Doha Bank Opens New Branch in Dar Al Salam Mall

New branch to cater to residents and companies in Abu Hamour area

Dubai, October 28, 2013 - 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.

About Doha Bank
Doha Bank is the largest private commercial bank in the State of Qatar. It was incorporated in 1978 and commenced its banking business (including its International Banking services) in Doha, Qatar on March 15, 1979.

As one of Qatar's leading financial services company, Doha Bank is committed to making banking work for customers and clients like it never has before. Through innovative technologies and the ingenuity of its people, Doha Bank provides individuals and commercial, corporate and institutional clients across Qatar and even internationally, new and better ways to manage their financial lives. The company enables customers to do their banking and investing whenever, wherever and however they choose through an extensive network, and multiple access channels.

The Dubai branch of Doha Bank was opened in 2008.

For further information, please contact:
Ms. Tasneem Raza
Watermelon PR
Dubai, UAE
Tel: +971-4-2833655
Email: tasneem@watermelonme.com