city bank

City Bank’s Tk 85cr investment in Sea Pearl raises eyebrows

City Bank PLC is investigating how and why it spent about Tk 86 crore, or roughly one-third of its total market exposure, on purchasing shares of Sea Pearl Beach Resort and Spa Ltd in 2023, according to bank officials.

Purchasing 4G, 5G smartphones made easier thru bKash

bKash, the leading mobile financial service (MFS) provider in Bangladesh, has joined hands with Grameenphone and City Bank to make 4G and 5G enabled smartphones more affordable for their clients.

City Bank’s profit grows marginally in Q1 

City Bank registered a 2.7 percent year-on-year growth in profit to Tk 92.44 crore in January-March of 2024

BASIC Bank officials ‘terrified’ by impending merger

As a state-run bank, BASIC Bank's officers and employees enjoy and job security alongside various employee benefits -- including salaries, provident fund facilities, gratuity, retirement allowance -- which may differ from those offered at City Bank.

City Bank eyes takeover of BASIC Bank

State-owned and trouble-ridden BASIC Bank is expected to merge with City Bank — a development that comes less than a week after the government decided in principle to merge four state banks

bKash now offers payments on credit through City Bank

Subject to eligibility, customers can instantly borrow Tk 500 to Tk 30,000 to directly buy a product or service. No interest will be imposed if the loan is repaid within seven days.

City Bank and bKash launch ‘Pay-Later’ service

City Bank and bKash today jointly launched the new service “Pay-Later”, a special collateral-free digital nano loan that facilitates payments with interest-free funds through the bKash app

Dhaka Makers 2: A four-day extravaganza celebrating local art and creativity

The second edition of Dhaka Makers, an independent arts and crafts festival that kicked off on February 1, 2024, at the Aloki Convention Center. Established as a vibrant platform for local, contemporary artists, the festival aims to showcase their work and foster connections within the creative community.

City Bank gets $45 million Murabaha trade finance from ITFC

It is ITFC's highest trade finance extended to a commercial bank

September 15, 2024
September 15, 2024

City Bank’s Tk 85cr investment in Sea Pearl raises eyebrows

City Bank PLC is investigating how and why it spent about Tk 86 crore, or roughly one-third of its total market exposure, on purchasing shares of Sea Pearl Beach Resort and Spa Ltd in 2023, according to bank officials.

September 10, 2024
September 10, 2024

Purchasing 4G, 5G smartphones made easier thru bKash

bKash, the leading mobile financial service (MFS) provider in Bangladesh, has joined hands with Grameenphone and City Bank to make 4G and 5G enabled smartphones more affordable for their clients.

May 15, 2024
May 15, 2024

City Bank’s profit grows marginally in Q1 

City Bank registered a 2.7 percent year-on-year growth in profit to Tk 92.44 crore in January-March of 2024

April 17, 2024
April 17, 2024

BASIC Bank officials ‘terrified’ by impending merger

As a state-run bank, BASIC Bank's officers and employees enjoy and job security alongside various employee benefits -- including salaries, provident fund facilities, gratuity, retirement allowance -- which may differ from those offered at City Bank.

April 8, 2024
April 8, 2024

City Bank eyes takeover of BASIC Bank

State-owned and trouble-ridden BASIC Bank is expected to merge with City Bank — a development that comes less than a week after the government decided in principle to merge four state banks

April 2, 2024
April 2, 2024

bKash now offers payments on credit through City Bank

Subject to eligibility, customers can instantly borrow Tk 500 to Tk 30,000 to directly buy a product or service. No interest will be imposed if the loan is repaid within seven days.

April 1, 2024
April 1, 2024

City Bank and bKash launch ‘Pay-Later’ service

City Bank and bKash today jointly launched the new service “Pay-Later”, a special collateral-free digital nano loan that facilitates payments with interest-free funds through the bKash app

February 1, 2024
February 1, 2024

Dhaka Makers 2: A four-day extravaganza celebrating local art and creativity

The second edition of Dhaka Makers, an independent arts and crafts festival that kicked off on February 1, 2024, at the Aloki Convention Center. Established as a vibrant platform for local, contemporary artists, the festival aims to showcase their work and foster connections within the creative community.

January 6, 2024
January 6, 2024

City Bank gets $45 million Murabaha trade finance from ITFC

It is ITFC's highest trade finance extended to a commercial bank

October 28, 2023
October 28, 2023

City Bank records 14% rise in profit

The bank posts Tk 378 crore profit in Jan-Sep of 2023