Dubai: Commercial Bank of Dubai, a leading bank in the United Arab Emirates, announced that its app ‘CBD Investr’ has been awarded ‘Outstanding Robo Advisory’ at the 2022 Digital CX Awards and ‘Most Effective Investment Service Offering’ in MENA Banking Excellence Awards 2022.
Digital Banker’s Digital CX Awards recognize the world’s leading financial services organizations for pioneering innovation in the digital customer experience. The MENA Banking Excellence Awards celebrate the best banking and financial services institutions and individuals for their innovative offerings and commitment to customer excellence.
The CBD Investr app allows users to automatically build a globally diversified and customized 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 intelligent algorithms that actively create and manage an optimized portfolio based on changing market conditions.
Dr. Bernd van Linder, CEO of Commercial Bank of Dubai, said: “We are honored to be recognized with these prestigious industry awards, which recognize innovation in financial services and our commitment to customer excellence. CBD has has been instrumental in driving digital transformation and investing in state-of-the-art technology to provide clients with an innovative and personalized investment solution that helps them grow their wealth in a simpler, more transparent and affordable way. future, we remain focused on the continued development of innovative banking solutions to help customers achieve their financial aspirations and support 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 Joint Stock Company (PSC). The bank is listed on the Dubai Financial Market and is mainly owned by UAE nationals, including 20% of the Investment Corporation of Dubai (ICD). Over the years, Commercial Bank of Dubai has developed into a progressive and modern banking institution with a strong financial structure and sound management, as well as a loyal and growing customer and correspondent base. Today CBD is one of the leading banks in the UAE and offers its customers a full range of commercial and retail banking products and services.
For additional information, please contact the CBD Media and PR team at PRandMedia@cbd.ae