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Commercial Bank of Dubai and Infinios Announce Strategic Partnership

14 October 2021

Dubai, UAE; and Manama, Bahrain. 4th October 2021. Commercial Bank of Dubai (CBD) and Bahrain-based fintech Infinios Financial Services B.S.C.(c) (Infinios) today announced a strategic partnership to support the growing fintech ecosystem in United Arab Emirates. Under the partnership, CBD, one of the leading banks in the UAE, will join hands with Infinios, a licensed and regulated card processor and payment services provider that offers next-generation digital banking and payment technology solutions, to enable fintech and digital commerce businesses and drive the take-up of embedded financial services in the UAE to achieve the financial inclusion objectives of the UAE.

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13 November 2018

Commercial Bank of Dubai Partners with Dubai Police to Offer Easy Payment of Fines

Cardholders of the Commercial Bank of Dubai (CBD) can now pay their traffic fines in instalments with zero interest rates, as the Dubai Police recently signed a partnership with the bank.  

Fines for traffic violations can now be paid in three, six, nine, or 12 months, with a minimum amount of Dh500. 

The memorandum of understanding (MoU) was signed by Brigadier-General Saif bin Abed, director-general of finance at the Dubai Police, and Bernd van Linder, CEO of CBD, in the presence of other officials.

The initiative, according to the Dubai Police, is part of their strategy to open up new, more convenient ways to facilitate customers' transactions. 

"This agreement falls in line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, to transform Dubai into a smart city with a smart government that will bring happiness and satisfaction to its residents," Brig-Gen Bin Abed said.

Dr. Bernd van Linder of CBD said: "In line with the government of Dubai's vision to raise the level of happiness among the emirate's population, we are proud to partner with Dubai Police to provide credit facilities to our cardholders. Partnership and cooperation between government agencies and the private sector is necessary to help Dubai achieve its goals."

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