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Commercial Bank of Dubai is a UAE banking and financial services corporation headquartered in Deira, Dubai. With more than $10 billion in assets, Gulf Business listed CBD as the 35th largest bank in the Persian Gulf region. CBD was founded in 1969, by an Amiri Decree issued by the late Rashid Bin Saeed Al Maktoum. What started out as a joint venture of Commerzbank, Chase Manhattan Bank and Commercial Bank of Kuwait, evolved into a National Public shareholding company by 1982. 80% of its shares are held by UAE nationals, while the other 20% are owned by Investment Corporation of Dubai
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