Tag: City Bank

CDC Group announces $30m trade finance loan to City Bank

- Times Report -

CDC Group, the UK’s development finance institution and impact investor, has announced the close of a $30 million trade finance loan to City Bank. The loan facility will provide systemic liquidity that will support continued import and export activities and help bolster the country’s economic growth.  CDC’s investment will enable City Bank

Zabid Iqbal becomes new DMD of City bank

- Times Report -

City Bank’s credit risk officer (CRO) Zabid Iqbal has been promoted as deputy managing director recently, a press release said on Tuesday. Prior to joining City bank, Zabid Iqbal was the deputy CEO of Kathmandu-based Nepal Bangladesh Bank, a joint venture between IFIC bank Bangladesh and Nepalese investors. The release said, he

City Bank re-elects Chairman and Vice Chairman

- Times Report -

The Board of Directors of City Bank elected its Director Aziz Al Kaiser as the Chairman and Hossain Khaled as the Vice Chairman of the Bank, said a press release. Aziz Al Kaiser is a Sponsor Director of City Bank. He became bank’s Chairman in 2007 for the first time and

City Bank wins ‘Best Bank in Bangladesh 2021’ award

- Times Report -

City Bank has been named as ‘Best bank in Bangladesh 2021’ by the renowned international publication – Finance Asia, said a press release. The Hong Kong-based journal awarded City Bank for the seventh time starting in 2012 in recognition of its consistent good performance and innovations in banking services. The award reflects