CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

Doha Bank wins ‘Best Trade Finance Award’ for the third time

Published: 11 May 2021 - 10:03 am | Last Updated: 01 Nov 2021 - 01:17 pm
Peninsula

The Peninsula

Doha Bank has been recognised for its outstanding performance as the ‘Best Trade Finance Bank’ for 2021 by Global Finance consistently for the third time. Headquartered in the State of Qatar, Doha Bank is a leading provider of trade finance and supply chain solutions to its wholesale banking clients locally and in other markets across GCC as well as internationally.

The Bank’s presence across countries coupled with a vast FI network enables them to serve the clients across geographies. On-the-ground Trade Product team comprises of seasoned professionals with rich and diverse experience in working capital, trade and supply chain solutions.

The team not only provide the product suite of vanilla trade products, but also extend advisory solutions, trade risk mitigation, and short term financing solutions for managing working capital to suit individual client requirements.

The Bank’s products and solutions are built around advanced technology and automation to provide its clients with a seamless experience in execution of their trade transactions. Dr. R Seetharaman, CEO of Doha Bank, said: “We are very pleased to be acknowledged by Global Finance, for demonstrating excellence in the category of Best Trade Finance Bank. Indeed, Doha Bank has been one of the primary providers of trade finance services in the local, Middle East and international markets for more than 40 years.

He added: “Innovation is at the heart of all we do at Doha Bank and we are committed to continually innovate and improve our products and delivery to all our clients. Trade Finance continues to be a key focus area for the Bank and this award of “Best Trade Finance Provider 2021” from Global Finance Magazine is a testimony to the trust and confidence our clients have in our trade solutions and advisory capabilities. We thank our esteemed clients for this recognition and remain committed to partner with them in all their trade finance requirements across regions”.