SMEs play a critical role in innovation, advancement and sustainable development worldwide. In today’s increasingly globalized world, SMEs around the world have to unprecedentedly compete globally.
Doha Bank was the first bank in Qatar to understand and appreciate the importance of the critical role played by SMEs in the development of the Qatari economy. In view of this, Doha Bank became the first bank to launch ‘Tatweer’, a dedicated SME unit in 2008.
The infrastructure development taking place in Qatar in the form of ports, roads, airports, rail, telecom, other utilities and construction activity requires the support of SME businesses. Doha Bank aims to actively participate in Qatar’s diversification story by encouraging the SME sector.
Doha Bank has already assisted over 1,000 SME customers with credit lines in excess of QAR 1.5 billion to date. 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 SMEs are the emerging large-cap companies and we already have a number of success stories to boast of. Our success stories have encouraged other SME customers to approach Doha Bank for various financing solutions.
Doha Bank’s SME unit has a full-fledged, well equipped team with expertise in relationship management, solution providing skills and credit skills. Instead of selling a product to customers, the relationship team is trained to provide solutions to SME for facilitating their business financing so that they can focus on business rather than worry about bridging the finance gap.
In today’s highly competitive environment, speed of delivery and excellent customer service plays a pivotal role in the success of any Bank. Through strong business orientation, understanding of multiple business segments and excellent relationships, the Relationship Managers are able to fast track delivery of SME services to our customers.
Despite new entrants in the market and stiff competition from local and international players, Doha Bank continues to be the Banker of First choice for SME customers. These customers hold Doha Bank in high esteem which speak volume of their satisfaction levels as the complete range of products and services are available under one roof along with a team of dedicated Relationship Managers and Credit & Risk Management team.
Doha Bank’s retail, SME, commercial and corporate lending products are granted at our sole discretion and are subject to the Bank’s terms, conditions and acceptance.