Commercial Bank of Dubai signs partnership agreement with Meydan Free Zone to provide banking services to its licensees
Commercial Bank of Dubai (CBD), one of the leading banks in the United Arab Emirates, has signed a partnership agreement with Meydan Free Zone to provide banking services to their licensees. The partnership will allow Meydan Free Zone business licensees to take advantage of CBD banking products and services, including exclusive digital business accounts, as well as a wide range of bespoke proprietary banking services.
The agreement was signed between Dr. Bernd van Linder, Managing Director of Commercial Bank of Dubai and Hamed Ahli, Associate Director – Meydan Free Zone, during a ceremony held at the Bank’s Head Office in Deira, Dubai.
Dr. Bernd van Linder, Managing Director of Commercial Bank of Dubaisaid: “As the leading advocate for the SME community in the UAE, CBD is committed to supporting business owners and empowering entrepreneurs to achieve their ambitions. Our partnership with Meydan Free Zone will provide SMEs and start-ups access to CBD’s innovative digital banking services, enabling them to meet their financial and business needs, while supporting the UAE’s goal of building a strong knowledge-based economy.
For their part, Meydan Free Zone said: “Our vision is to further stimulate the economy by attracting more foreign direct investment to the UAE, as well as supporting start-ups and championing entrepreneurship at the level We are proud to play a key role in enhancing Dubai’s position as a hub of commerce by attracting business owners who are committed to business growth and success.”
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Dubai Commercial Bank PSC published this content on July 05, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on Jul 05, 2022 10:22:09 AM UTC.