CBD joins Dubai Fintech Summit as partner

DUBAI: Commercial Bank of Dubai (CBD) has joined the Dubai Fintech Summit (DFS), organised by Dubai International Financial Centre (DIFC), the leading global Financial Centre in the MEASA region, as a Strategic Banking Partner underscoring its dedication to support innovative and future thinking businesses on a global scale.

The partnership agreement was signed in the presence of Arif Amiri, Chief Executive Officer, DIFC Authority and Dr Bernd van Linder, Chief Executive Officer, Commercial Bank of Dubai, by Mohammad Alblooshi, Chief Executive Officer, DIFC Innovation Hub and Ali Imran, Chief Operating Officer of Commercial Bank of Dubai.

Commercial Bank of Dubai was the first bank to establish a Digital Lab at the DIFC Innovation Hub. Over the years, the bank has been playing a pivotal role in the development of a dynamic and technology-driven financial ecosystem, paving the way for a smarter, more connected financial future. Through strategic programs and initiatives such as the Buy Now Pay Later (BNPL) solution by Postpay, CBD has been actively engaged in enhancing the overall payments sector aimed at accelerating the growth of the Fintech industry.

Arif Amiri said, “The Dubai Fintech Summit is creating a powerhouse of partnerships bringing together pioneers, thinkers and disruptors from around the globe who are shaping the future of finance. Our collaboration with Commercial Bank of Dubai is a testament to our shared dedication in cultivating an energetic and forward-thinking Fintech ecosystem.”