Qatar's Top 30 Companies
Fri 05 Sep 2014 01:51 PM
Doha Bank
14

Doha Bank

Industry: Finance

Designation: R Seetharaman, group CEO

Longstanding group chief executive R Seetharaman oversaw a 9.9 percent increase in net profits in the second quarter, to $107m, marginally ahead of expectations. The bank is planning to raise additional capital during 2015 to bolster its reserves and consider potential acquisitions. Doha Bank is Qatar’s third-largest lender in terms of assets, with around $19.8bn worth by the end of the second quarter this year. It launched operations back in 1979.