(Source: Middle East Company News)

Doha Bank, one of the largest private commercial bank in the
State of Qatar, in association with Visa Inc, the leading payment
solutions provider, has recently launched the Go Green Visa Credit
Card.
The environment-friendly credit card is a first for the region
and marks the latest innovative payment product from Doha Bank. The
Go Green Visa Credit Card is manufactured from bio-degradable
material and the cardholders are able to manage their accounts
electronically. E-statements reduce paper usage and wastage and all
communication relating to the card is printed on recycled material.
Furthermore, 1% of all that customers spend through the Go Green
card will be converted into Green points and donated to an approved
Green cause that supports environmental initiatives such as tree
planting in Qatar. Dr. Benno Boer, UNESCO Ecological Sciences
Advisor for the Arab Region, said:"UNESCO and Doha Bank have signed
an agreement that fosters a long-term partnership covering a wide
array of environmental activities including a Certificate for
Ecoschools as well as the Arab Recycling Initiative. The Go Green
Credit Card of Doha Bank is a valuable product which donates a
portion of the funds to a green cause. UNESCO considers cooperation
with the private sector as a necessity and shall be happy to work in
close partnership with Doha Bank."Tony Gougassian, Visa Inc's Area
Manager for Levant and Qatar said, "Visa has a track record of
being first to market and partnering with leading financial
institutions such as Doha Bank to deliver innovative payment
products that meet the changing needs of cardholders while providing
unsurpassed acceptance and security. Visa's commitment to
innovation provides more people with better access to different
types of electronic payments. Paper-based transactions waste
resources and time and the launch of the Go Green Visa card will
help to replace costly, inefficient cash and cheque
transactions."Mr. Abdullah M. Al Kuwari, Centre Director and
Chairman of Organizing Committee - Green Qatar Centre said, "Doha
Bank and the Green Qatar Centre will together promote the green
concept at homes, schools and offices through various green
competition and teaching the children to become environmental
advocates at an early age. These initiatives will be further
supported by the Go Green Credit Cards funds for the green cause. We
should give our utmost support and participation in making Qatar
clean and green with Doha Bank." Commenting on the unique Card, R
Seetharaman, Doha Bank CEO said, "Doha Bank has always been
passionate about Mother Nature. We've pioneered the Green Banking
paperless concept by getting customers to open new Green accounts.
With the new Go-Green Card we hope to maintain our position as the
Best Green Bank in the Middle East and contribute to a cleaner and
greener Qatar." Mr. Louis Scotto, AGM Retail Banking, Doha Bank,
commented, "With emphasis being placed the world over on climate
change and global warming, we need to play our part to protect our
environment from further harm. As issuers of the Gulf regions first
Green credit card we will keep up Doha Bank's image as a socially
responsible entity."
About Doha Bank:Doha Bank is the largest private commercial bank
in the State of Qatar. It was incorporated in 1978 and commenced its
banking business (including its International Banking services) in
Doha, Qatar on March 15, 1979.As one of Qatar's leading financial
services company, Doha Bank is committed to making banking work for
customers and clients like it never has before. Through innovative
technologies and the ingenuity of its people, Doha Bank provides
individuals and commercial, corporate and institutional clients
across Qatar and even internationally, new and better ways to manage
their financial lives. The company enables customers to do their
banking and investing whenever, wherever and however they choose
through an extensive network, and multiple access channels.The Dubai
branch of Doha Bank was opened in 2008.For further information,
please contact:Ms Tasneem RazaWatermelon PRDubai, UAETel: +971-4-
2833655
(c) 2009 Middle East Company News. Provided by ProQuest LLC. All rights Reserved.
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