Saturday, 4 December, 2021

City Bank wins ADB’s leading partner bank award

  • Staff Correspondent
  • 14 October, 2021 12:00 AM
  • Print news

City Bank has won the Leading Partner Bank Award in Bangladesh for the 2nd consecutive time by Asian Development Bank (ADB).

City Bank first has won this prestigious award in 2020, said a press release.

Over 200 partner bank representatives attended the ceremony where 27 banks were recognised in 21 categories.

City Bank has won the award for being the most active partner bank of ADB in Bangladesh during the 12 month period of 1 July 2020 to 30 June 2021.

In this period, City Bank has collaborated with ADB for coverage of trade transactions of small and large deals for corporate and SME clients.

The award was achieved due to City Bank’s continual efforts to increase its trade financing capacity, operational efficiency, financial health and risk management.

City Bank has been participating with ADB under their TSCFP program as Issuing Bank since 2016.