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Sat, 31 Jul 2010 | 06:01 GMT
Sat, Jul 31, 2010, 06:01 GMT

Doha Bank   (DHBK.DSM)
Last Trade
45.00QAR
+ 0.45%
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Updated: Sep 10, 2009
 
 
 
Country
Ownership Type
Company Type
Joint Stock
 
 
 
 
Principal Activities
Provides conventional and Islamic commercial banking activities including deposits, loans and credit cards; private banking; bancassurance; brokerage services.
 
Date of Establishment Year
1978
 
No of Employees
800 Company, N/A Group (As of Sep 10, 2009)
 
No of ATMs
108
 
Branches
Qatar Qatar (28) UAE
 
USA Kuwait  
 
Representative Offices
China Japan Seoul
 
Singapore Turkey United Kingdom
 
Romania    
 
Stock Market Listing
Exchange Symbol ID Stock Type Currency
Qatar SE  DHBK DHBK.DSM Ordinary QAR
 
 
Contact Details
Address:
Doha Bank Building
Grand Hamad Street
P.O. Box 3818
Doha
Qatar
 
Tel:
+974 445-6600
 
Fax:
+974 445-6387
 
Email:
corporate@dohabank.com.qa
 
Website:
www.dohabank.com.qa
 
Related Links:
www.dohaislamic.com.qa
www.dohabankinsurance.com

 
 
 Business Overview
Doha Bank provides conventional and Islamic commercial banking and insurance services. It operates in Qatar, the US, Kuwait and the UAE, and has investments in several European and GCC countries.

Established in 1978 and listed on the Qatar Stock Exchange in May 1997, Doha Bank was Qatar’s 3rd largest commercial bank in terms of total assets, totaling QAR39 billion (USD10.7 billion), in 2008, and representing a 29.76% annual increase.

Its total 2008 operating income accounted for QAR1.61 billon (USD444.8 million), an 11.5% annual increase; conventional commercial banking accounted for 87.2%, compared to a total of 88.8%, in 2007; Islamic banking accounted for 11.3%, compared to a total of 11.2%, in 2007; and insurance increased to 1.4% from 0.03%, in 2007.

Doha Bank’s total investments, in 2008, reached QAR3.39 billion (USD931.5 million), an annual increase of 8.9%. Of the total investments, 65% was registered in Qatar, 17% in the GCC, 9% in Europe and 9% in unspecified countries. The bank did not invest in North America, in 2008, as it had the previous year, with a total of QAR119 million (USD32.8 million), or 3.8% of its total investments for the year.
 
 
 Major Shareholders  Section Updated: 11Sep09
Name   Type  Country  Holding 
Qatar Investment Authority  Government Qatar 5.00% 
HH Sheikh Abdullah Bin Nasser Bin Abdulla Ahmad Al Thani  Private Qatar -
HH Sheikh Abdulrahman Bin Mohammed Bin Jabor Al Thani  Private Qatar -
HH Sheikh Abdullah Bin Mohammed Bin Jabor Al Thani  Private Qatar -
HH Sheikh Fahad Bin Mohammed Bin Jabor Al Thani  Private Qatar -
Ahmad Abdulrahman Youssef Obaidan Fakhroo  Private Qatar -
Jabar Bin Sultan Twar Al Kuwari  Private Qatar -
Hamad Mohammed Hamad Abdullah Al Mana  Private Qatar -
Public   - 95.00% 
 Note: Investors can own up to 2% only. All Shareholder's stake mentioned above are part of the public stake.
 
 
 Foreign Ownership Limits
 
Owned Permitted
25%
GCC Nationals
 
25%
Foreigners
 
 
 
 Direct Investments and Related Entities 
Subsidiaries/Associates/Affiliates
Name  Country  Holding 
Dbank Tech UAE 100.00%
Doha Bank Assurance Company [DBAC] Qatar 100.00%
Doha Brokerage Financial Services Company [DBFS] India 49.00%
Investments
Name  Country  Holding 
Universe Investment Company Kuwait 10.00%
Al Madina Gulf Insurance Company Oman 3.00%
Dlala Brokerage and Investment Holding Qatar 3.00%
National Leasing Holding Qatar 2.67%
Al Khaleej Insurance and Reinsurance Company Qatar 2.50%
International Investment Bank Bahrain 1.48%
Qatar Industrial Manufacturing Company Qatar -
 
 
 Representatives
Auditors
Deloitte and Touche Middle East  
 
 
 Financial Results  31-Dec-08  31-Dec-09   Yr on Yr 
  QAR'000 QAR'000 change (%)
2,602,322 2,925,958 12.44
946,502 973,619 2.86
39,002,974 46,010,182 17.97
1,722,482 1,808,606 5.00
4,912,755 5,850,783 19.09
172,248 180,861 5.00
7,234,416 8,518,535 17.75
» View Full Financials
 
 
 
 
 
 
Company information provided by © 2010 Zawya.
 
 
 
 
 

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