Doha Bank has announced that it is the first bank in Qatar to commit to the FX Global Code, reaffirming its leadership in promoting integrity, transparency, and ethical practices in the foreign exchange market.
The FX Global Code represents a globally recognized set of principles designed to ensure a fair, open, and resilient foreign exchange market. By adopting these principles, Doha Bank underscores its dedication to the highest standards of professionalism and accountability in its FX operations.
As the first financial institution in Qatar to take this significant step, Doha Bank has implemented comprehensive internal processes and controls to align with the Code’s principles. The achievement highlights the Bank’s commitment to fostering trust and confidence among its clients, partners, and the broader financial community.
Doha Bank Group CEO, Sheikh Abdulrahman bin Fahad bin Faisal Al Thani said that, “Our commitment to the FX Global Code is a testament to the values we uphold as a trusted partner in the financial industry,” said.
“We believe that adherence to the principles of the Code not only enhances the integrity of the foreign exchange market but also reinforces our responsibility to our clients, partners, and the global financial community,” Faisal Al Thani added.
According to the statement, Doha Bank remains committed to advancing its practices in line with the evolving standards of the FX Global Code and contributing to a fair and transparent FX marketplace for all participants.
Last month, Doha Bank launched its new Corporate Mobile Banking App, aimed at providing businesses with seamless, secure, and user-friendly financial management. This pioneering app is designed to meet the growing demands of corporate clients.
The new Corporate Mobile Banking App, which can be downloaded via iOS and Android devices, provides them with a diverse array of features that streamline financial management, improve accessibility, and elevate user experience.
