City Bank wins Euromoney ‘Best Bank in Bangladesh’ award for the second straight year

City Bank wins Euromoney ‘Best Bank in Bangladesh’ award for the second straight year

August 1, 2015

City Bank has recently been named the ‘Best Bank in Bangladesh’ for the year 2015 at Euromoney’s Awards for Excellence for the second time.  Euromoney’s prestigious Asia Awards are seen as the benchmark for the leading firms in financial services in the region, and are fiercely contested across numerous markets and categories.

The award was announced at an Award Ceremony in Hong Kong recently, which was attended by leading figures from banking and capital markets across Asia. City Bank’s DMD & COO Mashrur Arefin along with Head of Brand Nazmul Karim received the award on behalf of the Bank.

In presenting the ‘Best Bank in Bangladesh’ award to City Bank, Euromoney in its citation said, “City Bank wins the award for the second straight year and again is the standout performer in its field. Profits after tax, return on assets, return on equity were all outstanding performances whilst the bank’s market capitalization jumped 30% in the 12 months to December 2014 thanks to its healthy mix of clients and services – including a 27% share of the charge card issuing market”.  

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