’s work on financial inclusion.”

Dr. Seetharaman stated that improved access to the financial system can reduce income inequality, boost job creation, and make people less vulnerable to unexpected losses of income. “People who are ‘unbanked’ find it harder to save, plan for the future, start a business, or recover from a crisis. In 2014, India launched the Prime Minister’s People Money Scheme which is a national mission for financial inclusion to ensure the population has access to financial services, such as Banking Savings & Deposit Accounts, Remittance, Credit, Insurance and Pension, in an affordable manner.”

Commenting on Qatar‘s Digital Government 2020 strategy, Dr.

Seetharaman said, “The Qatar Digital Government 2020 Strategy focuses on people; it envisions the use of technology to deliver real benefits to the people of Qatar, whether they are citizens, residents or visitors, private organizations or government entities. It aims to enhance the customer experience, provide greater access to government services, and improve government efficiency, leading to better outcomes for the nation. Innovations in technology - such as mobile payments, mobile banking, and borrower identification using biometric data - make it easier and less expensive for people to use financial services, while increasing financial security.”

He added, “The Ministry of Information and Communications Technology (ictQATAR) works to bridge the digital divide in Qatar so that everybody can be a part of Qatar’s information society through the Digital Inclusion program which is the process of reaching out to the Qatar population. Qatar’s innovative financial inclusion model strengthens financial stability.”

‘Qatar’s innovativE Financial inclusion MoDEl strEngthEns Financial staBility’

Doha Bank’s CEO Dr. R. Seetharaman was one of the speakers at the International Arab Banking Summit 2015 held in Budapest, Hungary


24 Doha Bank Organizes Tree Planting Event in Dukhan

Doha Bank recently organized a tree planting event in the northeast area of its Dukhan branch under the theme “Plan and Plant for the Future”, as part of its CSR (Corporate Social Responsibility) strategy. The initiative aimed to increase awareness about the role of trees in biodiversity conservation and emphasize the civic duty of residents in preserving the environment for future generations.

Staff from various departments and branches joined hands with members of the Green Banking Task Force Committee and the Planet Savers Club of the Bank, to plant trees, shrubs and flower-bearing varieties such as Phoenix Dactylifera, Conocarpus, Ficus Altissima, Ziziphus Spina-Christi, Delonix Regia, Citrus Lemon, Cassia Fistula, Cassia Javanica, Bougainvillea, Lantana,

Dodonaea Viscosa and Tecoma Stans, to name a few.

“By encouraging our staff to act as environmental change agents, Doha Bank continues its mission to increase green awareness and promote more sustainable habits within the community. As environmental advocates, setting an example for other institutions will inspire several others to leave a positive impact on the environment for many future generations to come,” said Dr. R. Seetharaman, CEO of Doha Bank. “Preservation of nature’s elements is vital to ecological sustainability and it is our collective responsibility to ensure the preservation of trees, especially at a time when climate change has emerged as one of the most pressing challenges facing humanity.”

Doha Bank’s tree planting initiative coincided with this year’s Earth Day, which was celebrated by the global community on 22 April 2015, with an aim of planting 10 million trees around the world.

In line with this initiative, Doha Bank is also promoting registration of its Green Accounts and e-Statements to reduce the printing of paper bank statements – encouraging customers to participate in its Green Banking drive. Doha Bank ATMs also display messages to discourage printing of receipts, persuading users to rely upon the SMS service for account balances and confirmations. Moreover, Doha Bank also offers Green Cards – as part of which 1% of customers’ spending is donated towards its green causes.

Doha Bank staff from various departments and branches joined hands with members of the Green Banking Task Force Committee in planting saplings at the Dukhan Garden

DOha BaNk OrgaNIzES TrEE pLaNTINg EvENT IN DukhaN

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The latest prize draw for Doha Bank’s Al Dana Savings Scheme produced a total of 86 winners

Doha Bank Names Winners of the Year’s Third and Fourth Al Dana Savings Scheme Draw

Doha Bank announced the winners of the year’s third and fourth monthly draw for its Al Dana Savings Scheme. The draw held at the Bank’s headquarters in West Bay produced a total of 86 winners as Qatar’s leading private bank continued to reward its customers as part of its drive to encourage a savings culture among nationals and residents.

