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RAKEZ and CBD to support businesses with a host of banking solutions

by Anthony Fonseca
April 20, 2023
in Free Zones

RAKEZ clients to be provided with quick access to the bank’s products and services

Ramy Jallad (r), and Dr. Bernd van Linder, during the MoU signing ceremony

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 recently signed by Ramy Jallad, Group CEO, RAKEZ, and Dr. Bernd van Linder, CEO, 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 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,” remarked Jallad. “We are proud to partner with RAKEZ and to back the ambitions of RAKEZ’s clients, by providing these businesses with the financial support they need to accelerate their growth,” commented van Linder.

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