Commercial Bank of Dubai

Dubai

https://www.cbd.ae

Bank Logo

Overview of Commercial Bank of Dubai

Established in 1969, the Commercial Bank of Dubai (CBD) is one of the first banks operating in the United Arab Emirates. Over the years, it has grown to become one of the leading banks in the region. Its main office is situated on Al Itihad Road - Deira - Dubai, providing an accessible location for its diverse customer base. The bank is recognized for its innovative and bespoke personal banking and business banking services, designed to meet the unique needs of its clients.

Services and Operations

CBD offers a wide range of conventional and Islamic banking products and services. These are aimed at both individual customers looking for personal banking solutions and businesses seeking financial support. The bank's principal activity is commercial banking, but it also offers private banking services. These exclusive and personalised banking services are built on extensive knowledge of financial markets and are handpicked by a team of experienced and dedicated professionals. The bank's operations are designed to be simpler, smarter, and supportive for all its customers, allowing them to effectively manage, maximise, and grow their finances.

Customer Support

CBD's commitment to its customers extends beyond just providing banking services. It also has a contact centre available from 9:00 AM – 5:00 PM for customer inquiries. Additionally, it provides 24/7 support for reporting lost/stolen cards or fraudulent transactions, ensuring that customers can always reach them in times of emergency.

Global Presence

While the Commercial Bank of Dubai primarily operates in the UAE, its influence extends globally. This is evidenced by the bank's listing on the Dubai Financial Market, indicating its significant role in the global financial landscape. The bank's innovative services, strong customer support, and commitment to providing bespoke solutions have helped it establish a robust presence in the global banking sector.

Branches

Commercial Bank of Dubai Commercial Bank of Dubai - Al Quoz Branch

Commercial Bank of Dubai - Al Quoz Branch

Al Quoz - Al Quoz Industrial Area 3 - Dubai

Commercial Bank of Dubai Commercial Bank Of Dubai, Main Branch

Commercial Bank Of Dubai, Main Branch

CBD Main Branch, Ittihad Street Deira, behind Deira City Centre - Dubai

Commercial Bank of Dubai Commercial Bank of Dubai

Commercial Bank of Dubai

Opp Al Khaleej Centre - Al Mankhool Rd - Bur Dubai - Dubai

Personal

Credit Cards

Commercial Bank of Dubai Logo
APR: 46.20%
Annual Fee: AED208.95
Interest-Free Period: -55 days
Cash Advance Fee: 3.00% (min 105.00 AED)

Benefits:

Yes Rewards program, cashback offers, and travel benefits.

Commercial Bank of Dubai Logo
APR: 46.20%
Annual Fee: AED208.95
Interest-Free Period: -55 days
Cash Advance Fee: 3.00% (min 105.00 AED)

Benefits:

Smiles rewards program, dining discounts, and travel benefits.

Deposits

Commercial Bank of Dubai Logo
Minimum Deposit: AED 10,000.00
Tenure: 30 - 365 days
Interest Rate: Varies
Payment Frequency: On Maturity
Early Withdrawal Penalty: No interest will be paid, or a penalty will be charged if the Time Deposit is broken before maturity.
Islamic Deposit: No

Features:

Flexible tenors available. Customers must hold a Current or Savings account with CBD.

Commercial Bank of Dubai Logo
Minimum Deposit: AED 10,000.00
Tenure: 720 - 720 days
Interest Rate: 1.4%
Payment Frequency: On Maturity
Early Withdrawal Penalty: Lower interest applied for the completed period. No interest if withdrawn early.
Islamic Deposit: No

Features:

Fixed 720-day tenor. Interest calculated daily and credited on liquidation or maturity.

Mortgages

Commercial Bank of Dubai Logo
Interest Rate: 4.29%
APR: 4.59%
Max Loan Amount: AED 20,000,000.00
Loan Tenure: 300 months
Loan-to-Value (LTV): 85.00%
Processing Fee: 1% of loan amount (min AED 3,150, VAT applicable).

Features:

Only completed properties with a clear Title Deed are eligible; under-construction properties must be from approved developers.

Commercial Bank of Dubai Logo
Interest Rate: 4.29%
APR: 4.59%
Max Loan Amount: AED 20,000,000.00
Loan Tenure: 300 months
Loan-to-Value (LTV): 85.00%
Processing Fee: 1% of loan amount (min AED 3,150, VAT applicable).

Features:

Only completed properties with a clear Title Deed are eligible; under-construction properties must be from approved developers.

Car Loans

Commercial Bank of Dubai Logo
Interest Rate: 5.50% reducing
Maximum Loan Amount: AED 500,000.00
Loan Tenure: 60 months
Loan-to-Value (LTV): 80.00%

Features:

Personal Loans

Commercial Bank of Dubai Logo
Flat Interest Rate: 3.00%
Reducing Rate: 5.50%
Max Loan Amount: AED 150,000.00
Loan Tenure: 48 months
Min Salary: AED 10,000
Processing Fee: 0.50%

Features:

Up to AED 150,000 without salary transfer; quick processing; minimal paperwork.

Commercial Bank of Dubai Logo
Flat Interest Rate: 3.00%
Reducing Rate: 5.50%
Max Loan Amount: AED 750,000.00
Loan Tenure: 48 months
Min Salary: AED 8,000
Processing Fee: 1.00%

Features:

Finance up to 15x salary for expats, 20x for UAE Nationals; flexible repayment terms up to 48 months.

Savings Accounts

Commercial Bank of Dubai Logo
Interest Rate 0.10%
Minimum Balance: AED 5,000.00
Account Type Standard
Open Online: Yes
Commercial Bank of Dubai Logo
Interest Rate 1.25%
Minimum Balance: AED 0.00
Account Type High-Yield (Tiered)
Open Online: Yes

Business

SWIFT Codes

Commercial Bank of Dubai
CBDUAEAD

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