Saturday 23 November 2024
 
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Commercial Bank International

CBI H1 net profit surges 55pc to $22m

UAE-based Commercial Bank International (CBI) has posted a net profit of Dh81 million ($22 million) for the first six months (H1) of the year, compared to Dh52 million in H1 2017, marking an increase of 55 per cent. Operating prof

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CBI partners with Al Jalila Foundation

Commercial Bank International (CBI), a leading bank headquartered in Dubai, UAE has partnered with Al Jalila Foundation, a not-for-profit organisation, to support the foundation’s medical education, research and treatment programmes.

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Commercial Bank International gets new retail head

Commercial Bank International (CBI), a leading bank in the UAE, has appointed Anil Kumar as its new head of retail banking. Kumar joins CBI from Abu Dhabi Islamic Bank (ADIB) where he was executive vice president of business trans

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Dubai’s CBI names new Islamic banking head

Dubai-based Commercial Bank International (CBI), a leading financial institution in the UAE, has appointed Mamoon Abdel Kader as its new head of Islamic Banking. Mark Robinson, chief executive officer of CBI said: “We are pl

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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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