Tuesday 27, May 2008 by Mike Gallagher

Doha Bank’s India brokerage investment

Doha Bank is setting up a finance company in India by acquiring a 49 per cent stake in an unnamed brokerage for an undisclosed amount. However, the bank did indicate in a previous statement in May 2007 that it was planning to buy into a brokerage company called Investnet, which is owned by Select Securities. The company has since been renamed as Doha Brokerage & Financial Services Limited (DBFS)

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