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Sunday, November 22 - 2009

CBI launches new branch in Fujairah

  • United Arab Emirates: Monday, December 01 - 2008 at 16:33
  • PRESS RELEASE

After the recent announcement of its Q3 results, Commercial Bank International (CBI) officially launched its Fujairah Branch making it's distribution network total to 12 branches and 66 ATMs.

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The Fujairah branch was formally inaugurated this morning (1st December) by the Crown Prince of Fujairah HH Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi and H.E. Hamad Bin Abdalla Al Mutawa, CBI Chairman.

"We are pleased to announce the official opening of our branch in the emirate of Fujairah. Over the past two years CBI has consistently and strategically designed its distribution objectives to ensure that our customers have access to the very best of services across the UAE."

said the Chairman.

The Crown Prince HH Al Sharqi showed his support at the launch by opening a Mabrook Savings Account at the Fujairah branch.

Special Offer: As part of the official launch, CBI will extend a special offer exclusive to its Fujairah customers.

Customers who open a new Mabrook account or increase their deposits into their existing accounts will be eligible to enter a specially designed draw to win Dhs10,000.

The offer will be valid from 1 - 31 December 2008, with the draw scheduled for January 2009 in Fujairah.

Customers are encouraged to visit the CBI branch in Fujairah and kiosks in Dana Mall and KM Trading Mall in Fujairah in December to avail more information about the special offer.

The Fujairah branch will be fully equipped with state of the art retail banking system that will seamlessly integrate the banks products and services.

The advanced banking solution will offer customer-centric banking services and operations that is a trademark of CBI's relationship banking philosophy.

Customers will enjoy a variety of savings products and loans that will cater for different needs in addition to a 24 hour ATM & Call Centre.

"Having established a strong base in Dubai and Abu Dhabi, it was only a matter of time before we expanded our reach to the rest of the emirates. Our network expansion is strategic and our growth is based on the potential of a region. We are extremely proud to have launched our branch in Fujairah and look forward to announcing more initiatives that will help serve our customers better," Oppedijk said.

The expansion is part of CBI's efforts to provide a wider network of branches across the country in order to build stronger ties with the local and expatriate communities residing across the emirates.
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About Commercial Bank International (CBI)
Commercial Bank International (CBI) started operations in May 1991 and its portfolio includes Corporate Banking, Retail Banking, Treasury and Trade Finance Services. CBI has a paid up capital of Dhs1,252m and it announced a profit of Dhs171m as of 30th September 2008.

CBI presently has 12 branches and over 66 ATMs in Ras Al Khaimah, Abu Dhabi, Al Ain, Fujairah, Dubai and Sharjah with strategic plans to grow its network further. CBI employs over 550 staff, of which 28% are UAE Nationals. CBI is one of the few banks in the nation to have an active emiratisation programme which is continuously nurtured and implemented by the bank across the country.

For more information, please contact:

Megha Abraham
Account Manager
INTERONE
RESONANCE
Middle East LLC
Al Habroosh Building,
205B & 206B, Mina Road
P.O.Box 112255, Dubai, UAE
T +971 4 345 8005
F +971 4 345 7005

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