Wednesday 3 September 2014
 
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Commercial Bank International

CBI seeks investor nod for $300m rights issue

Abu Dhabi-listed Commercial Bank International (CBI) said on Thursday it would convene a shareholder meeting on February 20 to get approval for a 50 percent capital increase through a rights issue. The lender, 40 percent-owned by

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UAE bank unveils new brand identity

Commercial Bank International, a leading financial institution in the UAE, has unveiled a new brand identity that reflects its strategic partnership with Qatar National Bank (QNB). Announcing the beginning of a new chapter in its

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CBI, Oman Insurance in strategic tie-up

Commercial Bank International (CBI), a leading bank in the UAE, has announced the launch of a strategic alliance with Oman Insurance Company to market a range of insurance products. The agreement will enable the bank to offer customers a c

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CBI sees net profit up 108pc

UAE-based Commercial Bank International (CBI) reported a net profit of Dh66.1 million  ($17.9 million) for the first quarter, up 108 per cent when compared to Dh31.8 million during the same period last year. Announcing the results, CB

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CBI launches new home loan

Commercial Bank International (CBI) has announced the launch of its new home loan product as part of its overall strategy to expand its product menu by offering innovative and customer- centric products and services. The new home loan offe

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Commercial Bank net income up 14pc

UAE-based Commercial Bank International said its net interest income for the first nine months increased by 14.1 per cent to Dh290.64 million compared to Dh254.77 million achieved in the same period last year. Announcing the results for th

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CBI offers personal loans at 6.75pc

Commercial Bank International (CBI), one of the leading banks in the UAE, has unveiled a new promotion offering personal loans with an interest rate of 6.75 per cent per annum. As part of the promotion, customers will enjoy zero processing

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Commercial Bank net profit up 173pc

UAE-based Commercial Bank International (CBI) said its full-year net profit for 2010 after provisions surged 173 per cent to Dh143.1 million compared to Dh52.4 million the previous year. Announcing the results on Monday, CBI said its total

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CBI posts record H1 profits

Dubai-based Commercial Bank International (CBI) has reported a record net profit of Dh70.28 million ($19.13 million) for the first half of the year, a 3.3 per cent increase over the same period in 2009. Earnings increased 2 per cent over t

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Commercial Bank posts $19m profit

Dubai-based Commercial Bank International (CBI) said it has registered a net profit of Dh70.28 million ($19.1 million) for the half year, up 3.3 per cent compared to the same period last year. Announcing the results, the Commercial Ba

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