Doha Bank, Qatar's fourth largest lender by assets, posted a 9.9 percent rise in second-quarter net profit on Thursday, in line with analyst estimates.
It made 388 million riyals ($107 million) in the second quarter, according
Commercial Bank of Qatar (CBQ) and Doha Bank may need to increase their capital next year by $412 million each to abide by expected central bank regulations, US investment bank Morgan Stanley said in a report.
While Qatari banks h
HSBC Bank Oman said it had agreed on the sale of its Indian business to Qatar's Doha Bank, in a statement to the Muscat Securities Market on Wednesday.
No value for the transaction was given in the statement, but the Omani len
Qatar's Doha Bank said on Tuesday returns on its share capital would be lower this year due to tough competition in its home market, though a successful bond sale would boost its financial ratios.
The bank, the fifth-largest b
Qatar's Doha Bank said on Monday it would seek shareholder approval to issue a debt instrument worth QR2 billion ($549.3 million) to boost its Tier 1 capital, which would be sold by March 30 next year.
No date for the sharehol
Sustainability is a core factor for the UAE real estate and infrastructure projects as the market gets benefited from growth in tourism, hospitality and trade, said industry experts at a Doha Bank summit in Dubai.
"The UAE is
Doha Bank, a leading Gulf-based lender, has earmarked Dh5.5 billion ($1.5 billion) to support small and medium enterprises (SMEs) and corporate clients in the UAE through its fully licenced branches in Abu Dhabi and Dubai besides offering suppor
Qatar's Doha Bank could issue a capital-boosting bond instead of shares as planned, although it was evaluating the best route to help raise core capital, its chief executive said.
The Gulf Arab state's fifth-largest lender
Doha Bank, Qatar's fifth-largest lender by market value, plans to nearly double its profits from international operations by 2015, mirroring a strategy employed by other Gulf Arab lenders facing intense competition at home.
Doha Bank, Qatar's fifth-largest lender by market value, has won approval from key regulatory authorities to list 51.6 million new shares at Qatar Exchange in line with its plans to boost capital, said a top official.