Commercial Bank International plans to raise funds for expansion | The National

Commercial Bank International plans to raise funds for expansion | The National:



"Commercial Bank International (CBI) plans to raise capital within the next 12 to 18 months for an expansion plan to boost lending to individual customers and extend its reach in trade and Islamic finance.

The Dubai-based lender, of which Qatar National Bank owns 40 per cent, is seeking to make its presence felt in the market more keenly, according to Mark Robinson, CBI’s chief executive and a former senior executive of ANZ Bank.

Sine joining CBI last October, Mr Robinson has made about 20 senior appointments."



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