Doha Bank CEO, Dr R Seetharaman (second left), with other officials on the sidelines of the event in London.
Showcasing its leading role in the development of the financial sector in Qatar, Doha Bank announced its successful participation at SIBOS 2019, the world’s premier financial services event, which was held at the Excel Arena in London, United Kingdom, from September 23 to 26, 2019.
This year’s round at SIBOS 2019, featured a line-up of thought leaders and subject matter experts, who addressed various topics such as market drivers and key challenges affecting the way in which all players in the financial ecosystem do business and embrace technology in preparation for the future.
Dr. R Seetharaman, CEO of Doha Bank, took the opportunity to engage with senior delegates at the event, where he shared insights in regards to the global and Qatar economy respectively, and engaged in country level macroeconomic discussions, showcasing the Bank’s financials and balance sheet strength. The bank’s performance demonstrated the strategic and successful approach Doha Bank has adopted over the years, which has allowed it to maintain one of the leading positions in the Qatar financial market.
Dr. R. Seetharaman and the Doha Bank team with him also explored bilateral lending and borrowing opportunities, trade finance and risk participation discussions. Dr R Seetharaman highlighted Qatar’s economic stability and the Nation’s resilient financial system post blockade, which has only become more independent and continues to power through as it cultivates further stability and self-reliance.
Furthermore, the various Fintech talks, panel discussions and meetings with the Fintech providers, especially regarding technology advancements and breakthrough use cases proved very insightful. “SIBOS is an excellent place to meet new and innovative Fintech solution providers that have deployed use cases which are game changers and provide innovative propositions related to a customers financial needs and aspirations” stated Dr. R Seetharaman.
“We are carefully exploring and evaluating opportunities to collaborate with Fintechs as part of Doha Bank’s ongoing transformation journey. As you deep-dive and analyze the retail and wholesale banking bouquet of services, there is significant room to innovate and eliminate friction points in the value chain streamlining the process, customer experience and cost. In this new digital marketplace, one can learn and benefit from the brilliant innovations around the globe without having to spend billions in Research and development.’’
