CBD wins Banker Middle East Award for "Best Cash Management"

Dubai, UAE – 22 March 2017, Commercial Bank of Dubai (CBD) was recognized as the ‘Best Cash Management’ Bank in the UAE for its innovative Cash Management solutions and services by Banker Middle East, a leading regional banking and finance publication. The Bank received the award at a ceremony held recently in its head office in Dubai.

Commenting on the award, Dr. Bernd van Linder, CBD’s Chief Executive Officer said: “We are delighted to have been recognized by a panel of world-renowned banking industry experts and by CPI Financial for being the ‘Best Cash Management Services” provider in UAE. Winning this award is a valuable recognition of CBD’s strategy of continual investment in technology and innovation to meet the dynamic and changing financial requirements of our clients.

Amol Bahuguna, Head of Payments and Cash Management, Transaction Banking at CBD said: “We are delighted to receive this recognition from Banker Middle East magazine.  What sets CBD Cash Management Services apart from the rest in the industry is our understanding of our clients’ needs and wants. Using innovative technologies, we provide a comprehensive range of integrated products and services from payments, collections and liquidity solutions to help our clients maximize their working capital whilst providing them with the necessary support and advisory tools to enhance their business

growth. Winning the Banker Middle East Award reflects our customer centric approach, the strength of our products, and the quality of service we provide to our clients".

The Banker Middle East Product Awards recognize financial products and services for their innovation and their excellent financial results and how they contribute to gain market share for banks operating in the region.