Latest news with #AbdulrahmanbinFahadbinFaisalAlThani
Qatar Tribune
5 days ago
- Business
- Qatar Tribune
Doha Bank wins ‘Best Corporate Banking App Qatar 2025' at Global Banking & Finance Awards
Tribune News Network Doha Doha Bank has been named the winner of the Best Corporate Banking App –Qatar 2025 by the Global Banking and Finance Awards, in recognition of its cutting-edge Tadbeer Corporate Mobile Banking App. The accolade reflects Doha Bank's unwavering commitment to innovation, digitalisation, and exceptional client service in the corporate banking space. The Tadbeer app is a next-generation mobile solution designed specifically for businesses, enabling real-time account management, approval of payments, access to corporate credit cards, and seamless execution of local and international fund transfers. Through intuitive design, advanced security features, and flexible access from both mobile and tablet devices, the app empowers corporate clients to take control of their finances anytime, anywhere. Doha Bank Group Chief Executive Officer Sheikh Abdulrahman bin Fahad bin Faisal Al Thani said, 'Receiving this prestigious award attests to the soundness of our strategy of delivering corporate banking solutions that combine innovation with practicality. Tadbeer Mobile is a testament to our efforts to enhance customer experience through secure, responsive, and accessible digital services tailored to the dynamic needs of businesses in Qatar and beyond.' Doha Bank Deputy Chief Executive Officer Dimitrios Kokosioulis said, 'The development of Tadbeer Mobile reflects our deep understanding of our clients' priorities —speed, control, and security. We are proud to deliver a solution that helps businesses manage complexity with simplicity, while staying ahead of digital trends shaping the future of corporate banking.' The award reflects the advancement Doha Bank has achieved in its ongoing digital transformation journey. As part of its broader vision to become the bank of choice in Qatar, Doha Bank has consistently introduced industry-leading fintech features, including multi-factor authentication, secure foreign exchange rate inquiries, and dynamic dashboards, all within a mobile-firstenvironment. The recognition by Global Banking and Finance Review reflects the app's exceptional performance and the bank's role in accelerating Qatar's adoption of digital financial services in alignment with Qatar National Vision 2030.
Qatar Tribune
10-06-2025
- Business
- Qatar Tribune
One of Qatar's leading investors acquire portion of QIA's stake in Doha Bank: GCEO
Tribune News Network Doha Doha Bank has announced that one of Qatar's leading investors had acquired a portion of the Qatar Investment Authority's (QIA) stake in the bank, a step that reflects growing confidence in Doha Bank's performance and outlook. Doha Bank Group CEO Sheikh Abdulrahman bin Fahad bin Faisal Al Thani affirmed that this development reflects the private sector's confidence in the transformative strategy adopted by the bank's new management over the past twelve months, leading to tangible improvements in both financial and operational performance. The new strategy marked a pivotal turning point in the bank's trajectory by enhancing operational efficiency, strengthening growth indicators, and further bolstering the governance framework, thereby contributing to the establishment of Doha Bank as an attractive financial institution for investment both locally and internationally. The GCEO further noted that since the implementation of the new strategy, the bank's assets have grown by approximately 20 percent, rising from QR96.3 billion to QR115.3 billion. This includes an increase in loans from QR56.6 billion to QR 61.8 billion, driven by robust growth in both the corporate and government lending portfolio, as well as the housing loan portfolio. Additionally, the investment portfolio expanded from QR 27.3 billion to QR 36.6 billion, driven by an increase in the bond portfolio, which primarily comprises highly rated securities. On the liabilities side, Doha Bank recorded a notable increase in customer deposits, rising from QR45.3 billion to QR50.1 billion. In 2025, the bank also issued international bonds worth $500 million, one of the most successful issuances by financial institutions in the region. The bank attracted investors from Europe and Asia, achieving one of the highest distribution rates to investors outside the Middle East, with 55 percent of total bond demand coming from international markets. Furthermore, the bank recently secured a syndicated loan of EUR 500 million at the lowest borrowing cost in its history, marking its first syndicated loan in euros. These achievements reflect the bank's funding and liquidity strategy, which is anchored in the principles of diversification and sustainability. These achievements have positively impacted the bank's share price, which surged from QR1.37 to the current level of QR2.44. These results have also attracted a broad segment of foreign investors and global asset managers to invest in the bank's shares. In conclusion, the management of Doha Bank extended its sincere appreciation to the Qatar Investment Authority and the Qatar Central Bank for their continued support. The bank reaffirmed its openness to all investment opportunities and its ongoing commitment to further developments and innovations that strengthen its position and support sustainable growth. The management views this investment as a vote of confidence in the bank's strategy from the private investment sector. In recognising this confidence as an additional responsibility, the bank remains committed to consistently meeting the expectations of its shareholders and investors.
