H.E. Sheikh Fahad Bin Mohamed Bin Jabor Al Thani – Chairman of Board of Directors of Doha Bank informed that Doha Bank Q.S.C. India operations have completed the process of Amalgamation of the India Operations of the HSBC Bank Oman S.A.O.G as at the close of business on March 31, 2015 and have taken over the operations of their two branches at Raheja Centre in Mumbai, Maharashtra State and in Kochi, Kerala State in India as a going concern basis.

H.E. Sheikh Fahad Bin Mohamed Bin Jabor Al Thani also stated that the Scheme of Amalgamation was in line with the approval accorded by the Regulatory Authorities in Qatar, Sultanate of Oman and India viz. Qatar Central Bank, Central Bank of Oman and Reserve Bank of India respectively.