THE MIDDLE EAST'S

TOP 30 BANKS 2022

28. Commercial Bank of Dubai (CBD)

Country : U.A.E.
CEO: Bernd van Linder
Market value: $3.5 billion
Revenues: $1 billion
Profits : $395 million
Assets: $31.1 billion

CBD offers retail and commercial banking products and services, as well as Shariah-compliant banking services. It has 15 branches in the U.A.E. The Investment Corporation of Dubai is CBD’s largest shareholder with 20%, followed by Al-Futtaim Private Limited with 10.5%.