Qatar Tribune
27-05-2025
- Business
- Qatar Tribune
Doha Bank named best bank for homeowners
Tribune News Network Doha Doha Bank has been awarded the prestigious title of Best Bank for Homeowners in Qatar at the 2025 Euromoney Awards for Excellence. The recognition underscores Doha Bank's leadership in transforming the housing finance landscape in Qatar through customer-centric innovation, market responsiveness, and a strong commitment to sustainability. The award reflects the success of Doha Bank's 2024 Housing Loan Campaign, which introduced a new era of responsible and rewarding home financing solutions tailored to the needs of modern homeowners. By offering exclusive incentives, expanded financing options, and a streamlined experience, the campaign redefined what customers can expect from home loans in Qatar. From ready-built properties and residential land to GSAS-certified green developments in Lusail and The Pearl, the bank's portfolio offered wide-ranging solutions built on flexibility and customer value. In addition to competitive benefits such as complimentary life and fire insurance, generous cashback or vehicle offers, and fee refunds, the bank ensured faster turnaround times and deeper engagement with both clients and real estate partners. The campaign was also notable for advancing the bank's ESG strategy, with dedicated green financing offerings developed in collaboration with the Gulf Organisation for Research & Development (GORD) in support of Qatar National Vision 2030. The housing loan portfolio recorded a 23% year-on-year growth, driven by the campaign's strong performance and high customer retention, reinforcing Doha Bank's position as a preferred financial partner for aspiring homeowners in Qatar. Sheikh Abdulrahman bin Fahad bin Faisal Al Thani, Group Chief Executive Officer at Doha Bank, said: 'This award reflects our deep commitment to empowering families and individuals across Qatar to own homes that align with both their aspirations and our nation's sustainability goals. We are proud to lead the way in delivering responsible, customer-focused, and innovative housing finance solutions.' Dimitrios Kokosioulis, Deputy Chief Executive Officer at Doha Bank, added: 'Our Housing Loan Campaign was built around real customer needs: value, simplicity, and trust. The results speak for themselves. This recognition from Euromoney is a testament to our team's dedication to delivering products that not only meet market demand but also promote long-term financial and environmental responsibility.' The recognition from Euromoney further affirms Doha Bank's mission to deliver superior customer experiences and contribute meaningfully to the development of a resilient, inclusive, and future-ready financial sector in Qatar.
