RAKEZ, CBD sign MoU to offer products and services to RAKEZ clients

  • Date: 15-Dec-2021
  • Source: Emirates News Agency
  • Sector:Financial Services
  • Country:UAE
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RAKEZ, CBD sign MoU to offer products and services to RAKEZ clients

RAS AL KHAIMAH, 15th December, 2021 (WAM) -- Ras Al Khaimah Economic Zone (RAKEZ) has entered into a strategic alliance with Commercial Bank of Dubai (CBD) to provide RAKEZ clients with quick and convenient access to the bank's products and services.

A Memorandum of Understanding (MoU) was signed by Ramy Jallad, Group CEO of RAKEZ, and Dr. Bernd van Linder, Chief Executive Officer of CBD.

Through this partnership, RAKEZ clients will be able to conveniently and quickly open business bank accounts and get access to innovative financing solutions with personalised services through dedicated CBD relationship managers.

"We are glad to have entered yet another valuable partnership – and this time with CBD, one of the most trusted banks in the country," Jallad said. "As always, we centre our efforts in elevating the customer journey for our clients. We aim to make everything quick and easy at every aspect, and adding CBD to our growing list of strategic partners is another leap towards this objective. We will surely be rolling out more initiatives for the benefit of our clients."

Dr. Bernd van Linder said, "Start-ups and SMEs