- Business
- Doha Bank Q.P.S.C. delivers an extensive array of financial solutions to its diverse clientele, encompassing individual consumers, commercial enterprises, corporations, and institutional entities. The bank structures its operations primarily across two core divisions: Conventional Banking and Insurance Activities. The Conventional Banking segment is dedicated to serving business and corporate clients with a comprehensive suite of products, including both funded and non-funded lending arrangements and various deposit offerings. This segment also manages funding, undertakes centralized risk management through borrowing and debt instrument issuance, utilizes derivatives for risk mitigation, and strategically invests in liquid assets such as short-term placements and government or corporate debt securities. For individual customers, it provides personal loans, credit cards, and a range of deposit accounts and other retail transactions. In parallel, the Insurance Activities segment focuses on offering and administering insurance contracts, alongside facilitating and advising on investments. Beyond its traditional services, the bank operates a robust digital infrastructure, featuring mobile and internet banking platforms, SMS banking, and e-remittance services. Recent advancements include the launch of a new mobile banking application in May 2024 and an API Banking Product for seamless corporate banking in July 2024, enhancing digital accessibility and corporate integration. Headquartered in Doha, Qatar, where it was established in 1979, Doha Bank maintains a substantial physical presence, including a network of branches, e-branches, pay offices, and numerous ATMs and Interactive Teller Machines (ITMs) across Qatar. Internationally, its reach extends with overseas branches located in the United Arab Emirates (Dubai), Kuwait, and India (Mumbai and Kochi), complemented by representative offices spanning across Asia, Europe, Australia, North America, and Africa, including Singapore, Turkey, Japan, China, the United Kingdom, South Korea, Germany, Australia, Canada, Hong Kong, South Africa, Bangladesh, Sri Lanka, and Nepal. In 2024, Doha Bank reported a net profit of QR851 million, marking a 10.7% increase, and total assets grew by 8.9% to QR110.2 billion. The bank also successfully issued a USD 500 million international bond in September 2025.