Commercial Bank of Dubai recognized with “Best Cash Management Bank Award in the UAE” from Global Banking and Finance Review
Commercial Bank of Dubai (CBD), one of the leading banks in the UAE, has won the coveted “Best Cash Management Bank Award in the UAE for 2019”, from Global Banking and Finance Review, a leading online portal that covers banking, business and technology news and analysis.
The Global Banking and Finance Review Awards reward banks and financial institutions who have achieved exceptional results and those who stand out in their particular area of expertise in the banking and finance industry.
CBD was chosen after a rigorous assessment by industry analysts on several important parameters. Some of the criteria used by the judging panel to arrive at their decision include range of services, customer service, customer experience and service accessibility.
Commenting on the award, Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai said, “We are pleased to receive this award from Global Banking and Finance Review, which reflects our leadership and achievements in the payments and cash management field. CBD has been the commercial banking partner of choice for prominent companies in the UAE. This award will further strengthen CBD's status as a leading provider of payments and cash management services.”
Amol Bahuguna, Head of Payments and Cash Management at Commercial Bank of Dubai said, “We are proud that our cash management solutions have been recognized by the industry experts and a strong validation of our continuing efforts in creating value for the customers. CBD has been instrumental in driving digital transformation and investing in state-of-the-art technology to provide GRE, large corporate, commercial and SME customers with bespoke and innovative offering to help them improve their operational efficiency and save costs.”
CBD’s Payment and Cash Management Services provide a comprehensive range of integrated products and services including payments, collections and liquidity solutions. It supports clients in their growing and ever evolving cash management needs, and, through process automation, improving the operational efficiency. The award is an affirmation of CBD’s strength and expertise in providing bespoke solutions to clients, helping them to create value and efficiency across their Treasury function.