CBD opens branch in Umm Suqeim

DUBAI - Commercial Bank of Dubai (CBD) has announced the opening of its state-of-the-art branch in Umm Suqeim, Dubai on Friday. The 25th branch of CBD was inaugurated by Ahmed Humaid Al Tayer, Chairman of CBD, in the presence of the board members and senior management.

By Staff Report

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Published: Sat 20 Nov 2010, 11:26 PM

Last updated: Mon 6 Apr 2015, 5:10 PM

The new CBD branch is strategically located in Umm Suqeim II, Dubai and will cater to the financial needs of the neighboring community. It is characterised by a strategic location, modern state-of-the art design and hi-tech systems that will enrich service quality to exceed client expectations.

The branch is managed by a team of professionals. It offers a full range of business and consumer banking services and will remain open from Saturday through Thursday. In addition to CBD’s conventional banking services bouquet, the branch also offers an Al Dana Center to serve our wealth management clients and an Attijari Al Islami Centre for Shariah compliant banking products and services.

Peter Baltussen, CEO of CBD, said: “The luxurious Umm Suqeim branch is located in a prime residential area, where many of our clients and prospective clients have their residences. We are focused on expanding our physical presence in upscale areas to be available to our affluent customers wherever needed.”

Yaqoob Yousuf Hassan, Deputy Chief Executive said: “The new branch reflects our commitment to the growth, development and prosperity of Dubai. It is modern, spacious and equipped to offer excellent services and banking facilities to our existing as well as potential clients in a pleasant and friendly environment.” The Umm Suqeim Branch is equipped with an automated banking lobby which provides 24/7 access to CBD’s ATM, Cash and Cheque Deposit Machines for customer convenience.

Established in the UAE in 1969, Commercial Bank of Dubai offers a wide range of commercial and consumer banking products and services through a network of 25 conventional branches, 3 Cash Offices, 5 Islamic Branches, 23 Islamic Centres and 164 ATMs spread across the UAE. The Bank is listed in DFM and fully owned by UAE Nationals, including 20% by the Government of Dubai.


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