DOHA: Doha Bank has entered into an agreement with Hatton National Bank (HNB) of Sri Lanka for online electronic funds transfer from here to the island-nation. The banks agreed to generate local business for each other, particularly from non-resident Sri Lankan staying in Qatar.
The agreement was signed December 3 at the Doha Bank head office by CEO R Seetharaman and Jayantha Perera, Senior Deputy General Manager (International Business Development) of HNB.
Seetharaman highlighted the presence of the Sri Lankan community in Qatar. He said that there is a need for the banking industry here to have a convenient home country banking arrangement in Qatar for Sri Lankan expatriates to conduct money transfers and for other banking needs.
The tie-up will benefit the Sri Lankan community here and also in Dubai, where Doha Bank has a presence. The services will be offered through the bank's International Relations Centre.
Perera said the arrangement with Doha Bank will benefit Sri Lankan expatriates in Qatar in meeting their home country banking needs and quick remittance of money from here at an affordable cost in a convenient way.
He said this initiative would grow to other areas with an ultimate aim of serving Sri Lankan expatriates, both at individual and the corporate levels, globally.
Present at the signing were A G Abeyesekara, First Secretary and Deputy Head of Mission of the Sri Lankan embassy, Abdul Rahman Al Meer, Executive Manager (Retail Banking), Abdullah Al Assadi, Head of Private Banking and R Ganesan, Executive Manager (International Banking).
© The Peninsula 2007
