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.
Empowering your financial journey
Through years of dedication and innovation, CBD has evolved into a forward-thinking banking institution. Our foundation is built on a robust financial structure and a management team renowned for stability and foresight.
This resilience is reflected in the lasting relationships we’ve nurtured with our clients, who have remained loyal through every phase of growth. At CBD, we’re not just about banking; we’re about enriching financial journeys with a comprehensive suite of services designed to empower you in managing and building your wealth.
