Commercial Bank of Dubai (CBD)
Sector: Banks & Financial Services
Date of Establishment: 1969
With $26.5 billion worth of assets, CBD provides both conventional and Shariah-compliant banking services through a network of 15 branches across the U.A.E. Last year, the bank’s digital users base grew by 41% and the number of active users increased by more than 60%. In November 2020, CBD listed a six-year AT1 conventional bond worth $600 million on Nasdaq Dubai, which was its first listing on Nasdaq. The bank has joined the Community Solidarity Fund to support the U.A.E. government in its fight against the pandemic.