Investments
4Partners & Customers
10Latest Commercial Bank of Dubai News
Jul 5, 2022
04/27 07/05/2022 | 06:23am EDT Message : *Required fields Commercial Bank of Dubai signs Partnership Agreement with Meydan Free Zone to provide banking services to their license holders Commercial Bank of Dubai (CBD), one of the leading banks in the UAE,has signed a partnership agreement with Meydan Free Zone to provide banking services to their license holders. The partnership will enable trade license holders of Meydan Free Zone to leverage CBD's banking products and services, including exclusive digital business accounts, as well as a wide range of exclusive tailored banking services. The agreement was signed between Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai and Hamed Ahli, Associate Director - Meydan Free Zone, at a ceremony held at the Bank's Head Office in Deira, Dubai. Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai, said: "As a leading advocate of the SME community in the UAE, CBD is committed to supporting business owners and empowering entrepreneurs to achieve their ambitions. Our partnership with Meydan Free Zone will provide SMEs and start-ups with access to CBD's innovative digital banking services, enabling them to fulfill their financial and business requirements, while also supporting the UAE's goal to build a robust knowledge-based economy. From their side, Meydan Free Zone said: "Our vision is to further stimulate the economy by attracting more foreign direct investment into the UAE, as well as supporting start-ups and championing entrepreneurship locally. We are proud to play a key role in enhancing Dubai's position as a leading hub for trade by attracting business owners who are committed to commercial growth and success."
Commercial Bank of Dubai Investments
4 Investments
Commercial Bank of Dubai has made 4 investments. Their latest investment was in Metito as part of their Loan on March 3, 2022.
Commercial Bank of Dubai Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
3/7/2022 | Loan | Metito | $120M | Yes | 1 | |
2/7/2022 | Debt | |||||
11/30/2021 | Debt - IV | |||||
3/29/2021 | Debt |
Date | 3/7/2022 | 2/7/2022 | 11/30/2021 | 3/29/2021 |
---|---|---|---|---|
Round | Loan | Debt | Debt - IV | Debt |
Company | Metito | |||
Amount | $120M | |||
New? | Yes | |||
Co-Investors | ||||
Sources | 1 |
Commercial Bank of Dubai Partners & Customers
10 Partners and customers
Commercial Bank of Dubai has 10 strategic partners and customers. Commercial Bank of Dubai recently partnered with Postpay on February 2, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
2/7/2022 | Partner | United Arab Emirates | Fintech company Postpay collaborates with Commercial Bank of Dubai Dr Bernd van Linder , CEO of Commercial Bank of Dubai , commented , `` The partnership with Postpay is in line with our commitment to back our customers ' ambitions . | 5 | |
11/8/2021 | Partner | Mastercard, Tutuka, and Postpay | United States, and United Arab Emirates | Postpay, Mastercard and CBD partner for BNPL solution The Commercial Bank of Dubai , Mastercard , tutuka and Postpay have strategically partnered to launch the region 's first-of-its-kind `` Shop Anywhere '' BNPL solution that will drive digital payments in the region . | 3 |
6/9/2021 | Partner | United Arab Emirates | Al-Futtaim’s Blue Rewards Program enters a strategic partnership Commenting on the partnership , Regis Schultz , Head of Retail at Al-Futtaim Retail Group said , `' Through our inherent customer-centric approach , we are committed to continuously diversifying our offering to be able to deliver on our commitment of enriching the lives of our customers each and every day . | 1 | |
3/3/2021 | Partner | ||||
12/29/2020 | Partner |
Date | 2/7/2022 | 11/8/2021 | 6/9/2021 | 3/3/2021 | 12/29/2020 |
---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | Mastercard, Tutuka, and Postpay | ||||
Country | United Arab Emirates | United States, and United Arab Emirates | United Arab Emirates | ||
News Snippet | Fintech company Postpay collaborates with Commercial Bank of Dubai Dr Bernd van Linder , CEO of Commercial Bank of Dubai , commented , `` The partnership with Postpay is in line with our commitment to back our customers ' ambitions . | Postpay, Mastercard and CBD partner for BNPL solution The Commercial Bank of Dubai , Mastercard , tutuka and Postpay have strategically partnered to launch the region 's first-of-its-kind `` Shop Anywhere '' BNPL solution that will drive digital payments in the region . | Al-Futtaim’s Blue Rewards Program enters a strategic partnership Commenting on the partnership , Regis Schultz , Head of Retail at Al-Futtaim Retail Group said , `' Through our inherent customer-centric approach , we are committed to continuously diversifying our offering to be able to deliver on our commitment of enriching the lives of our customers each and every day . | ||
Sources | 5 | 3 | 1 |
Commercial Bank of Dubai Team
1 Team Member
Commercial Bank of Dubai has 1 team member, including former Chief Information Officer, Dimitris Mavroyiannis.
Name | Work History | Title | Status |
---|---|---|---|
Dimitris Mavroyiannis | Commercial Bank, Eurobank, and IBM | Chief Information Officer | Former |
Name | Dimitris Mavroyiannis |
---|---|
Work History | Commercial Bank, Eurobank, and IBM |
Title | Chief Information Officer |
Status | Former |
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