Dubai, August 12, 2009: Doha Bank, one of the largest private commercial bank in the State of Qatar, has tied-up with the Nepal Credit and Commerce Bank (NCC Bank), Nepal, to facilitate remittance to Nepal through electronic means. The signing of the agreement was held in Doha, Qatar by Mr. R Seetharaman, CEO, Doha Bank and Mr. Mr. Prithvi Raj Ligal, Chairman, NCC Bank.

Mr Ratna Raj Bajracharya, CEO of NCC Bank was also present at the signing ceremony along with the other officials from Doha Bank.

Commenting on the tie-up, Mr. R. Seetharaman said: "The e-remittance facility will be of immense value to the Nepalese to remit money to Nepal. These facilities will be available through internet also and customers will be able to remit money online in a safe, secured and fast mode."

Mr Prithvi Raj Ligal, Chairman of NCC Bank and Mr Ratna Raj Bajracharya, CEO of NCC Bank expressed happiness over the tie-up and said that this tie-up will benefit the Nepalese Community to meet all their banking requirements in Qatar and also remittance of money to Nepal through Doha Bank.

Mr R Ganesan, Executive Manager - International Banking Division, highlighted that Doha Bank offers remittance facility to many countries like India, Egypt, Philippines, Indonesia, Lebanon, Pakistan, Yemen, Bangladesh and Sri Lanka along with Nepal. This is the most convenient and an 'instant' mode of remittance for expatriate community living in Qatar.

-Ends-

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

© Press Release 2009