Doha Bank Announces Official Opening of Chennai Branch

Third dedicated Doha Bank branch in India after Mumbai and Kochi will open doors on April 4

Doha Bank, one of the largest commercial banks in Qatar, has announced the official opening of its Chennai Branch, which is scheduled to open doors on April 4, 2018.

The event, which will be hosted in the presence of senior Doha Bank executives, VIP guests and customers, follows the bank’s recent soft opening celebrations in February.

Doha Bank’s third branch in India after Mumbai in Maharashtra and Kochi in Kerala, the Chennai branch will assist the bank’s growing customer base in India with a wide range of services, including Corporate Banking, Retail Banking, Treasury, Trade Finance and Foreign Exchange Services along with an array of corporate and SME products such as Term Loans, Working Capital (INR as well as in Permitted Foreign Currencies), Trade Finance Products, Buyers and Suppliers Credit as well as Treasury Products and Hedging Solutions.

“The forthcoming opening of our third branch in Chennai highlights the importance we believe India holds in our expansion strategy. As we grow our formal presence in the market to three dedicated locations, the new branch will help us reach out to a wider segment of customers in the metropolitan city of Chennai while enhancing synergies among Qatar, India and Doha Bank’s global network,” said Dr. R. Seetharaman, CEO of Doha Bank.