Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Doha Bank meets SME customers at forum  Join our daily free Newsletter

MENAFN - Gulf Times - 19/03/2017
No. of Ratings : 0
Add to Mixx!


(MENAFN - Gulf Times) Doha Bank organised a breakfast meeting and knowledge-sharing session with owners of small and medium-sized enterprises (SMEs) where in-house and guest resource speakers shared their expertise.
Doha Bank Group CEO Dr R Seetharaman stressed that the sessions are part of Doha Bank's 'innovative methods to reach out to SME owners 'and will go a long way in bringing the customers and the bank together.
He said Qatar's SME sector 'is promising, and is expected to grow rapidly and will continue to play an important role in Qatar's overall growth.
Doha Bank already enjoys a sizeable SME customer base, as well as a strong corporate and retail franchise across the country to meet customers' growing requirements.
C K Krishnan, Doha Bank chief wholesale banking officer, said the bank is committed to continuing to meet financial requirements of Qatar's SME sector, and also that of Dubai, Abu Dhabi, Sharjah, Kuwait, and India through its offices.
'These branches are playing an important role in boosting bilateral trade between these countries and also enabling entrepreneurs to set up businesses in each other's countries. These SMEs are playing a pivotal role in the infrastructure and economic development of Qatar and other regional and emerging markets, he said.
Atul Kinra, head of SME Banking, said Doha Bank has proven itself to be 'the right partner for SMEs as it offers complete range of credit products like working capital, term lending products, and non-fund facilities like letteof credit and bank guarantees, among others to support businesses.

Apart from lending products, Doha Bank also offers specialised services like cash management, payroll products, trade services, forex solutions, insurance solutions, and Doha Sooq, a popular 'B to B and B to C online platform.
Speakers from various business units presented their respective products and services such as trade finance advisory services, insurance and risk advisory, consumer banking solutions, payroll solutions, NRI services, and Doha Sooq. These tailor made solutions enable SMEs to focus on their main business, Doha Bank said.
Doha Sooq, Doha Bank's popular online shopping platform, was showcased before the SME customers. It is the 'most innovative and modern way to reach out to the masses in Qatar, which has one of the highest internet penetration in the world.
Doha Bank, being a partner bank of Qatar Development bank (QDB), also offers long-term project finance facilities under the indirect lending programme, ‘Al-Dhameen'.
In the long term, through this programme, Doha Bank said Qatar will have a sizeable manufacturing base, which, in turn, will create 'massive growth and developmental opportunities for all participants.
Doha Bank is a dominant player in the SME space in Qatar and will continue to upgrade its products and services to meet customer's requirements within its overall risk appetite.




MENAFN1903201700670000ID1095328555


 


Gulf Times




  MENA News Headlines
 Mar 23 2017 - Jordan- King, Moroccan Monarch open African Art Exhibition in RabatJordan News Agency
(MENAFN - Jordan News Agency) Rabat, March 23 (Petra) -- Their Majesties King Abdullah II and King Mohammed VI on Thursday opened an African Art Exhibition in Rabat. The two monarchs toured the ...

 Mar 23 2017 - Jordan- King, Moroccan Monarch hold talksJordan News Agency
(MENAFN - Jordan News Agency) Rabat, March 23 (Petra) -- His Majesty King Abdullah II held talks here on Thursday with Moroccan Monarch Mohammed VI on bilateral ties and latest developments in the ...

 Mar 23 2017 - Jordan- King meets Moroccan PM, parliament speaker, President of House of CouncillorsJordan News Agency
(MENAFN - Jordan News Agency) Raba, March 23 (Petra) -- His Majesty King Abdullah II on Thursday received at his residence here Moroccan Prime Minister Abdelilah Benkirane, President of the Moroccan ...

 Mar 23 2017 - Jordan- King calls British PM, condemns terrorist attackJordan News Agency
(MENAFN - Jordan News Agency) Rabat, March 23 (Petra) -- His Majesty King Abdullah II on Thursday made a telephone call with British Prime Minister Theresa May, in which he condemned the heinous ...

 Mar 23 2017 - Jordan- Daily News BulletinJordan News Agency
(MENAFN - Jordan News Agency) Jordan News Agency (Petra) starts its daily news bulletin from Amman for Wednesday, March 22, 2017, corresponding to Jumada al-Akhirah 23, 1438 Hijri. 22/3/2017 - ...

 Mar 23 2017 - Jordan- Arab summit enjoys political and economic importance, says ministerJordan News Agency
(MENAFN - Jordan News Agency) The Dead Sea, March 23 (Petra) -- The upcoming Arab Summit has its political importance as well as its economic, social and developmental impact, which will reflect ...

 Mar 23 2017 - Jordan- Arab Economic and Social Council discusses economic filesJordan News Agency
(MENAFN - Jordan News Agency) Dead Sea, March 23 (Petra)--Assistant Arab League Secretary General for Social Affairs Badr El Din Alali said that meeting of the senior officials of the Economic and ...

 Mar 23 2017 - Foreign Ministry contacts UAE authorities on killing of Jordanian womanJordan News Agency
(MENAFN - Jordan News Agency) Amman, March 23 (Petra)--Official Spokesperson of the Ministry of Foreign and Expatriate Affairs Sabah Rafei said that the Jordanian Embassy in Abu Dhabi and the ...

 Mar 23 2017 - Saudi executes two drug dealersThe Peninsula
(MENAFN - The Peninsula) Riyadh: Saudi Arabia executed two convicted drug traffickers on Thursday, bringing the number of prisoners killed in the kingdom to 20 so far this year. The state-run ...

 Mar 23 2017 - Qatar's Al Behaih wins gold at Special Olympics Winter GamesThe Peninsula
(MENAFN - The Peninsula) Vienna: Qatar's Hamad Jaber Al Behaih won the gold medal in the speed skating 222m event at the Special Olympics World Winter Games in Vienna, Austria. He finished the ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help