DOHA: Barwa Bank announced yesterday the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters.

As the draw results showed, the bank clients Mohamed Fakhroo and Rashid Al-Naimi each won a cash prize of QR10,000. Also, a cash prize worth QR5,000 was awarded to Ehab Elsaqqa, Hussain Al-Jaber, Ranya Al-Ansari, Marites Caranto, Mona Hussein, Bassem Hmeidan, Eid Al-Kuwari,"...

Jefferies announced that today is the firm’s global trading day for Hurricane Dorian relief efforts in the Bahamas. Jefferies will offer investors around the world the opportunity to join efforts to assist those affected by the devastation of this event by trading with Jefferies.

As previously announced, Jefferies will donate all net trading commissions earned today from U.S., European and Asia equity, fixed income and foreign exchange trading."...

The Institute of Directors (IOD) hosted the Corporate Governance Summit at Hotel ITC Grand Chola, Chennai, India yesterday under the theme” Emerging trends in Corporate Governance”. Dr. R. Seetharaman, CEO of Doha Bank received the professional excellence award from the Chief Guest, Banwarilal Purohit, Governor of the Southern Indian state Tamil Nadu.

Dr. R. Seetharaman also gave the Special address. He said “The key areas which"...

Doha Bank’s Group CEO Dr R Seetharaman has described remuneration and incentive systems as a key area that requires attention after the global financial crisis.
Risk management, board of director’s skills and independence, and shareholder engagement also warranted significant focus, according to Dr Seetharaman.
He was addressing a Corporate Governance Summit in the South Indian city of Chennai, which saw speakers discussing the emerging trends in corporate governance, on Saturday.
Banwarilal"...

DOHA: Commercial Bank yesterday announced the launch of “CB Muwaten” to reward its Qatari customers. Through this package, Commercial Bank customers, who are Qatari nationals, can access a range of exclusive benefits.

“We are delighted to introduce this incredible offer, which directly rewards customers that credit their monthly salary to us, with a range of preferential benefits that match their lifestyle”, said Amit Sah,"...

The Qatar National Bank (QNB) Group, the largest financial institution in the Middle East and Africa, has announced the launch of its new website with interactive design and comprehensive features, allowing users easy access to the core information of the website.
The website offers QNB’s internet banking services, the most comprehensive e-banking services in the region, allowing customers to securely manage their accounts and transactions, as well as saving time and effort.
The web pages of the group’s"...

Thales today announced that Treezor, the leading banking-as-a-service platform in France, has deployed Gemalto SafeNet Data Protection on Demand solution to provide security across its entire payment chain, from tier one banks and neo-banks to crowdfunding organizations.

As an electronic money issuer, Treezor is bound by a variety of data privacy regulations and requirements, including requirements from the French Regulator (ACPR), the Mastercard"...

Commercial Bank has entered into a partnership agreement with WCP Investments (WCPI), a joint venture between National Bank of Kuwait’s investment arm NBK Capital (NBKC) and New York-based investment manager Wafra Capital Partners (WCP).
This partnership grants Commercial Bank the exclusive right to market to its customers in QatarWCPI’s Leasing and Finance Programme (LF Programme). The LF Programme’s fund seeks to achieve its investment objective of distributing income to investors monthly, by investing"...

DOHA: The funding and liquidity was no longer the key risk to Qatari banks in first half of 2019. Profitability metrics showed a small improvement due to better cost efficiency and lower impairment charges, Fitch Ratings said in a new report yesterday.

The ratings agency noted that for 2019, asset quality metrics will remain under pressure, particularly in the real estate sector, and it expects higher loan impairment charges and continued loan restructuring."...

Doha
QNB Group, the largest financial institution in the Middle East and Africa, will organise an Open Day on September 14 at the Sharq Village Resort from 9am to 5pm. The event is aimed at attracting and recruiting Qatari talents.
The Open Day is part of the group’s commitment to the development of national human resources and stresses its role in building the capacities of Qatari nationals towards building a sustainable knowledge-based economy in line with Qatar National Vision (QNV) 2030.
Abdulla"...