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1. Select two banks(one conventional bank and one Islamic bank in UAE) and do the following:...

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General Management

1. Select two banks(one conventional bank and one Islamic bankin UAE) and do the following: A: Find out as much as possible fromthe bank • History of each bank • Types of the accounts opened bythe bank • Types of customers of the bank • Analysis of thefinancial statements of the bank • Performance analysis of thebank(rations and trends) B: Customer survey about the awareness andperception of Islamic banks.

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Answer Conventional bank Commercial bank of Dubai Islamic bank Abu Dhabi Islamic bank A Commercial bank of Dubai Commercial Bank of Dubai CBD is a UAE banking and financial administration partnership headquartered in Deira Dubai With more than 23 billion in resources Gulf Business recorded CBD as the seventh biggest bank in the UAE in light of absolute resources History It was established in 1969 by an Amiri Decree given by the late Rashid Bin Saeed Al Maktoum What began as a joint endeavor of Commerzbank Chase Manhattan Bank and Commercial Bank of Kuwait advanced into a National Public shareholding organization by 1982 80 of its offers are held by UAE nationals while the other 20 are possessed by Investment Corporation of Dubai a speculation division of the Dubai Government Throughout the decades it has changed into a dynamic and presentday banking organization obliging all client sections including Wholesale Corporate Retail Business SME Private and Affluent through traditional and Sharia agreeable items and administrations Types of accounts by Commercial bank of Dubai Current Account CBD Gold Currency Account Mastercard Debit Card Expat Account Foreign Currency Account Money Transfers Domestic Transfers International Transfers Savings Savings Account Esaver Mustaqbali Savings Scheme Deposits StepUp CBD Elite StepUp Time Deposit Bonus Booster Deposit Premium Saver Deposit Time Deposit Unit Time Deposit Analysis of financial statements of Commercial bank of Dubai Commercial Bank of Dubai detailed a solid arrangement of results for 2019 with a net benefit up by 205 to AED 1400 million and allout resources of AED 881 billion Working pay for 2019 added up to AED 3033 million an expansion of 113 owing to a 28 expansion in Net Interest Income NII and a 312 increment in Other Operating Income OOI Expenses and commission salary expanded by 213 remote trade pay enrolled a 377 expansion venture pay expanded by 1794 and other pay expanded by 533 contrasted with 2018 CBD has a FICO score of Baa1 and Aby Moody and Fitch separately Performance analysis of Commercial bank of Dubai Market    See Answer
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