Mr. A.M. Hamo, winner of the QR 1 million mega prize in the year’s fourth draw, joined the celebration at Doha Bank headquarters where he collected the cash prize: “I am glad to be the winner of the Al Dana QR 1 million prize this month and I invite all my friends and family members to save with the Al Dana savings scheme from Doha Bank to stand a chance in the upcoming draws,” he said.

Mr. M. I. Ahmed, winner of the QR 1 million prize in the third monthly draw of the year, was speechless after learning of his prize win and

said excitedly: “It feels great to be a millionaire; I have been banking with Doha Bank since 2008 and the prize money I have won has certainly changed my life. I plan to continue my education, perhaps start a business after my graduation and help my father with his business in Qatar which he calls his home away from home.”

The latest winners in the Al Dana draw this year included C.E. Dumont who won QR 100,000 in the Monthly Premium Draw for customers maintaining at least QR 250,000 in their Al Dana accounts, and J. P. M. Mamawal who took home a sum of QR 50,000. Four lucky winners were awarded QR 25,000 and 10 winners received QR 10,000 each, with a further 24 customers receiving QR 5,000 each. “For Doha Bank, the Al Dana prize draws represent a means for showing our appreciation to our customers for their continued patronage, at the same time providing a platform for

us to drive home the importance of saving to a wider community,” said Dr. R. Seetharaman, CEO of Doha Bank. “To those yet to embrace a savings culture, the campaign demonstrates the benefits of saving with Doha Bank and the exciting rewards it could fetch them through the most credible of proof points – real-life examples of hundreds of customers who find their lives transformed on winning a share of the prize bonanza on offer each year.”

New account holders were not to be left out in the latest draw with Doha Bank introducing a special prize draw for customers in this category that saw 20 new-to-Al Dana customers receive a brand new iPhone 6 each. A further 20 iPhone 6 smartphones were awarded to young savers to recognize their commitment to saving at an early age.

Doha Bank naMEs winnErs oF thE yEar’s thirD anD Fourth al Dana savings schEME Draw


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Doha Bank Assurance Company, a wholly owned subsidiary of Doha Bank which was recently upgraded to BBB+ by Standard & Poor’s, hosted a knowledge sharing session for its institutional clients in collaboration with its specialized financial lines insurance partner AIG. Held at Doha Bank Tower, the event aimed at providing Doha Bank’s clients with a greater understanding of Directors’ and Officers’ (D&O) liability exposures, while highlighting insurance solutions that are best suited to address these risks.

Commencing the session, Mr. Dag Reichel, Head of Wholesale Banking, Doha Bank, said, “This knowledge sharing session is a forum to provide awareness of risks faced by senior management staff and solutions through the D&O cover.”

Mr. Brett Pennington, Head of Insurance, DBAC, said, “DBAC is pleased to present this interactive session focusing on this specialty line of insurance, and to partner with AIG in

respect of the provision and access of this cover for all of our clients.”

The session featured presentations by two senior officials from AIG– Alexander Blom, Head of Financial Lines, MENA, and Muhannad Abdulmajeed, Financial Institutions & Special Risks Leader, MENA. The interactive presentations delved into several important topics related to liability risk management for senior executives such as increased exposures, corporate governance, D&O liability insurance and their advantages, policy structure and claims.

Bringing the audience’s attention to common myths surrounding the topic of management liability, Alexander Blom said, “Directors and Officers often seem to be under the mistaken impression that they have limited liability, or that they cannot be held liable since they have delegated their authorities. Other common misconceptions prevalent among senior management executives

include a belief that the company can indemnify them, and that their personal assets will remain untouched in the event of a lawsuit. Clearing up these misconceptions is fundamental to understanding the importance of purchasing D&O liability insurance and thereby ensuring personal finance protection.”

