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Doha Bank opens office in Colombo

Doha BankDoha Bank has launched a representative office in Colombo at the World Trade Centre. This is the first bank from the Gulf to have an office in Sri Lanka. Through this branch, the bank is aiming to promote bi-lateral trade and investments between the two countries while planning a potential FTA too. Group CEO of the bank Dr R. Seetharaman said the bank wants to bring Qatari investments to various sectors of Sri Lanka and the bank will play a bigger role in bringing these bi-lateral investments. He also mentioned that there are bigger opportunities to promote bi-lateral trade and investments between two countries leading to a potential FTA between two countries as Sri Lanka is currently exploring FTAs among its regional peers. Dr Seetharaman also announced that Sri Lanka-Qatar Business Council will be formed and consequently the bank will facilitate a visit of a multisectoral Qatari business delegation to Sri Lanka.

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