SR.No: 43
Doha Bank
Sector: Banks & Financial Services
Date of Establishment: 1979
Country: Qatar
Group CEO: R. Seetharaman
Sales: $1.2 billion
Profits: $193 million
Assets: $28.4 billion
Market Value: $2.2 billion
Doha Bank is one of the largest commercial banks in Qatar, with branches in Kuwait, the U.A.E., and India, as well as offices in Japan, China, Nepal, Germany, Canada, and the U.K. It operates 24 domestic branches, seven electronic branches, and an active mobile unit. Qatar Investment Authority owns 17.1% of the bank. In March 2021, the bank completed a $500 million five-year senior unsecured bond. Last year, the bank donated more than $82,000 to help the victims of the Beirut port explosion.