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, CBD reached a major milestone when it transformed into a national shareholding company, with a major operational restructuring and increase in capital base. This represented a major turning point in the bank's history, with the government of Dubai becoming a major shareholder.
Commercial Bank of Dubai is now one of the leading banks in the UAE, offering innovative and bespoke personal banking and business banking services, through state-of-the-art digital channels, including mobile and online banking, and through an extensive branch and ATM network. Operating in the UAE for over 50 years, CBD manages the financial requirements of the some of the largest corporates and businesses operating in the country, helping to drive the UAE economy.
Over the decades, CBD 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 Shari'ah-compliant formats.
Learn morePioneering digital excellence in UAE banking
To become your trusted partner for every step of your financial journey - from your first account to your pension plan.
To back the businesses driving the UAE economy, and help individuals grow their money responsibly and sustainably.
At CBD, our core values are the compass that guides every aspect of our operations and interactions.
"At CBD, innovation and a customer-centered approach are the cornerstones of our operations. We're committed to simplifying banking with personalised, smart solutions that meet your unique needs. This commitment to innovation and customer satisfaction is what sets CBD apart, ensuring that every service we offer is not just a transaction, but a step towards smarter, better banking.”
Everything you need to know about our performance, ownership and credit rating. As a financial institution licensed in the UAE, Commercial Bank of PSC ('CBD' or the 'Bank') is committed to complying with the Corporate Governance Regulations and Standards issued by the UAE Central Bank and the Securities and Commodities Authority, and with best governance practices adopted internationally.
Annual Reports Financial ResultsProtecting the interests of all our stakeholders and promoting long-term sustainability of the Bank. In accordance with the Articles of Association for Commercial Bank of Dubai the formation of the Board of Directors is governed by the Federal Law on Commercial Companies (as amended). The Board comprises of 11 members who are elected through the General Meeting, for a term of three financial years.
Corporate Governance Framework CBD Board of DirectorsFor 54 years, CBD has had the privilege of a social license to operate in the UAE. We retained this license through an unending commitment to our corporate and social responsibility initiatives.
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