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Why Bank With CBD? For over 50 years, Commercial Bank of Dubai (CBD) has been a cornerstone of innovation and customer excellence in the UAE banking sector. Our commitment to excellence ensures a suite of products and services that are as diverse as our customers.
Apr 28, 2022 · Commercial Bank of Dubai (CBD), one of the leading banks in the UAE, has been named the number one bank in the UAE on the Forbes list of World’s Best Banks 2022.
- Dubai Based Banks
- International Banks
- Other Local Banks of The UAE with Branches in Dubai
1. Emirates Nbd
One of the largest banking groups in the Middle East in terms of assets, Emirates NBD (ENBD), was established on 16th October 2007, when its shares were officially listed in the Dubai Financial Market. The bank was formed by the merger of the second and the fourth largest banks in the UAE, Emirates Bank International and National Bank of Dubai. The group operates in the UAE, Egypt, the Kingdom of Saudi Arabia, Singapore, India and the United Kingdom. They have representative offices in China...
2. Mashreq Bank
Mashreq Bankis the oldest privately owned bank in the UAE. It was established in 1967 and was then known as the Bank of Oman. It is also the first bank in the UAE to install ATM cash dispensers, the first one to issue debit and credit cards and the first to introduce consumer loans. Currently, the bank also offers Islamic personal banking services including corporate finance and investment advisory on mergers and acquisitions. Mashreq has 12 overseas offices in nine countries in Europe, North...
3. Commercial Bank Of Dubai
Commercial Bank of Dubai (CBD)has been listed by Gulf Business as the 35th largest bank in the Persian Gulf region. Found in 1969, the bank was a joint venture of Commerzbank, Chase Manhattan Bank and Commercial Bank of Kuwait. It was in 1982 that it evolved into a National Public shareholding compay. 80% of its shares are held by UAE nationals, while the other 20% are owned by Investment Corporation of Dubai. CBD also offers retail banking, SME finance and Islamic banking. In 2008, CBD launc...
1. Hsbc Bank Middle East
One of the largest banking and financial services organisations in the world, HSBC serves more than 48 million customers through their global businesses. The largest and the most widely represented bank in the Middle East, HSBC Bank Middle Eastwas established in 1959. Their global business includes Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets and Global Private Banking. HSBC's global network is spread over 72 countries and territories in Europe, Asia, t...
2. Citibank Dubai
Citibank was established in the United States in 1812, as the City Bank of New York and later became First National City Bank of New York. The bank provides credit cards, mortgages, personal loans, commercial loans, and lines of credit. The bank has been present in the Middle East for over 50 years and offers a range of corporate finance services. The first branch was opened in Dubai in 1964. The bank is directly represented in main markets in countries like the UAE, Egypt, Qatar, Kuwait, Jor...
3. Standard Chartered Bank
Standard Charteredis a British Multinational banking and financial services company that has its headquarters in London, England. The bank does not conduct retail banking in the UK and depends on Asia, Africa and the Middle East for around 90% of its profits. It is a leading international banking group has more than 86,000 employees. Standard Chartered Bank was established in the UAE in 1958. It features the most extensive branch network among foreign international banks in the country with 1...
1. Abu Dhabi Commercial Bank
Abu Dhabi Commercial Bank (ADCB) was established in 1985 as a public shareholding company with limited liability. It was formed by merging Emirates Commercial Bank, Federal Commercial Bank andKhaleej Commercial Bank. The government of Abu Dhabi holds 65% of the bank's shares through the Abu Dhabi Investment Council (ADIC), while the remaining is held by other institutions and individuals. It is the third largest bank in the UAE in terms of balance sheet size, offering a full range of commerci...
2. Abu Dhabi Islamic Bank
Abu Dhabi Islamic Bank (ADIB), was established on 20 May 1997 as a Public Joint Stock Company and commenced its commercial operations on 11 November 1998. All operations and transactions of this bank are carried out in accordance with Islamic Shari'a principles. It has offices in Abu Dhabi, Al Ain, Dubai and Sharjah. ADIB offers a range of cards with great services that include balance transfer, airport lounge access and websecure for online shopping.
3. First Abu Dhabi Bank
First Abu Dhabi Bank (FAB)is a UAE based bank which was formed when two UAE banks, National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) merged. Both the banks announced on July 3, 2016, that their boards of directors had voted unanimously to recommend to shareholders a merger of the two banks. The transaction was approved by the respective shareholders of the two banks on December 7, 2016. The transaction was executed through a share swap, with FGB shareholders receiving 1.254 NBAD sha...
Country: U.A.E. CEO: Bernd van Linder. Sales: $1.1 billion. Profits: $305 million. Assets: $26.6 billion. Market Value: $3 billion. With $26.5 billion worth of assets, CBD provides both conventional and Shariah-compliant banking services through a network of 15 branches across the U.A.E.
Jul 30, 2024 · The Commercial Bank of Dubai, also known as CBD, is a top bank in the UAE. It offers an extensive range of financial products and services to meet customers’ needs across the UAE. CBD has several attractive options, whether you want to open a personal savings or business account.
CBD offers retail and commercial banking products and services, as well as Shariah-compliant banking services. It has 15 branches in the U.A.E. The Investment Corporation of Dubai is CBD’s largest shareholder with 20%, followed by Al-Futtaim Private Limited with 10.5%.
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Oct 18, 2020 · CBD’s digital banking capabilities have received widespread industry praise, most recently winning “Best Mobile Banking App” and “Best in Lending” at the Global Finance 2020 World’s Best Digital Bank Awards.
