Doha Bank and Mastercard have embarked on a groundbreaking long-term strategic partnership, aimed at maintaining the bank’s leadership in customer service and innovative payment solutions. This collaboration is a cornerstone of Doha Bank’s ‘Himma’ roadmap, which seeks to revolutionize the bank’s operations and client services.
This historic alliance, one of the largest of its kind in Qatar, underscores Doha Bank’s position as a pivotal player in the nation’s financial sector. The agreement was finalized swiftly, reflecting the shared vision of both parties to foster the adoption of digital payments.
Doha Bank stands to gain significantly from Mastercard’s extensive expertise in digital solutions, enhancing its strategic transformation. This partnership will fortify Doha Bank’s leading position in the realm of cards and digital payments in Qatar.
Sheikh Abdulrahman bin Fahad Al Thani, Group CEO of Doha Bank, emphasized, “Doha Bank is committed to playing a pivotal role in achieving the objectives of the Third Financial Sector Strategic Plan as part of Qatar National Vision 2030. Our forward-looking partnership with Mastercard is part of our continuous efforts to reshape the country’s payments landscape, providing the best benefits and solutions to various customer segments.”
Dimitrios Dosis, President of Eastern Europe, Middle East, and Africa at Mastercard, stated, “At Mastercard, we are focused on driving payments innovation, accelerating digital transformation, and boosting financial inclusion globally. Qatar, with its dynamic economy and robust outlook, is integral to our growth strategy. This long-term partnership with Doha Bank will be a key milestone for Qatar’s ambitious digital future, helping unlock new opportunities for its people.”
In recent years, Qatar has actively pursued digital transformation, identified as a key driver of diversified economic development. Significant investments in technology infrastructure and various initiatives have promoted the adoption of digital technologies across multiple industries, including the financial sector. This partnership between Doha Bank and Mastercard is set to play a crucial role in this ongoing digital evolution.
For more information, visit Doha Bank and Mastercard.