Zawya
17-03-2025
- Business
- Zawya
Doha Bank unveils fintech, innovation hub to drive QNV 2030
Doha, Qatar: Doha Bank proudly announces the launch of its Fintech and Innovation Hub, an initiative that underscores its commitment to advancing Qatar's financial services ecosystem and the Qatar Central Bank (QCB) aspirations for fintech excellence. This landmark endeavour aims to foster innovation, collaboration, and transformative solutions within the financial sector, reinforcing Qatar's position as a global leader in financial innovation. Inaugurated by Doha Bank Group Chief Executive Officer Sheikh Abdulrahman bin Fahad bin Faisal Al Thani, the hub serves as a dynamic platform to nurture emerging technologies, support fintech entrepreneurs, and collaborate with stakeholders across the financial and regulatory landscape. This initiative underscores Doha Bank's proactive approach to sustainable growth and technological advancement. Sheikh Abdulrahman bin Fahad bin Faisal Al Thani remarked: 'The Doha Bank Fintech and Innovation Hub embodies our commitment to Qatar National Vision 2030, serving as a catalyst for transforming financial services and fostering economic diversification. Our goal is to position Doha Bank as a leader in fintech innovation by creating a vibrant ecosystem where ideas flourish, regulatory frameworks advance, and global partnerships thrive. We invite all stakeholders to join us in shaping a future of growth, collaboration, and excellence.' Doha Bank's award-winning digital portal has already established a strong foundation for fintech partnerships by inviting global innovators to engage, co-create, and develop solutions with the bank. The portal exemplifies the bank's commitment to inclusivity and its mission to become a pivotal partner for fintech enterprises worldwide. The Fintech and Innovation Hub focuses on several critical priorities to foster a thriving fintech ecosystem. It creates an environment where creativity and innovation can flourish, supported by close collaboration with the QCB and other regulatory bodies to ensure compliance with national and international standards. By embracing advanced technologies like artificial intelligence and digital payments, the hub accelerates digital transformation, enhancing customer experiences and operational efficiency. Furthermore, the hub provides mentorship, funding opportunities, and resources for start-ups to scale their operations. Baiju Samuel, Chief Strategy and Transformation Officer of Doha Bank commented: 'As part of the Fintech and Innovation hub, our ambition is to actively partner with and co-create solutions alongside fintech innovators who offer bespoke solutions tailored to address evolving banking product needs. We aim to deliver next-generation financial solutions that are seamless, secure, and customer-centric, positioning Doha Bank as a leader in digital transformation and innovation.' Aligned with QNV 2030, the hub contributes to the nation's goals of economic diversification, technological innovation, and global competitiveness. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. ( The Peninsula Newspaper
Yahoo
11-03-2025
- Business
- Yahoo
Doha Bank and Ooredoo Money form alliance for fintech growth
Doha Bank and Ooredoo Money, a digital wallet by Ooredoo Fintech, have signed a memorandum of understanding (MoU) to collaborate on initiatives for promoting the fintech sector in Qatar. This partnership, announced at Web Summit Qatar 2025, focuses on leveraging technologies to enhance digital banking services as well as support financial inclusion. The MoU outlines a cooperative framework between the two organisations to develop and implement fintech solutions. Doha Bank expects the alliance to pave the way for new opportunities in the fintech space, benefiting both consumers and businesses. The partnership aims to provide 'seamless and secure' financial services to customers. Doha Bank group CEO Sheikh Abdulrahman bin Fahad bin Faisal Al Thani said: 'Our partnership with Ooredoo Money marks a significant step towards fostering innovation in the financial services industry. By working together, we aim to create a robust fintech ecosystem that supports the digital transformation of banking services in Qatar.' Ooredoo Financial Service chairman and CEO of Ooredoo Qatar Sheikh Ali Bin Jabor Al Thani said: 'We are excited to partner with Doha Bank to drive the growth of the fintech sector in Qatar. This collaboration will enable us to combine our expertise and resources to deliver cutting-edge financial solutions that meet the evolving needs of our customers. 'By combining our technological expertise and commitment to innovation, we aim to enhance financial inclusion and provide Qatar's businesses and consumers with advanced, secure, and convenient financial services. This collaboration reinforces Ooredoo Fintech's mission to shape the future of digital banking in the region.' Ooredoo Fintech is a wholly owned subsidiary of Ooredoo Group, a Qatar-based telecommunications provider. In 2014, Doha Bank collaborated with Ooredoo to upgrade its network infrastructure, enhance customer experience, and reinforce security. "Doha Bank and Ooredoo Money form alliance for fintech growth " was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
