Doha Bank has won the “Triumph Award’ at Bizz AMEA awards. The award was received by Doha Bank CEO R Seetharaman at an event in Doha recently, the bank said in a statement on Saturday.
The award was presented by Nancy Branger, Director of Human Development, World COB.
This award acknowledges Doha Bank’s triumph in the areas of technology and sustainable development, the bank said in a statement.
Doha Bank has incorporated technology as an innovation driver to provide state-of-the-art products and services to its customers and has leveraged state of the art technology to bring increased efficiency and effectiveness to its service delivery.
The statement said, “Doha Bank has been a pioneer and is renowned as prime mover of banking technology and has provided its customers with several innovative products and ‘firsts’ in the country, such as Digital Wallets, 24×7 Online Trading Global Markets Platform, real time remittances for our international partner banks, and online portals for our Retail and Corporate customers.
“Doha Bank’s technology centric 5-year strategic plan includes initiatives around further increasing digitization, innovation, security, sustainability, and customer orientation across all business segments.
“Doha Bank will continue to work on sustainable development of its stakeholders. Green Banking and Climate Change Financing are the key initiatives to promote green economies. Doha Bank advocates and practices Green Banking, which is one of the core business philosophies that will support sustainability into the future.”
The statement further said, “Banks should align lending activities with environmental cause. They should develop environmental and Social Risk Management and expand the scope of risk management to include social and environment risk also.”
Doha Bank is a pioneer in Qatar for annual sustainability disclosures.
Doha Bank was the first listed company on the Qatar Stock Exchange to be included in the FTSE4Good Index and the bank also received an MSCI ESG Rating of BB.
Doha Bank further supports the Ten Principles of the United Nations Global Compact on human rights, labor, environment, and anticorruption.
“Sustainability is our approach to business and to all stakeholders and will be a journey that will lead to growth at Doha Bank.”