BANKING - Doha Bank Considers 2012 Acquisition in Emerging Market - Could beTurkey

Nov. 7 (Bloomberg) -- Doha Bank QSC, Qatar’s fifth-largest lender by market value, may make an acquisition before the end of 2012 as part of a broader plan to expand, Chief Executive Officer Raghavan Seetharaman said.

“It could be in Turkey, it could be emerging markets, we are looking at other options,” Seetharaman said in an interview in Dubai yesterday. “We are going to grow, and it’s a goal in line with the overall financial stability of Qatar.” (source)

BANKING - Doha Bank remittance service for Turkish expats with Albaraka Turk

Doha Bank and Al Baraka Turk Participation Bank executives at the agreement signing

Doha Bank has entered into an agreement with Al Baraka Turk Participation Bank for remittance of funds from Qatar to Turkey.
Under this service, Turkish nationals working and living in Qatar will be able to transfer money online from Doha Bank Account to Al Baraka Turk account in Turkey. Turkish nationals in Qatar will also be able to remit funds to any beneficiary account maintained with Al Baraka Turk Participation Bank in Turkey.

The amount will be remitted in dollars. This facility is also available from any Doha Bank branch in Qatar. (source)