Home | Business | Doha Bank named ‘Best Trade Finance Bank’ in Qatar

Doha Bank named ‘Best Trade Finance Bank’ in Qatar


Business | 2017/03/16 at 5:00 PM | 102 Views

Doha Bank, one of Qatar’s largest private commercial banks, was named the Best Trade Finance Bank in Qatar at the Global Finance Awards 2017.

Awarded by the Global Finance magazine,



the annual award is considered one of the most prestigious in the banking and finance world, and recognizes leading trade finance providers in 9 regions and 84 countries around the world.

Doha Bank was chosen for the coveted honour based on input from industry analysts, corporate executives and technology experts. In addition, a poll of Global Finance’s readership was conducted in order to increase the accuracy and reliability of the results.

“We are honoured to receive this prestigious award,” said Dr. R. Seetharaman, CEO of Doha Bank.

“It is a matter of pride for us that Doha Bank was found to excel in all areas of the judging criteria including transaction volume, scope of global coverage, customer service, competitive pricing and innovative technologies. This is a testament to the attention we place on ensuring the highest levels of performance excellence across all facets of our business.”

Doha Bank is a leading provider of Trade Finance services, having offices in the Qatar, Middle East and international markets for more than 33 years. The Bank’s transactions volume exceeded $8,824m in 2016 [L1], consisting of Import Letters of Credit, Import Bills, Export Letters of Credit, Bank Guarantees and more.

“Our strong presence in Qatar and the GCC is complemented by correspondent banking relationships with more than 750 banks around the world. ,” Dr. Seetharaman added.

Doha Bank is in the process of tying up with global trade insurers and multilateral agencies to offer comprehensive trade cover that shall promote international trade.


Source : | Photo credit :