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bne Gulf bureau

Doha Bank H1 net profit jumps 8.1% to QAR467mn

Doha Bank reported an 8.1% year-on-year increase in net profit to QAR467mn ($128.4mn) in the first half of 2025, with total assets reaching QAR123bn ($33.8bn).
Doha Bank H1 net profit jumps 8.1% to QAR467mn
July 15, 2025

Doha Bank reported an 8.1% year-on-year increase in net profit to QAR467mn ($128.4mn) in the first half of 2025, with total assets reaching QAR123bn ($33.8bn), representing 16.2% growth on an annualised basis, SP reported on July 14.

Net loans and advances amounted to QAR60bn ($16.5bn), a 1.7% increase over the previous year, whilst customer deposits stood at QAR50.9bn ($14bn) compared to QAR51.6bn ($14.2bn), a marginal decrease of 1.2%.

Sheikh Fahad bin Mohammad bin Jabor al-Thani, Doha Bank chairman, said overall liquidity remains "strong" despite the marginal deposit decline.

Sheikh Abdul Rahman bin Mohammad bin Jabor al-Thani, managing director, said the bank's common equity Tier 1 ratio stands at 13.13%, whilst the total capital adequacy ratio reached 19.19%.

The loan-to-deposit ratio is 90.80%, which remains "comfortably within regulatory thresholds," he said, adding the bank has improved its funding structure to support anticipated lending growth.

"Our liquidity coverage ratio is strong at 350.7% compared to 168% at year-end, and our total shareholders' equity reached QAR14.9bn ($4.1bn), marking a 1.6% increase y/y," he said.

Sheikh Abdulrahman bin Fahad bin Faisal al-Thani, Doha Bank Group chief executive officer, highlighted the successful closing of the bank's debut euro-denominated syndicated loan during the second quarter.

The €500mn ($547mn) three-year syndicated term loan represented "a significant step in diversifying our funding sources and currency base," with 56% of lenders being new to Doha Bank.

During the second quarter, Doha Bank partnered with Blackstone to offer private capital strategies to Qatari investors, enhancing investment solutions for institutional and high-net-worth clients.

The board approved a proposal to repurchase up to 10% of fully paid-up shares, subject to regulatory approvals.

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