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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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30 November 2020

CBD Recognized with “Best Commercial Bank” and “Best Digital Transformation” Awards by MEA Finance

Dubai, 30 November 2020: Commercial Bank of Dubai, one of the leading banks in the UAE, has won the “Best Commercial Bank” award and “Best Digital Transformation” award at the MEA Finance 2020 Awards.

The award was received by Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai, along with Abdul Rahim Al Nimer, General Manager – Corporate Banking, Amit Malhotra, General Manager – Personal Banking Group, Stefan Kimmel, Chief Operating Officer and Hassan Al Redha, General Manager - International & Transaction Banking, at a ceremony held recently at CBD Headquarters in Dubai.

The MEA Finance Awards honors banking and financial institutions from across the Middle East and Africa region for their excellence in creating robust financial systems through innovation and digital transformation as well as advancing the overall industry.

Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai, said: “It is a matter of immense pride that CBD has won the “Best Commercial Bank in the UAE” and “Best Digital Transformation in the UAE” by MEA Finance Awards. We are a pioneering financial institution operating for over 50 years and have been at the forefront of developing advanced banking solutions to meet the needs of our customers based on an in-depth understanding of their requirements and a consistent focus on providing exceptional customer service.”

Abdul Rahim Al Nimer, General Manager – Corporate Banking, said: “We are delighted to win this accolade by the MEA Finance Awards. This award is a testament to all the efforts the bank has taken over the years to support businesses across all the Emirates. This spirit of partnership with our clients has been further strengthened, especially during the global pandemic this year, where we helped businesses overcome the COVID challenge through a series of initiatives and continued support.”

Amit Malhotra, General Manager – Personal Banking Group, said: “In line with our goal of becoming ‘default digital’, the bank has been continuously improving its digital offerings based on our customer-centric strategy and in line with our innovation focused culture. As we continue on our journey towards excellence, awards such as these will motivate us to continue enhancing our services to our customers and providing them with more innovative solutions.”

CBD has won several awards in the digital and innovation realm notably and recently for “Most Innovative Card of the Year” Award at the Seamless Awards, “Excellence in Payment” Award at Finnovex Awards, “Best Mobile Banking App” and “Best in Lending” at the Global Finance’s 2020 World’s Best Digital Bank Awards. CBD has also been recognized with the “Best Cash Management Bank Award in the UAE for 2019”, from Global Banking and Finance Review, “Beat Cash Management in the UAE” Award by Banker Middle East in 2017, 2018 and 2019, “Best Payments Bank in the UAE” and “Best ERP integration Application” in 2019, by The Asian Banker and the “Best Online Cash Management Award” by Global Finance.

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