Doha Bank has inaugurated its full-fledged bank in Mumbai along with e-inauguration of another branch in the city and one in Kochi. Present at the inauguration were Qatari finance minister Ali Sharif Al Emadi, governor of Qatar Central Bank Shaikh Abdullah bin Saoud Al Thani and Indian railway minister Suresh Prabhu. Chairman of the bank Shaikh Fahad bin Mohammad bin Jabor Al Thani said this is a historic day for Doha Bank’s expansion in the Indian sub-continent as the bank considers India an important market, being one of the fastest growing economies in the world. Dr R. Seetharaman, chief executive, Doha Bank, said the bank had recently completed the process of amalgamation of HSBC Bank Oman’s India operations. The bank’s India operations will cover the entire spectrum including retail and corporate banking, he added. He added that the India operations would cater to the needs of NRIs in Qatar, the UAE, Kuwait and Oman, besides Indian and Gulf businesses.
