Monday 24 September 2018
 
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Commercial Bank of Dubai

CBD, PwC partner on digital innovation

Commercial Bank of Dubai (CBD) and PwC Middle East recently signed an agreement on an innovation programme that will help the bank in its objective to become default digital and in providing an exceptional customer experience by collaborating wi

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Dubai Rera partners with CBD on escrow services

The Real Estate Regulatory Agency (Rera) at Dubai Land Department has signed a partnership agreement with Commercial Bank of Dubai (CBD) for offering escrow account management services to Owners’ Association (OA) communities in Dubai.

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Dubai Rera partners with CBD on escrow services

The Real Estate Regulatory Agency (Rera) at Dubai Land Department has signed a partnership agreement with Commercial Bank of Dubai (CBD) for offering escrow account management services to Owners’ Association (OA) communities in Dubai.

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CBD partners with Network International

Commercial Bank of Dubai (CBD) and Network International, a leading payment solutions provider recently signed an agreement to provide Network International’s acquiring processing solutions to CBD’s wholesale banking clients.

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CBD 2017 profit surges 9.4pc to $474m

Commercial Bank of Dubai (CBD) has reported a 9.4 per cent increase in operating profit of Dh1,742 million ($474 million) for 2017,a media report said. Figures showed that operating income increased by 7.3 per cent to Dh2,642.4 mi

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Emirates NBD signs upsized $1.7bn loan

Dubai's largest bank, Emirates NBD (ENBD), has taken advantage of strong support from lenders to sign a $1.7 billion three-year loan, $450 million more than it had originally sought, banking sources said on Thursday. Gulf bank

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CBD to buy $817m of UAE company loans from RBS

Commercial Bank of Dubai (CBD) has agreed to acquire around Dh3 billion ($816.8 million) of corporate loans from Royal Bank of Scotland, the Dubai-based lender said on Wednesday. The portfolio of loans was mostly to large United A

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Commercial Bank of Dubai obtains $450m loan

Commercial Bank of Dubai said on Thursday it signed to obtain a $450 million, three-year loan which would be used for general business purposes. The new loan has an interest rate of 1.25 percent above the London interbank offered

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CBD repays $408m UAE govt support

Commercial Bank of Dubai (CBD) said it has repaid Dh1.5 billion ($408.41 million) of support from the UAE government which it had received in the wake of the global financial crisis. The UAE ministry of finance had injected Dh70 b

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CBD set to price $500m debut bond

Commercial Bank of Dubai (CBD) is set to price its $500 million debut international bond issue on Tuesday after launching the deal at the tighter end of price guidance, indicating healthy investor demand. The five-year bond will p

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