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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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28 February 2021

Commercial Bank of Dubai Wins Three Awards at the EMEA Finance’s Middle East Banking Awards 2020

Dubai, 28 February 2020: Commercial Bank of Dubai, one of the leading banks in the UAE, has won three awards at the thirteenth edition of the EMEA Finance Middle East Banking Awards 2020. The Middle East Banking Awards celebrate the achievements of banking institutions that have recorded consistent performance, demonstrated the highest standards of service, developed innovative products, and achieved overall excellence in the industry. CBD has been recognised as the “Best Local Bank in UAE”, retaining this award for the second consecutive year. In addition, the Bank’s newly launched CBD Digi Account was honoured for “Best Product Launch in the Middle East”. Furthermore, CBD’s CEO Dr. Bernd van Linder has been acknowledged as the CEO of the Year.  

The awards were received by Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai at a ceremony held recently at the Bank’s headquarters in Dubai.

Upon receiving the awards, Dr. van Linder stated: “Despite the challenging environment in 2020, we continued to provide uninterrupted service to our clients through accelerating our digital service offering. These three awards that we won at the 2020 EMEA Finance Middle East Banking Awards are a testament to our digital transformation strategy which is relentlessly focused on improving customer experience. We will continue to provide innovative banking solutions to exceed the expectations of our customers when it comes to customer service.”

He added, “I am also truly humbled and honoured to receive the “CEO of the Year” award for Best CEO in the Middle East, and I would like to dedicate this award to all our CBD employees, whose great work has made it possible to win this award.”

Amit Malhotra, General Manager – Personal Banking Group at CBD, said, “We are delighted to receive the Best Product Launch award for our CBD Digi Account.  The CBD Digi Account is a great product that customers can avail digitally and instantly with amazing benefits. Our digital on-boarding capabilities help provide instant access combined with the best banking experience. As we continue on our journey towards excellence and being default digital, awards such as these will motivate us to continue enhancing our services to our customers and providing more innovative solutions.”

EMEA Finance is a leading bi-monthly global industry publication which reports on the major financial events initiated and influenced by the international financial industry active in Europe, Middle East and Africa (the EMEA region).  

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