Enumerating the advantages of D&O liability insurance, Muhannad Abdulmajeed said, “Purchasing this type of insurance allows Directors and Officers to cover fines/legal expenses incurred in defending themselves and also ensure protection of their reputation and personal financial assets, at practically no cost to themselves. For companies, meanwhile, this increases their ability to attract and retain talented executive leaders. D&O cover also provides protection to companies listed on the stock exchange against claims brought by shareholders, investors or regulators alleging breach of the securities laws or market regulations.”

The knowledge sharing session featured presentations by senior AIG officials that delved into several important topics related to liability risk management for senior executives

DOha BaNk aSSuraNCE COMpaNy hOSTS kNOwLEDgE SharINg SESSION fOr CLIENTS ON D&O LIaBILITy INSuraNCE

Doha Bank Assurance Company Hosts Knowledge Sharing Session for Clients on D&O Liability Insurance

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Doha Bank, sBF - iEs holD BusinEss ForuM to proMotE Qatar-singaporE EconoMic coopEration

Doha Bank, in collaboration with the Singapore Business Federation (SBF) and International Enterprise Singapore (IES), hosted a business forum at its headquarters in West Bay to promote trade and investment relations between Qatar and Singapore and encourage stronger bilateral cooperation across key economic sectors.

The forum was organized in conjunction with a high-level visit from an SBF business delegation. The delegation was in Doha for the first leg of a 6-day visit to Qatar and the UAE aimed at enabling participants to gain first-hand understanding of the overall market dynamics and opportunities in these important Gulf States, increase profile of Singapore businesses operating here and establish useful business and official contacts through its network of associations and chambers, investment promotion agencies and professional services.

Qatari and Singaporean companies from several different industries – including oil and gas, real estate, building materials, education and finance – participated in the business forum.

Addressing the forum, Doha Bank CEO Dr. R. Seetharaman said, “This is the fourth time an SBF delegation is visiting Qatar in recent years, which reflects the strengthening trade and investment relations between our two nations. With Qatar now seeking to further diversify its economy and develop a strong private sector, the Government of Qatar has relaxed business regulations in the country besides offering a number of incentives to foreign investors.”

“Singapore is well-positioned to take advantage of the attractive economic opportunities offered by the State of Qatar, particularly now that the GCC-Singapore Free Trade Agreement

(GSFTA) has come into force, and we expect this latest visit by the SBF delegation to open new doors of bilateral economic cooperation between Qatar and Singapore which will eventually enable Singaporean companies to play a greater role in Qatar’s development story,” he added.

The Singapore Business Federation has an existing MoU with the Qatar Chamber of Commerce and Industry (QCCI).

The SBF delegation visiting Qatar comprised business leaders and senior representatives from diverse industries including banking and financial services, commodities trading, consultancy, digital media, education, energy, hospitality, automotive, information and communications technology, manufacturing and real estate.

The business forum - hosted at Doha Bank headquarters - was organized in conjunction with a high-level visit from a Singapore Business Federation delegation

Doha Bank, SBF - IES Hold Business Forum to Promote Qatar-Singapore Economic Cooperation


28 Doha Bank Extends Support to Traffic Department

As part of its CSR initiatives and its commitment to continuously support activities that are aimed for the greater good of the community, Doha Bank announced its financial support to the various activities organized by the Traffic Department - Ministry of Interior.

Mr. Khalid Alnaama, Head of Public Sector at Doha Bank, handed over the cheque to the Director of Traffic Department, Brigadier Mohammed Saad Al Kharji.

The financial support will be directed towards helping the Traffic Department in its quest to raise awareness among nationals and residents in Qatar, especially the youth, on road and traffic safety through an engaging cultural program involving puppet theater, free art workshops and educational workshops on traffic signals, traffic injuries and driving tests.

