city bank

City Bank restructures salary to support employees amid inflation

Salaries will be increased a minimum of 10 percent and a maximum of 50 percent

City Bank’s Q3 profit surges 41%

Robust investment gains and rising commissions led to a jump in profit

City Bank Director Rubel Aziz to sell 34 lakh shares 

It is 11% of his total 3.08 crore shares in the 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.

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

August 15, 2023
August 15, 2023

Digital nano loans gaining popularity fast

Around 1.6 lakh customers have so far taken the loan

August 8, 2023
August 8, 2023

City Bank to invest Tk 13.88cr in proposed digital bank

The City Bank Ltd is going to invest Tk 13.88 crore in a proposed digital bank as a sponsor shareholder

May 31, 2023
May 31, 2023

Moody's cuts ratings for six local banks

They are Brac Bank, City, Dutch-Bangla, Eastern, NCC, Premier and Mercantile

May 29, 2023
May 29, 2023

StanChart breaks record with Tk 1,655 crore profits

No bank in Bangladesh has ever made so much profit in a year

May 10, 2023
May 10, 2023

City Bank makes Tk 88.84 crore profit in January-March quarter

The City Bank Ltd made a Tk 88.84 crore profit in the first quarter of the current financial year.

April 13, 2023
April 13, 2023

Brac Bank, City Bank to increase authorised capital

​​​​​​​Brac Bank Ltd and The City Bank Ltd have decided to increase the authorised capital.

April 12, 2023
April 12, 2023

City Bank posts Tk 477.84 crore profit in 2022

The City Bank Ltd made a profit of Tk 477.84 crore in the last financial year of 2022, down 13.10 per cent year-on-year.