FinTech Magazine - October 2021 | Page 62

COMMERCIAL BANK OF DUBAI

“ We were also the first bank in the region to offer the robo-advisory investment app which has the ability to invest globally into all relevant global stock markets ”

STEFAN KIMMEL CHIEF OPERATING OFFICER , COMMERCIAL BANK OF DUBAI and other asset classes using low-cost exchange-traded funds ( ETFs ). These portfolios are tailored based on the customer ' s specific goals , risk appetite , and investment time horizon and are actively monitored and optimised based on changing market conditions to deliver the best possible performance over the long term .
“ Customers can start investing in a matter of minutes by simply downloading the CBD Investr app , registering using their Emirates ID and answering a few questions to assess their risk profile and create a personalised portfolio . Customers do not need a CBD bank account to fund their portfolios and can make a local transfer from any bank account in the UAE . The best part is that customers can start investing with just $ 500 and withdraw at any time , without any charges .”
62 October 2021