Mr. Khalid Alnaama said: “As a bank that truly cares about the community,

Doha Bank is proud to be extending its support to strengthen the efforts of the Ministry of Interior in helping spread awareness among citizens and expatriates, to ensure they comply with the applicable traffic rules and laws and contribute to creating a safer community for all.”

DOha BaNk ExTENDS SuppOrT TO TraffIC DEparTMENT

The financial support will be directed towards helping the Traffic Department in its quest to raise public awareness on road and traffic safety through an engaging cultural program

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Reaffirming its commitment to social causes, Doha Bank recently hosted a blood donation drive at its headquarters in West Bay. Organized in partnership with Hamad Medical Corporation’s Blood Donor Unit, the initiative was aimed at shoring up national blood reserves and creating wider awareness of the need for regular blood donations, given the short shelf-life of blood components.

The blood donation drive saw enthusiastic participation from members of the Bank’s staff as well as individuals working in offices in the vicinity of the Doha Bank Tower. In addition, several people who had learned of the initiative from

social media and via word of mouth turned up at the venue to show their support for the cause.

“The need for blood is constant, and so is the need for donations. As well as serving a vital social cause by providing a lifeline to those in need, donating blood can have health benefits for the donors themselves as the body replenishes the blood you donate, thereby cleansing your blood supply,” said Dr. R Seetharaman, CEO of Doha Bank. “We are very proud of our staff members who spearheaded this initiative and would like to thank all those who stepped forward enthusiastically to donate their blood. We also extend our thanks to

Hamad Medical Corporation for their invaluable support in organizing this campaign.”

He added, “At Doha Bank we take our role as a CSR leader very seriously, and we continue to devote a great deal of time and resources to ensure the development, health and well-being of the communities in which we operate.”

Doha Bank is encouraging people to visit the Blood Donor Unit situated at the Hamad Medical Corporation complex near Sports Roundabout, or contact on 44391081 or 44391082 for more information.

Doha Bank Joins hanDs with haMaD MEDical corporation to holD BlooD Donation DrivE

Doha Bank Joins Hands with Hamad Medical Corporation to Hold Blood Donation Drive

The blood donation drive saw enthusiastic participation from members of the Bank’s staff as well as individuals working in offices in the vicinity of the Doha Bank Tower

The initiative was aimed at shoring up national blood reserves and creating wider awareness of the need for regular blood donations


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Doha Bank hosts BusinEss BrEakFast MEEting with kEy sMEs in Qatar

Doha Bank SME in pursuit of excellence in customer service took another initiative aimed at proactively addressing the needs of small and medium enterprises in Qatar by hosting a business breakfast meeting exclusively for SME customers. The event, held under the theme “Business at Breakfast”, served as a platform for the Bank’s existing as well as prospective clients to share business updates and indicate future plans and requirements in order for the Bank to effectively partner in their growth.

The meeting was attended by Doha Bank CEO Dr. R. Seetharaman, Head of SME Mr. Atul Kinra, Head of Credit Risk Evaluation Mr. Rajesh Malghani, and other key concerned officials of the Bank.

“The ‘Business at Breakfast’ initiative aims at providing a platform for SME units to showcase their potential in the businesses they are running and communicate their future requirements well in advance to all the concerned

stakeholders of the Bank. This enables the Bank to better understand their needs and develop a focused approach to key SMEs, which would ultimately translate to improved overall turnaround time and maximized efficiencies,” said Dr. R. Seetharaman.

“Doha Bank is aware of the pivotal role that SMEs play in broadening the economic base of Qatar and in driving sustainable, long-term growth. As always, we are committed to providing them with the support they need to succeed in their business and participate more vigorously in Qatar’s diversification story,” he added.

Commenting on the initiative, Mr. Vivek Malhotra, Partner, New Era Controls, said, “I am really thankful to Doha Bank officials for the opportunity provided to showcase our business strengths. The event co-attended by Business and Risk representatives of the Bank provided a good opportunity for us to raise and discuss several pertinent issues. Doha Bank has always been our preferred

financial partner and has played a significant role in our growth.”

