Commercial Bank International

Ras Al Khaimah

https://www.cbionline.ae

Bank Logo

Commercial Bank International (CBI) is a prominent banking institution in the United Arab Emirates. With its headquarters situated in Dubai, the bank is incorporated in Ras Al Khaimah and listed on the Abu Dhabi Securities Exchange. CBI operates under the regulation of the Central Bank of the UAE, ensuring that all banking practices meet the financial regulations of the country.

Services and Operations

CBI offers a comprehensive range of banking products and services designed to meet different financial needs. The bank provides personal accounts, deposit accounts, loans, and debit cards to individual customers. Corporate clients can benefit from services like corporate lending and remittance services.

Besides conventional banking services, CBI also offers e-banking solutions to its customers. The bank's online banking platform allows customers to perform UAE and international money transfers without the need to visit a foreign exchange. This digital platform adds convenience and accessibility to the bank's services, catering to the modern banking needs of customers.

Global Presence

Although CBI is fundamentally a local UAE bank, it has a significant influence on leading companies and ambitious individuals in the country. The bank has been instrumental in helping these companies and individuals manage their business and personal finances confidently. Despite its local focus, CBI's robust banking services and digital platforms have given it a global reach, connecting it with customers and businesses worldwide.

Company Vision and Value Proposition

CBI has been a well-established corporate and retail bank in the UAE since 1991. The bank's vision is to provide reliable and efficient banking services to its customers, helping them achieve their financial goals. Its value proposition lies in its competitive rates, customer-focused services, and commitment to innovation in banking.

Branches

Commercial Bank International Commercial Bank International - Al Rigga Branch

Commercial Bank International - Al Rigga Branch

CBI Building, Al Rigga Street, Opp. KFC, Deira - Dubai

Commercial Bank International Commercial Bank International CBI

Commercial Bank International CBI

Unit - LG - 150 - Financial Ctr St - Downtown Dubai - Dubai

Commercial Bank International Commercial Bank International - Sharjah Branch

Commercial Bank International - Sharjah Branch

Al Dana Tower Buhaira - 151 Corniche St - Al Majaz 3 - Sharjah

Personal

Credit Cards

Commercial Bank International Logo
APR: 35.88%
Annual Fee: AED0.00
Interest-Free Period: -55 days
Cash Advance Fee: 3.15% (min 105.00 AED)

Benefits:

Earn rewards, free movie offers, 0% Easy Payment Plan at selected outlets.

Commercial Bank International Logo
APR: 41.40%
Annual Fee: AED840.00
Interest-Free Period: -55 days
Cash Advance Fee: 3.15% (min 105.00 AED)

Benefits:

Exclusive lifestyle benefits, flexible reward points redemption.

Deposits

Commercial Bank International Logo
Minimum Deposit: AED 10,000.00
Tenure: 30 - 365 days
Interest Rate: Varies
Payment Frequency: Monthly or Annually
Early Withdrawal Penalty: Minus 2% of the published rate for the completed tenure. No interest if tenure is 2% or less.
Islamic Deposit: No

Features:

Secured overdraft facility available up to 90%, subject to approval. Open multiple fixed deposits in different currencies.

Mortgages

Commercial Bank International Logo
Interest Rate: 5.00%
APR: N/A
Max Loan Amount: AED 8,000,000.00
Loan Tenure: 300 months
Loan-to-Value (LTV): 80.00%
Processing Fee: 1.05% of loan amount (inclusive of VAT).

Features:

Customers can benefit from the CBI Mortgage Saver Account, which offers 2% interest on credit balances.

Commercial Bank International Logo
Interest Rate: 5.25%
APR: N/A
Max Loan Amount: AED 8,000,000.00
Loan Tenure: 300 months
Loan-to-Value (LTV): 75.00%
Processing Fee: 1.05% of loan amount (inclusive of VAT).

Features:

Customers can benefit from the CBI Mortgage Saver Account, which offers 2% interest on credit balances.

Car Loans

Commercial Bank International Logo
Interest Rate: 3.75% reducing
Maximum Loan Amount: AED 500,000.00
Loan Tenure: 60 months
Loan-to-Value (LTV): 80.00%

Features:

Finance available for new and used cars. Fast loan approval. No salary transfer required. Loan term up to 60 months for new cars, 48 months for used cars.

Savings Accounts

Commercial Bank International Logo
Interest Rate 5.25%
Minimum Balance: AED 3,000.00
Account Type High-Yield
Open Online: Yes
Commercial Bank International Logo
Interest Rate Not Applicable
Minimum Balance: AED 3,000.00
Account Type Standard
Open Online: No

Business

SWIFT Codes

Commercial Bank International - Jumeirah Headquarters
CLBIAEAD

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