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When the Commercial Bank of Dubai opened in 1969 the start was not much more than a dream formed by a collective determination to help build this country.
It began with the vision of the founder of Dubai, His Highness, the Late Sheikh Rashid Bin Saeed Al Maktoum who focused on investing in his people and building Dubai into a modern metropolis. Among his plans, was an official decree that laid the groundwork for the Commercial Bank of Dubai.
The initial banking project was a joint venture between Commerzbank, Chase Manhattan Bank, and the Commercial Bank of Kuwait with minority stakes held by a few UAE businessmen. The decree that established the Commercial Bank of Dubai was issued prior to UAE’s establishment as a country. With the joint venture, CBD began its remarkable story as a bank that grew and prospered along with the growth of the UAE.
ADIB is a leading Islamic bank with more than AED 124.6 billion in assets. Established in 1997, the bank provides world-class, Shari'a-compliant retail, corporate, business, private banking and wealth management solutions through award-winning digital channels and across an extensive branch network. The bank has a presence in six strategic markets, including Egypt, where it has 70 branches, the Kingdom of Saudi Arabia, the United Kingdom, Sudan, and Iraq. Its shares trade on the Abu Dhabi Stock Exchange (ADX).
Named ‘World’s Best Islamic Bank’ by the Financial Times’ The Banker publication, ADIB has a rich track record of innovation based on a desire to always improve its customers’ banking experience. Amongst other benefits, the bank’s recent digital transformation program has led to the creation of a new generation of the technology-enhanced branch, ADIB Express, which combines the benefits of digital banking with highly-personalised customer service, and Express Finance, providing qualifying customers with instant access to personal finance through the mobile app.