Mr. Binoy Varughise, Partner at Mall of Asia, said, “This is a very innovative move by Doha Bank. Individual attention to customers like us is truly inspiring as it allows us an opportunity to provide a ringside view of our business to all concerned stakeholders of the Bank. Doha Bank has always adopted a solution-oriented approach when it comes to addressing our needs and we are very happy with their services.”

Doha Bank’s SME unit offers a comprehensive range of products like working capital, term lending, and contract financing products. In addition, Doha Bank SME offers specialized services such as cash management, payroll products, trade services, forex solutions, insurance solutions, and more.

The ‘Business at Breakfast’ event served as a platform for the Bank’s existing and prospective clients to share business updates and indicate future plans and requirements

Doha Bank Hosts Business Breakfast Meeting with Key SMEs in Qatar

31


Doha Bank Academy Hosts Exclusive Training Program for Qatari National Employees

Continuing its efforts aimed at fostering the next generation of Qatari leaders in the banking industry, Doha Bank recently held an extensive training program for its Qatari national employees.

In total, 77 Qatari employees from various business divisions participated in the staff training program organized by the Bank’s Human Resources department. The training program was held at Doha Bank Academy over the first quarter of 2015, during which employees were engaged in a variety of courses and seminars to develop their professional skills and knowledge.

“Doha Bank recognizes the value of ongoing training and development programs in ensuring the continued growth of our employees,” said Mr. Abdul Rahman Ali A. Al Mohammed, Head of Human Resources at Doha Bank. “As an organization that has been at the forefront of efforts to build

up a national human capital – which represents one of the main pillars of the Qatar National Vision 2030 –Doha Bank is committed to providing our Qatari employees with every opportunity to improve their skill sets and achieve their professional goals.”

The staff training program covered a broad spectrum of learning activities ranging from Personal Effectiveness, Business Writing Skills, and Teller & Customer Service Certification programs to a detailed program on Retail Branch Controls and Currency Awareness as well as annual refresher programs on Key Banking Systems and Product Knowledge. The initiative also comprised e-Learning programs for all staff covering financial and banking knowledge on crucial topics like Business of Banking, AML & CFT, Operational Risk, Information Security and Business Continuity.

“Advanced training programs such as these benefit employees as well as the Bank in several different ways, and their impact will reflect positively on our operations in terms of better products and services and more satisfied customers,” Mr. Al Mohammed added.

Observing that the Bank’s Qatari employees are generally very eager to acquire the knowledge and job function skills needed to succeed in the workplace and meet the challenges of an ever changing world, Mr. Al Mohammed said that conducting staff training and development programs on an ongoing basis remains a priority for the HR department.

77 Qatari employees from various business divisions participated in the staff training program organized by Doha Bank’s Human Resources department

DOha BaNk aCaDEMy hOSTS ExCLuSIvE TraININg prOgraM fOr QaTarI NaTIONaL EMpLOyEES


32 Doha Bank Hosts Quiz Competition for Staff

Doha Bank recently hosted its annual staff quiz competition which saw 12 teams from various business and operating units compete against each other for the top prize.

This year’s competition proved an engaging, closely fought affair from the start as the teams vied for the five hot seats, with the winners making it through to the final round by the slimmest of margins. The tight competition continued in the finals and eventually, Team “Red Hocks” were crowned winners with “JKM” and “RTM Heroes” securing second and third places. “Team AVD” and “Team FIT” rounded out the top five positions.

The teams that made it to the final 5 were composed of staff members drawn from various departments and different nationalities.The competition featured themed questions in the first round, during

which the teams answered questions on predetermined subjects, while the topics in the subsequent rounds were pulled out of a hat.

Commenting on the event, Dr. R. Seetharaman, CEO of Doha Bank, said, “The annual quiz competition provides an opportunity for staff at different levels of the organization to match wits and test their knowledge of current affairs as well as of specific topics and subject areas. The competition ties in nicely with Doha Bank’s focus on employee training and development and our commitment to providing our staff with continuous opportunities for personal and professional growth.”

