Commercial Bank of Dubai
Commercial Bank of Dubai (“CBD”) was established in 1969 and celebrated its 50th anniversary in 2019. CBD’s banking operations are balanced between corporate and commercial banking. In 2008, the bank established a full fledged suite of Islamic banking services.
CBD has embarked on a strategic partnership with Microsoft to adopt and leverage the cloud technological opportunities being offered by Microsoft Azure Cloud. This partnership is seen as the beginning of CBD’s commitment to being a “default digital bank”.
UAE Market Share
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Assets3.0%
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Deposits3.5%
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Loans3.7%
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Assets88Billion AED
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Loan book64Billion AED
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Deposits63Billion AED
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Branches15
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Market capitalisation11Billion AED
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Employees supporting operations1,500+
Last updated, the year ended 31 December 2019