Commercial Bank International PSC (CBI)

Abu Dhabi – Mubasher: Commercial Bank International (CBI) generated net profits amounting to AED 170.64 million in 2023, an annual rise of 14% from AED 150.47 million. Total assets reached AED 18.97 billion as of 31 December 2023, down …

Abu Dhabi – Mubasher: Ras Al Khaimah Economic Zone (RAKEZ) has teamed up with Commercial Bank International (CBI) to enhance the business banking experience for RAKEZ clients. The collaboration aims to bolster financial inclusion by streamlining …

UAE – Mubasher: Abu Dhabi Global Market (ADGM) has introduced Numou, a digital platform created to bridge the funding gap faced by small and midsize enterprises (SMEs). This digital platform marks a pivotal step in anchoring the SME ecosystem …

Abu Dhabi – Mubasher: The net profits of Commercial Bank International (CBI) enlarged by 38% to AED 62 million in the third quarter (Q3) of 2023 from AED 45 million in Q2-23. The UAE lender recorded a 65% leap in operating profit to AED 73 million …

Abu Dhabi – Mubasher: Commercial Bank International (CBI) recorded a 44% year-on-year (YoY) surge in net profit to AED 78.88 million during the first half (H1) of 2023 from AED 55.04 million. The basic and diluted earnings per share (EPS) went up …

Abu Dhabi – Mubasher: The board of Commercial Bank International (CBI) agreed to increase its share capital by an amount of up to AED 889.10 million through a rights issue. The capital hike is still subject to the approvals of the Central Bank of …

Abu Dhabi – Mubasher: The net profits attributable to the owners of Commercial Bank International (CBI) jumped to AED 32.82 million in the first quarter (Q1) of 2023, compared to AED 21.23 million in Q1-22. The lender posted a net operating …

Abu Dhabi – Mubasher: The shareholders of Commercial Bank International (CBI) greenlighted cash dividends worth AED 730.11 million for 2022, according to a bourse filing. During the annual general meeting (AGM) that was held on 1 March 2023, the …

Abu Dhabi – Mubasher: The board of Commercial Bank International (CBI) has elected Saif Ali Al Shehhi as the bank’s Chairman. Meanwhile, Ali Rashid Al Mohannadi was announced as the Vice Chairman of the board, according to a bourse filing. The …

Abu Dhabi – Mubasher: Commercial Bank International (CBI) registered net profits attributable to the equityholders worth AED 117.23 million in 2022, lower than AED 121.77 million a year earlier. The net operating income plunged to AED 602.80 …

Abu Dhabi – Mubasher: Commercial Bank International (CBI) shifted to net profits attributable to the shareholders worth AED 67.20 million in the first nine months (9M) of 2022, versus losses of AED 42.97 million in 9M-21. In January-September …

Abu Dhabi – Mubasher: Commercial Bank International (CBI) has logged net profits attributable to the owners worth AED 56.28 million in the first half (H1) of 2022, against net losses of AED 68.23 million in H1-21. Basic and diluted earnings per …

Abu Dhabi – Mubasher: Commercial Bank International (CBI) reported unaudited net profits attributable to the owners of AED 21.23 million in the first quarter (Q1) of 2022, versus net losses of AED 96.14 million in Q1-21, according to the …

Abu Dhabi – Mubasher: Commercial Bank International (CBI) posted a hike in the net profits attributable to the owners to AED 121.78 million in 2021, compared to AED 27.34 million in the earlier year, according to the bank's consolidated financials …

Abu Dhabi – Mubasher: The net profits attributable to the owners of Commercial Bank International (CBI) decreased to AED 42.974 million during the first nine months of 2021 from AED 50.633 million in the year-ago period, according to the bank's …

Abu Dhabi – Mubasher: Capital Intelligence Ratings (CI) has affirmed the long- and short-term foreign currency ratings of the Commercial Bank International (CBI) at ‘BBB+’ and ‘A2’, respectively. CI also affirmed the lender’s bank standalone …

Abu Dhabi – Mubasher: Commercial Bank International (CBI) has achieved net profits attributable to the owners of AED 68.232 million during the first half (H1) of 2021, against AED 15.793 million in the year-ago period, according to the …

Abu Dhabi - Mubasher: Fitch Ratings has affirmed the Long-Term Issuer Default Rating (IDR) of Commercial Bank International (CBI) at 'BBB+', with a stable outlook. The global rating agency also downgraded the bank's Viability Rating (VR) to 'b' …

Abu Dhabi - Mubasher: The board of Commercial Bank International (CBI) has recommended to increase the bank's capital to AED 2.167 billion by issuing 430 million new shares at a price of AED 1 per share. This proposal is in line with the …

Abu Dhabi – Mubasher: The net profits attributable to the owners of Commercial Bank International (CBI) plunged to AED 27.336 million in 2020, compared to AED 116.734 million in 2019. The bank's net interest income declined to AED 417.602 million …

Abu Dhabi – Mubasher: The interim financial results of Commercial Bank International (CBI) registered a decline in net profits attributable to the owners of the bank to AED 50.63 million during the first nine months of 2020 from AED 77.91 million …

UAE - Mubasher: Capital Intelligence (CI), the international credit rating agency, has affirmed the ratings of five Emirati banks, with a stable outlook. The banks comprise Abu Dhabi Commercial Bank (ADCB), the Commercial Bank …

Abu Dhabi – Mubasher: Commercial Bank International (CBI) has appointed Ali Sultan Rakkad Al Amri as new CEO, according to the bank's disclosure to the Abu Dhabi Securities Exchange (ADX) on Tuesday. Al Amri has a 20-year experience in financial …

Abu Dhabi – Mubasher: The net profits of Commercial Bank International (CBI) plunged by 66% to AED 16 million during the first half (H1) of 2020, compared to AED 46 million in H1-19, according to the bank's financial results for H1-20. The bank's …

Abu Dhabi – Mubasher: Commercial Bank International (CBI) has negated any financial exposure to Phoenix Commodities Pvt or its related parties, according to the bank's disclosure to the Abu Dhabi Securities Exchange (ADX) on Monday. Founded 20 …