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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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09 November 2020

Commercial Bank of Dubai Inaugurates a New Business Service Centre in Al Nahda Center, Dubai

Dubai, 09 November 2020: Commercial Bank of Dubai, one of the leading financial institutions in the UAE, has reaffirmed its commitment to support businesses and entrepreneurs by opening a dedicated Business Service Centre in Gulf Vision Government Transactions Center, located at Al Nahda Centre, Ghusais - Dubai. The prime location provides easy access to a wide range of services from trade license, immigration, health, emirates ID and banking services all under one roof for businesses.

Omar Bushahab, CEO, the Business Registration & Licensing sector of Dubai Economy, Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai, along with Nabeel Ahmed Mohammed, CEO of Al Nahda Centre, inaugurated the new Business Service Centre in the presence of a group of the Bank’s customers and members of senior management.

Al Nahda Centre will help SMEs avail all the key government services and financial solutions starting from setting up a trade license, immigration services, health services, Emirates ID, Notary Services of Dubai Court, Services of Dubai Civil Defense and opening a bank account, all conveniently located within one premise, making it much easier and convenient for businesses.

Commenting on the new Center inauguration, Omar Bushahab, said: “The collaboration with CBD and Gulf Vision Government Transactions L.L.C, is in line with our commitment to create added value for business owners, which will add to the competitiveness of Dubai’s business environment. Under the guidance of our leadership, we are focused on promoting public private partnerships with various entities, especially in the financial sector, to enable our customers to conduct business seamlessly. We are committed to offering innovative initiatives that will add to the convenience of business owners.”

Dr. Bernd van Linder, said: “CBD has always been committed to support all of the Government’s initiatives and plans, including those that support SMEs, as they are a vital contributor to the growth of the country’s economy.”

“The opening of the new Center reinforces our commitment to make SME banking services more accessible and convenient to our clients. It also illustrates our determination to provide our clients with best in class products and services including accounts, credit cards and loans that cater to the businesses and to the personal needs of the business owners, making their banking experience simpler, easier and more personalized.”

Amit Malhotra, General Manager – Personal Banking Group of CBD, said: “CBD has a wide range of bespoke products and services to help SMEs as they grow their business. We already have a strong partnership with DED, the Ministry of Finance through eDirham and several other government entities, and this business center will serve to enhance this by providing all government and financial services in one location.”

Nabeel Ahmed Mohammed, CEO of Al Nahda Centre and Gulf Vision Transactions commented: “The Association with CBD will complement all government services available at Centre, which will keep our clients comfortable and satisfied”.

“The presence of CBD at Al Nahda Centre is adding another highly demanded service for all our valued clients. Me and my team are excited about this proud achievement” said Shamim Yusuf, General Manager of Al Nahda Centre.    

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