MetLife, City Bank sign deal on agent banking

MetLife Bangladesh has recently signed an agreement with City Bank PLC. Through this partnership, MetLife policyholders can now conveniently pay their premiums at City Bank’s 495 nationwide agent banking points, significantly increasing access and convenience for customers. This new initiative strengthens MetLife’s existing premium payment channels, which already include online

City Bank launches global usage facility

City Bank recently launched the global usage facility for its Mastercard Debit Card. The new feature allows Mastercard debit Cardholders of City Bank to make international transactions seamlessly. From now on City Bank customers will be able to make international POS, ATM & E-commerce transactions easily from their Mastercard debit

BASIC Bank to merge with City Bank

In a significant development within Bangladesh's banking sector, BASIC Bank is set to merge with City Bank, following a decision made during a Monday meeting between Bangladesh Bank Governor Abdur Rouf Talukder and top officials from City Bank. The meeting saw the presence of Aziz Al Kaiser, Chairman of City Bank,

bKash partners with City Bank

City Bank and bKash have jointly launched ‘Pay-Later’ – a special collateral-free digital nano loan service that facilitates payments with interest-free loans through bKash app. Now customers can buy any products or services and pay directly with this special loan, even if they don’t have sufficient balance in their accounts.

NSU and City Bank collaborate to empower students

North South University's (NSU) Career and Placement Center (CPC), in partnership with City Bank, organized an informative event for students on May 29, Monday, a press release said on Tuesday. Held at the university's syndicate hall, the focus group discussion was aimed at providing a platform for students to explore

Genex Infosys inks deal with City Bank

Genex Infosys signed an agreement with City Bank to provide managed contact center services in an outsourced model.  Under this agreement, part of the City Bank’s customer service operation will be outsourced to Genex, a smart innovator in customer experience management. Through this partnership, the bank aims to excel in

City Bank & bKash jointly launch first Digital Nano Loan

City Bank has launched a collateral-free, instant ‘Digital Nano Loan’ for bKash users, following the successful completion of a year-long pilot project. EntitledbKash users can now apply for a loan from BDT 500 to BDT 20,000 through bKash app, get the loan instantly and repay the credit in three equal monthly

City Bank signs Derivative Product agreement with Bangla Trac

City Bank has signed Interest Rate Swap (IRS) deal of USD 21.43 million with Bangla Trac Power Unit-1 Ltd for the first time recently at City Bank Head Office. An interest rate swap (IRS) is an OTC derivative contract in which two parties periodically exchange interest payments of different types (Fixed