He added, “Engaging employees through activities staged within a learning-oriented yet fun-filled environment helps to boost their confidence and knowledge while making them more emotionally

connected to the organization and more enthusiastic about their work. This in turn leads to measurable business outcomes and, ultimately, more satisfied customers.”

Extending his congratulations to the winners, Dr. Seetharaman noted that the competition would not have been possible without the enthusiasm and hard work of the organizing team and the volunteers, and expressed his gratitude to all those who contributed to the event’s success. .

Team ‘Red Hocks’ emerged the eventual winner of the closely fought competition

DOha BaNk hOSTS QuIz COMpETITION fOr STaff

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CONgraTuLaTIONSapril 2015

Occasion Department Name MarriageHE The Chairman’s OfficeNazir Aliyar

MarriageIAD Fahed Hafiz Jabr

MarriageAl Rayyan BranchAhmad Mohamed Ahmed

MarriageCentral Market BranchGeshan Randika Colombatantri

w/ Newborn BabyHR C&B Ala Eldin

w/ Newborn BabyTreasury & InvestmentSandip Kumar

w/ Newborn BabyAswaq Moaither BranchKhalid Mohammad Almajid

w/ Newborn BabyIADSohaib Tariq

w/ Newborn BabyBancassuranceAmit Kumar Jha

w/ Newborn BabySMEAlan Dwight Garcinez

w/ Newborn BabyBancassuranceChetan Kamboj

w/ Newborn BabyFulfillment & Central ArchivesAamer Rabat

w/ Newborn BabyCentral Market BranchTariq Al Shalabi

w/ Newborn BabyRetail Loan AdministrationJefferson Calinao

NEW EMPLOYEES

Braik Ali H S Al MarriBranch Control Manager (RB)

David WhitcroftAGM- Treasury & Investment (T&I)

Ravindrakumar RaoEnterprise Architect (IT)

Sundaresan VenkataramaManager, NR Centre (IBG)


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May 2015

Occasion Department Name MarriageFulfillment & Central ArchiveAhmed Mahmoud

MarriageCash Operations & Br. SupportSamira Musa Mohamed

w/ Newborn BabyOperational RiskSushil Kumar Rai

w/ Newborn BabyOperational RiskMohamad Ballan

w/ Newborn BabyCall CenterBasam Safwat

w/ Newborn BabyCEO's OfficeAthulya Sunil Menon

w/ Newborn BabyBancassuranceAmit Kumar Jha

w/ Newborn BabyCards DepartmentBhargav Reddy

w/ Newborn BabyTraining-HRFarah Ayman Jada

w/ Newborn BabyITMohammed Azeez Rahman

Jun 2015

Occasion Department Name MarriageAl Ruwais BranchKarim Ahmed Mahmoud

MarriageHR TrainingShk. Tamim Fahad Al Thani

MarriageCentral Market BranchJuan Micua

w/ Newborn BabyAbu Dhabi BranchGhussoun Mahmoud

w/ Newborn BabyAbu Dhabi BranchDeepu Nair

w/ Newborn BabyAbu Dhabi BranchAbhijith Bolar

w/ Newborn BabyDubai BranchHessa Yousuf Abbas Daro

w/ Newborn BabyDubai BranchReem Hareb Al Ketbi

w/ Newborn BabyDubai BranchBeena Abraham

w/ Newborn BabyHE The MD's OfficeMohammed Shifan Rafeek

w/ Newborn BabyMushaireb BranchMohammad Manoucheri

w/ Newborn BabyCall CenterKhaled Soliman Salman

w/ Newborn BabyCentral Market BranchRAC Priyal Perrera

w/ Newborn BabySMEHashem Arabi

w/ Newborn BabyDBACRuvimbo Jere

w/ Newborn BabyITMohamed Sha

w/ Newborn BabyRLAFouad Al Fokaha

w/ Newborn BabyITAzad Abdul Rahman

w/ Newborn BabyITAshraf Qattan

TO BE UPDATED - Doha Bank...

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