ArabianBusiness.com - Middle East Business News
Friday, 09 January 2009 | 15:17 UAE time

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COMPANIES

Commercial Bank of Dubai

  • +4.10 Last
  • +0.10 (+2.50%) Today's Change
  • 250,000 Volume
  • 3.98-12.20 52 Week Range
  • -5.02 (-55.04%) 52 Week Change
As of 8 Jan 2009 09:58 GMT (Market Closed)

COMPANY DESCRIPTION

The Commercial Bank of Dubai offers a range of retail and commercial banking products, and has a network of 26 branches covering the UAE.

In 2007 the bank reported a net profit of AED 936 million and total assets totaling AED 30.4 billion.

KEY INFORMATION

Industry

Commercial Banks, Investment Banks, Mortgage and Home Finance

Address

Al Ittihad Street, Port Saeed, 2668, Dubai, UAE

T

971 4 2121000

F

971 4 2121111

E

-

W

www.cbd.ae

COMPANY OVERVIEW

Ownership Type Established on Employees
Public Joint stock 3 Jul 1969 -

MAJOR SHAREHOLDERS

NameCountry
Abdullah Hamad Al Futtaim UAE
Abdulwahid Hassan Mohammad Al Rostamani UAE
Al Futtaim Group UAE
Investment Corporation of Dubai UAE

PORTFOLIO

NameCountry
Al Dana Wealth Management UAE
CBD Financial Services UAE
National General Insurance UAE
Rasmala CBD Asset Management UAE

OFFICERS

BOARD OF DIRECTORSPosition
HE Ahmed Humaid Al Tayer Chairman
HE Saeed Ahmed Ghobash Deputy Chairman
HE Saeed Mohammed Al Ghandi Deputy Chairman
Abdul Wahed Hassan Al Rostamani Director
Abdul Rehman Saif Al Ghurair Director
Saeed Mohammed Al Mulla Director
Khaled Juma Al Majid Director
Omar Abdulla Al Futtaim Director
MANAGEMENTPosition
Peter Baltussen Chief Executive Officer
Yacoub Yousuf Hassan Deputy Chief Executive Officer
Ibrahim Abdulla General Manager - Administration & Finance
Mahmoud Hadi General Manager - Systems & Operations
Faisal Galadari General Manager - Business Group
Ahmed Shaheen General Manager - Credit
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