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- Opp Deira City Center, Dubai, United Arab Emirates
Commercial Bank of Dubai
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Commercial Bank of Dubai – Commercial Bank of Dubai CBD was established in 1969 by an Emiri Decree issued by His Highness, the late Sheikh Rashid bin Saeed Al Maktoum. The bank started out as a joint venture between Commerzbank, Chase Manhattan Bank, and the Commercial Bank of Kuwait, with a minority stake held by a few UAE businessmen.
In 1982, Commercial Bank of Dubai reached a major milestone when it transformed into a national shareholding company, with a major operational restructuring and an increase in capital base. This represented a major turning point in the bank’s history, when the government of Dubai became a majority shareholder.
Over the decades, Commercial Bank of Dubai has transformed into a progressive and modern banking institution. We are supported by a sturdy financial base led by a strong and stable management, as proven by our clients who have stood with us over the years.
Today, we are in a position to offer a wide range of retail and commercial banking products and services, in both conventional and Shariah-compliant formats, with a network of 26 branches and over 210 ATMs throughout the UAE.
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Why Commercial Bank of Dubai?
Over the decades, Commercial Bank of Dubai has transformed into a progressive and modern banking institution. We are supported by a sturdy financial base led by a strong and stable management, as proven by our clients who have stood with us over the years. Today, we offer a full range of financial services to help our customers build and manage their finances.
The Commercial Bank of Dubai is listed on the Dubai Financial Market and is fully owned by UAE nationals, including 20% by the Government of Dubai. The Bank employs around 1,100 staff from 35 nationalities of which 40% are UAE Nationals. It offers a wide range of Conventional and Islamic banking products and services to its commercial and consumer banking customers through a network of 25 conventional branches, 6 Islamic Branches and 2 Cash Offices. Moreover the Bank has invested in an extensive network of 210 ATMs/CDMs. It also provides Wealth Management services to its consumer customers through its 15 Al Dana Wealth Management Centres.
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