City Bank (Bangladesh)
Bank in Bangladesh / From Wikipedia, the free encyclopedia
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City Bank PLC is a Bangladeshi private commercial bank headquartered in Dhaka.[3] The bank provides products and services in retail banking, corporate finance, SME Banking, women banking, digital banking, asset management, equity brokerage, and security. It has 133 branches.[1] The bank is a licensee to issue Visa and MasterCard Debit and Credit Cards and it is the sole licensee of American Express Cards in Bangladesh.[4]
Native name | সিটি ব্যাংক পিএলসি |
---|---|
Formerly | The City Bank Limited |
Company type | Public Limited Company |
DSE: CITYBANK | |
ISIN | BD0102CTBNK5 |
Industry | Banking, financial services |
Founded | 28 March 1983; 41 years ago (1983-03-28) |
Founder | Monowar Ali, Ibrahim Mia (Late), Abdul Hadi (Late), M.A. Hashem (Late), Anwar Hossain, Abdul Barik Choudhury (Late), Deen Mohammad, A.B.M. Feroz, Md. Ali Hossain, Azizul Haque Chowdhury, N.A. Chowdhury (Late) |
Headquarters | City Bank Center, 28, Gulshan Avenue, Gulshan 1, 1212, , Bangladesh |
Number of locations | 133 (2022)[1] |
Area served | Bangladesh |
Key people | Aziz Al Kaiser (Chairman) Mashrur Arefin (CEO)[2] |
Products | Retail banking, corporate banking, investment banking, mortgage loans, private banking, wealth management, credit cards, finance and insurance |
Revenue | 24.58 billions (2022) |
11.82 billions (2022) | |
45.07 billions (2022) | |
Total assets | 506.84 billions (2022) |
Number of employees | 4,866[1] (2022) |
Website | citybankplc |
The bank is a real-time online bank, having its branches, SME/Agri branches spread across Bangladesh along with a full-fledged Islami Banking branch. The managing director and CEO of the bank is Mashrur Arefin.[5] City Bank has gone international establishing 10 branches and 1 representative office in Malaysia in 2013 and one subsidiary office in Hong Kong in 2019. International Finance Corporation solely has invested BDT 1.31 billion, attaining a 5% share of City Bank.[6]