Company Commercial Bank of Dubai

Equities

CBD

AEC000201017

Banks

Market Closed - Dubai FM 06:55:00 2024-04-25 am EDT 5-day change 1st Jan Change
7 AED +4.17% Intraday chart for Commercial Bank of Dubai +7.69% +36.99%

Business Summary

Commercial Bank of Dubai PSC is a United Arab Emirates-based company that provides commercial banking products and services. The Bank is organized into four segments: the Corporate banking segment includes loan and other credit facilities, deposits, trade finance products and e-commerce solutions to large corporate clients; the Commercial banking segment includes loans, working capital financing, trade finance and deposits products to commercial (mid-sized) clients and business (small) clients; the Consumer banking segment includes current accounts, easy access saving accounts, fixed rate deposit accounts, personal loans, overdraft facilities, vehicle finance, mortgage products, loans and other credit facilities to high net-worth, mid-tier clients and modest income group, and the Treasury and investments segment undertakes balance sheet management deals in derivatives for trading and for risk management purposes and manages the Bank’s investment portfolio.

Number of employees: 1,200

Sales per Business

AED in Million2022Weight2023Weight Delta
Corporate Banking
59.3 %
2,035 53.4 % 2,928 59.3 % +43.83%
Personal Banking
18.4 %
843 22.1 % 908 18.4 % +7.76%
Institutional Banking
12.8 %
750 19.7 % 634 12.8 % -15.40%
Trading & Other
9.5 %
184 4.8 % 468 9.5 % +154.13%

Sales per region

AED in Million2022Weight2023Weight Delta
United Arab Emirates
100.0 %
3,812 100.0 % 4,938 100.0 % +29.53%

Managers

Managers TitleAgeSince
Chief Executive Officer - 16-12-31
Director of Finance/CFO - 18-05-05
Chief Operating Officer - -
Compliance Officer - -
Corporate Officer/Principal - -
Corporate Officer/Principal - -
Human Resources Officer - -
Treasurer - 17-05-31
Corporate Officer/Principal - 98-12-31
Corporate Officer/Principal - 87-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member - 18-03-19
Director/Board Member - 02-02-28
Director/Board Member 57 11-05-18
Chairman 62 18-03-19
Director/Board Member - 15-02-28
Director/Board Member 57 08-02-29
Director/Board Member - 15-02-28

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 2,985,191,949 1,183,491,289 ( 39.65 %) 0 39.65 %

Shareholders

NameEquities%Valuation
Investment Corporation of Dubai (Investment Company)
20.00 %
597,038,397 20.00 % 1 130 M AED
Al Futtaim Pvt Co. LLC
19.35 %
577,634,664 19.35 % 1 093 M AED
207,470,839 6.950 % 393 M AED
197,321,195 6.610 % 373 M AED
Ghobash Trading & Investment Co. Ltd. LLC
6.370 %
190,156,728 6.370 % 360 M AED

Holdings

NameEquities%Valuation
26,613,032 17.75% 36,235,772 $

Company contact information

Commercial Bank of Dubai

Al-Ittihad Road Deira

, Dubai

+971 600 575 556

http://www.cbd.ae
address Commercial Bank of Dubai(CBD)

Group companies

NameCategory and Sector
Major Banks

Sales per Business

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
7 AED
Average target price
6.787 AED
Spread / Average Target
-3.05%
Consensus

Quarterly revenue - Rate of surprise

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