Doha Bank Six SME Clients Among Top Performing SMEs in Qatar

Top Performing SMEs

Doha Bank SME portfolio was well recognised when SIX of its SME clients got awards as Top SME companies in Doha and has been presented SME Excellence Award by H.E. Sheikh Abdullah Bin Saud Al Thani, Qatar Central Bank Governor and QDB Chairman. Qatar Development Bank has recognized best 50 SME Customers in Qatar for the year 2018.

Doha Bank was pioneer in appreciating the importance of the very critical role being played by SMEs in the development of Qatar economy. Doha Bank was the first bank to launch ‘Tatweer’, a dedicated SME unit in 2008.Through this initiative, Doha Bank would continue to participate in Qatar’s diversification story by encouraging the SME Sector.

We congratulate our customers for their excellent performance in Qatar market by forming viable business models and making an impact on the Qatar economy. Award winning customers are: New Era Controls, Olive International School, Q-Star Trading Co., Shahjan Trading & Contracting, Q Tickets& Events, Quantum Qatar.

Doha bank also honoured its six customers who got an award. Speaking on this occasion, Dr. R. Seetharaman, CEO of DOHA Bank appreciated efforts of SMEs who got an award and said “Recognizing the top performing SMEs in Qatar creates a motivational environment within the business community in Qatar . SMEs are the emerging large cap companies of tomorrow and we already have number of success stories to boast off.”

Mr. C.K Krishnan, Chief Whole Sale Banking Officer of the bank said “SME Excellence award winner will be a key contributor to the overall development of the SME eco-system in Qatar”. At its core, the SME Excellence List is aimed at: Providing a platform for SMEs to showcase their excellence”. Mr. Atul Kinra Head of SME said “Doha Bank is not only providing funding to SMEs but is also offering complete solutions to SMEs and has also assisted SMEs to grow both professionally and business wise. We, at Doha bank are proud that our relationships with SME customers have matured along with the customer’s business and professional growth”.

Doha Bank firmly believes that today’s our success stories have encouraged other SME customers to approach Doha Bank for their financing requirements. Doha bank offers various products in order to service long term capital requirements of the customers in addition to short term working capital financing. The range of products includes Business loans, Short term procurement financing, Invoice/ Cheque discounting, Overdrafts, Letter of Credit and Guarantees (bonds). Doha Bank also offers ancillary services and products like Electronic banking, Cash Management Services, Insurance products, etc.

Doha Bank is able to meet the requirements of SMEs engaged in contracting/ sub-contracting, trading, educational sector, hospitality sector, service sector, etc. Doha Bank is having a full-fledged SME team with expertise in relationship management, solution providing and credit skills.

We are also one of the key partners in QDB’s ‘Al- Dhameen’, Credit Guarantee program which cover startups also, particularly in the field of manufacturing and service segment.