Commercial Bank of Dubai 6.0% PERPCommercial Bank of Dubai 6.0% PERPCommercial Bank of Dubai 6.0% PERP

Commercial Bank of Dubai 6.0% PERP

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Key terms


Outstanding amount
‪600.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
6.00% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
Maturity date
Term to maturity

About Commercial Bank of Dubai 6.0% PERP


Sector
Finance
Industry
Major Banks
Home page
Issue date
Oct 21, 2020
ISIN
XS2243350753
FIGI
BBG00XV5S6H9
Commercial Bank of Dubai engages in the provision of commercial banking services. It operates through the following segments: Institutional Banking, Corporate Banking, Personal Banking, Trading and Other. The Institutional Banking segment includes loan and other credit facilities, deposits, trade finance products, and e-commerce solutions to institutional clients. The Corporate Banking segment offers loans, working capital financing, trade finance, and deposits products to corporate clients. The Personal Banking segment consists of current accounts, easy access saving accounts, fixed rate deposit accounts, personal loans, overdraft facilities, vehicle finance, mortgage products, loans, and other credit facilities to small business and retail clients. The Trading and Other segment undertakes balance sheet management deals and manages the group’s proprietary investment portfolio. The company was founded on July 3, 1969 and is headquartered in Dubai, United Arab Emirates.
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