bank etc. But when we use the term bank it generally means ‘commercial bank’ that collects the deposit
from surplus unit of the society and then lends the deposits to the deficit units of the society.
The City Bank Limited, with institutional shareholdings by way of international Finance organization
(IFC) and Shore cap international, has been the fastest growing bank in 2005 and 2006. at the 12 months
quit of 2006, The city bank ltd. had recorded a 103 percent growth in assets, and a 65-percentage increase
in liabilities, with an working income of eighty four percentage over the previous 12 months 2005.
A completely operational industrial bank, The city bank ltd. specializes in pursuing unexplored
marketplace niches within the Small and Medium corporation enterprise, which hitherto has remained in
large part untapped within the country. in the closing 4 year of operation, the bank has dispensed over
BDT 1200 crore in loans to almost 32,000 small and medium entrepreneurs. The management of the Bank
believes that this sector of the economy can contribute the most to the rapid generation of employment in
Bangladesh. the most established private Commercial Banks working in Bangladesh. it’s miles a best bank
some of the maximum installed five industrial Banks inside the kingdom which began their operations in
1983. The bank now has add up to one hundred twenty branches which incorporates ninety nine on line
branches, 1 simple Islamic Banking department, 1 SME gain recognition and eleven SME/Agri branches
spread over the period and expansiveness of the country. apart from these traditional conveyance focuses;
the bank is likewise extremely dynamic inside the choice conveyance quarter. It presently has 311 ATMs
of its own; and ATM providing course of action to associate banks that has more than 1150 ATMs set up;
SMS Banking; internet Banking et cetera. It as of now began its patron name middle operation. The city
bank is the fundamental financial institution in Bangladesh to have issued twin currency credit Card. The
bank is a vital man or woman from VISA international and it issues both nearby forex (Taka) and overseas
foreign money (US dollar) card confines in a solitary plastic.
VISA Debit Card is another accepted object which the financial institution is pushing tough maintaining in
mind the stop goal to returned out the strains on the branch made with the aid of its surprising base of
about 400,000 retail customers. The dispatch of VISA prepaid Card for the travel vicinity is as of now in
progress.
Vision
The Financial Supermarket with a Winning Culture Offering Enjoyable Experiences.
Mission
•Offer wide array of products and services that differentiate and excite all customer segments.