Dubai: Commercial Bank of Dubai, one of the leading banks in the UAE, has received the “Excellence in Innovation – Retail Banking” Award at the 3rd Annual Finnovex Middle East 2021 event held recently at the Conrad Dubai. In addition, CBD’s General Manager, Personal Banking Group, Amit Malhotra, was named the ‘Finfluencer of the Year’ Award.

The Finnovex Awards recognize and celebrate the efforts of various individuals, institutions and service providers in the field of financial services. They are aimed at honouring the pioneers and visionaries who have transformed the financial services industry. Award winners were chosen from across several entries across the region and evaluated by an experts panel.

Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai said: “We are extremely pleased to receive the “Excellence in Innovation – Retail Banking” Award as part of the Finnovex Awards 2021. Innovation is a key pillar of the bank’s strategy in line with its goal of becoming ‘Default Digital’. CBD is a pioneer in the banking industry providing customers with world-class digital services across all platforms. We have always taken the lead and launched some of the most innovative digital banking initiatives in the market. The award strengthens our determination to continue setting the standard in digital banking excellence.” 

Amit Malhotra, General Manager – Personal Banking Group at CBD, said, “We are pleased that Finnovex Awards has recognized the hard work we have put into our digital banking services. Today’s rapidly changing world requires offering innovative financial solutions to customers in the easiest and fastest way that technology can provide. We have invested heavily in the right people, processes and technology to bring our customers a host of digital offerings and innovations and provide them with seamless banking experience. CBD has launched some of the most innovative digital banking solutions such as the CBD Digi Account, CBD One Card and CBD Mobile app.”

He added, “I am also truly humbled and honoured to receive the “‘Finfluencer of the Year’” award. Helping others make better choices and increasing trust and transparency within financial services is something I’m extremely passionate about.”

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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 Mr. Sandeep Poduval Shivram, Head of Marketing, Commercial Bank of Dubai on 04 – 2121899 or email sandeep.poduval@cbd.ae

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