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CBI Q3 net profit surges 83pc to top $16.6mCommercial Bank International (CBI), a UAE based corporate and retail bank, has posted a net profit of Dh61 million ($16.6 million) for the third quarter (Q3) of the year, marking an 83 per cent surge compared to Q3 2017. The bank More… |
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CBD, PwC partner on digital innovationCommercial 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 More… |
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Dubai Rera partners with CBD on escrow servicesThe 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. More… |
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Dubai Rera partners with CBD on escrow servicesThe 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. More… |
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CBD partners with Network InternationalCommercial 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. More… |
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CBD 2017 profit surges 9.4pc to $474mCommercial 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 More… |
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Emirates NBD signs upsized $1.7bn loanDubai'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 More… |
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CBD to buy $817m of UAE company loans from RBSCommercial 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 More… |
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Commercial Bank of Dubai obtains $450m loanCommercial 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 More… |
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CBD repays $408m UAE govt supportCommercial 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 More… |
