Doha Bank
Rank: 16
Sector: Banks & Financial Services
Date of establishment: 1979
Market value : $2.6 billion
Name: R. Seetharaman
Designation: Group CEO
Doha Bank has branches in Kuwait, the U.A.E., and India, as well as offices in Japan, China, Nepal, Germany, Canada, and the U.K. Qatar Investment Authority owns 17.1% of the bank. In July 2021, the bank announced it had automated key processes across operations and implemented Robotic Process Automation. In October 2021, Doha Bank participated in the “Plant Million Tree” initiative by the Ministry of Municipality and Environment at Old Airport Park. The bank recorded $643.5 million in net operating income in the first nine months of 2021, a 7.1% increase compared to the same period in 2020. The bank’s assets stood at $28.4 billion as of September 2021.