Commercial Bank of Dubai is the First Bank in the Region to Launch a Robo-Advisory Investment App

  • Date: 30-Apr-2021
  • Source: The Fintech Times
  • Sector:Financial Services
  • Country:UAE
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Commercial Bank of Dubai is the First Bank in the Region to Launch a Robo-Advisory Investment App

Commercial Bank of Dubai announced the launch of  "CBD Investr app“, becoming the first bank in the region to offer a robo-advisory investment solution. Developed in partnership with InvestSuite, a wealthtech company based in Belgium, this innovative investment app is powered by smart algorithms that actively manage investment portfolios to deliver optimal risk-adjusted performance.