Dubai: Commercial Bank of Dubai, a leading bank in the UAE, announced that its ‘CBD Investr’ App has been awarded the ‘Outstanding Robo Advisory’ Award at the 2022 Digital CX Awards and ‘Most Effective Investment Service Offering’ at the MENA Banking Excellence Awards 2022.

The Digital CX Awards, from Digital Banker, recognize the world’s leading Financial Services Organisations for pioneering innovation in digital customer experience. The MENA Banking Excellence Awards celebrate best-in-class banking and financial services institutions and individuals for their innovative offerings and commitment to customer excellence.

The CBD Investr app enables users to automatically create a globally diversified and personalized portfolio of stocks, bonds, and other asset classes based on their risk profile and provides direct access to invest in over 8,000 global stocks and ETFs.

The automated investment feature is powered by smart algorithms that creates and actively manages an optimized portfolio based on changing market conditions.

Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai, said, “We are honoured to be recognised with these prestigious industry awards, which acknowledge innovation in financial services and our commitment to customer excellence.  CBD has been instrumental in driving digital transformation and investing in state-of-the-art technology to provide customers with bespoke and innovative investment solution which helps them to grow their wealth in a simpler, more transparent and affordable manner. Going forward, we remain focussed on the continued development of innovative banking solutions to help customers achieve their financial aspirations and back their ambitions.”

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About Commercial Bank of Dubai:

Commercial Bank of Dubai was established in 1969 and is registered as a Public Shareholding Company (PSC). The Bank is listed on the Dubai Financial Market and is mostly owned by UAE Nationals, including 20% by the Investment Corporation of Dubai (ICD). Over the years, Commercial Bank of Dubai has built itself into a progressive and modern Banking institution, endowed with a strong financial structure and strong management, as well as a loyal and ever-increasing customer and correspondent base. Today CBD is one of the leading banks in the United Arab Emirates and offers its customers a full range of retail and commercial banking products and services.

For additional information, contact CBD’s PR and Media team at PRandMedia@cbd.ae