Doha Bank, a leading bank in Qatar, has signed a memorandum of understanding (MoU) with Seviora Holdings, a Singapore-based asset management group wholly owned by Temasek Holdings.
The MoU aims to form a strategic alliance and enables both parties to access new investment and market opportunities, expand their networks and leverage greater expertise.
Sheikh Abdulrahman bin Fahad bin Faisal Al-Thani CEO – Doha Bank Group
“Doha Bank continues to explore new opportunities with global partners to achieve the Bank’s strategic objectives. Our MOU with Seviora aligns with this vision, paving the way for mutual benefits by building on our combined expertise, particularly in Asian markets— and offering diverse investment products.”
Seviora Holdings CEO Gabriel Lim said that, “This MoU reflects Seviora’s commitment to deepening strategic partnerships in key growth markets across the Middle East. We are thrilled to partner with Doha Bank as we expand our footprint in the Middle East and beyond, and we look forward to leveraging our combined strengths to drive long-term value and sustainable growth.”
Sadiq Hussain, SEO of Seviora (Middle East) Limited, added that, “We are excited to partner with one of Qatar’s leading financial institutions, one which is at the forefront of technology and innovation, ESG banking and diversified product offerings. The MoU reflects Seviora’s Middle East ambition to provide investors in the region with best-in-class access to Asia and beyond.
