Doha Bank Announces 1H 2025 Financial Results Net Profit of QAR 467 Million
Doha Bank announced its financial results for the six-month period ended 30 June 2025, H.E. Sheikh Fahad Bin Mohammad Bin Jabor Al Thani, Chairman of the Board of Directors, confirmed that the Bank recorded a net profit of QAR 467 million, reflecting an 8.1% increase compared to the same period in 2024.
He added that total assets as at 30 June 2025 reached QAR 123 billion, representing a growth of QAR 17.2 billion or 16.2% from QAR 105.9 billion a year earlier. Net loans and advances amounted to QAR 60 billion, a QAR 1 billion or 1.7% increase over the previous year. Customer deposit deposits stood at QAR 50.9 as on 30th June 2025 as compared to 51.6 billion with a marginal decrease of 1.2%, while overall liquidity remains strong.
H.E. Sheikh Abdul Rahman Bin Mohammad Bin Jabor Al-Thani, Managing Director, stated: “The Bank continues to demonstrate strength in capital and liquidity metrics. Our Common Equity Tier 1 (CET1) ratio stands at 13.13%, while the Total Capital Adequacy Ratio is robust at 19.19%. The loan-to-deposit ratio is 90.80%, staying comfortably within regulatory thresholds. We have also improved our funding structure, positioning us to support anticipated lending growth. Our liquidity coverage ratio is strong at 350.7%, compared to 168% at year-end, and our total shareholders’ equity reached QAR 14.9 billion, marking a 1.6% increase year-on-year.”
Abdulrahman Bin Fahad Bin Faisal Al Thani, Group Chief Executive Officer, highlighted the successful closing of the Bank’s debut EUR-denominated syndicated loan: “In Q2, we completed a landmark EUR 500 million 3-year syndicated term loan, marking our entry into the Euro-denominated loan market. This transaction was a significant step in diversifying our funding sources and currency base. Impressively, 56% of the lenders were new to Doha Bank, underscoring growing international investor confidence in our credit profile. We view this success as part of our ongoing commitment to expand liquidity access across regions and instruments, aligned with our transformation roadmap.”
Sustained Transformation Momentum, Credit Rating Affirmations, and Strategic Advancements highlight a solid foundation for the first half of the year
Doha Bank continued to build on its momentum under the Himma Transformation. Both Fitch Ratings (‘A’) and Moody’s Investor Services (‘A3’) reaffirmed the Bank’s credit ratings, validating its improving fundamentals and prudent risk posture.
Key Developments in Q2 2025:
- Strategic Partnership: Partnered with Blackstone to offer private capital strategies to Qatari investors, enhancing investment solutions for institutional and high-net-worth clients.
- Digital Advancement: Upgraded the Corporate Mobile App with enhanced features to deliver a superior digital experience to business clients.
- Client-Centric Offerings: Collaborated with Ox Fitness Lab to provide premium clients with exclusive access to elite fitness studios.
- Strengthening Investor Confidence:
- A leading private sector investor(s) joined the Bank’s shareholder base, affirming long-term trust in the Bank’s strategy and improved future outlook.
- Share Buyback Approval: On 20 April 2025, the Board approved a proposal to repurchase up to 10% of fully paid-up shares, subject to regulatory approvals.
- Award-Winning Performance:
- Named “Best Bank for Homeowners” at the 2025 Euromoney Awards for Excellence.
- Won “Best Corporate Banking App – Qatar” at the 2025 Global Banking & Finance Awards.
- Won “Best Bank – Qatar 2025” at the MEED – Corporate & Investment Banking Awards 2025.
These accolades recognize the Bank’s excellence in customer service, digital innovation, and mortgage offerings.
Abdulrahman Bin Fahad Bin Faisal Al Thani, Group CEO, commented: “The reaffirmation of our credit ratings by both Fitch and Moody’s is a testament to the strength of our transformation, prudent financial management, and clear focus on sustainable growth. In Q2, we made significant progress in diversifying our funding base, strengthening client offerings, and enhancing digital capabilities. We remain committed to delivering consistent growth, creating long-term shareholder value, and contributing meaningfully to Qatar’s economic vision.”
Fahad Bin Mohammad Bin Jabor Al Thani
Chairman