Retail and business services Since the past year , Kimmel said most of the new retail products are available online , instantly , and with a few clicks . “ For example , a customer can apply for personal loans on the mobile app and it will be fulfilled and in the account within minutes . Likewise , our credit card fulfilment process is fully online . So that ' s a fully digitised online service end-to-end . We are now looking at digitising mortgages and making those fully available online that will come in the next two or three months .
“ On the business side , small businesses can already open their accounts fully online with us , and shortly we will have digital loans available for SME clients . That goes all the way up to more sophisticated services such as trade finance . We ' ve just launched our trade finance portal , where companies can apply for letters of credit and guarantees
STEFAN KIMMEL
TITLE : CHIEF OPERATING OFFICER INDUSTRY : BANKING LOCATION : UNITED ARAB EMIRATES
Stefan has 20 years of experience in digital transformation , technology management and innovation with a range of globally leading organisations including BCG , Oliver Wyman and IBM . Prior to joining CBD , he was the Leader Digital Technology , Financial Services at PwC for the Middle East . Kimmel holds a Master ’ s in Business Management from the University of Nuremberg as well as a Master ’ s in Business Administration from the University of Georgia in the US .
1969 The year Commercial Bank of Dubai was founded
160 ATMs and CDMs
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