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City Bank became the third bank in Bangladesh to offer UnionPay debit cards in August 2020. [19] In July 2021, CDC Group provided a US$30 million loan to City Bank. [20] Since the new offshore banking law was passed in March 2024, City Bank has managed to build offshore deposits of nearly US$21 million within two months.
In April 2024, the central bank of Bangladesh issued banking merger policy for merger of weak banks with strong banks – both voluntary and mandatory. [2] Following merger process are ongoing: [ 3 ] Padma Bank Limited merged with EXIM Bank PLC
In 2018, the company formed a new bank as a result of a reorganization due to Brexit. [4] In September 2023, CEO Kristine Braden resigned after less than a year on the job. [5] The division also announced layoffs. [6] Nacho Gutierrez-Orrantia was then named head of Citibank Europe. [7]
The Premier Bank PLC. is a private commercial bank with its registered office in Banani, Dhaka, Bangladesh. [3] [4] H. B. M. Iqbal is the Chairman [5] and Shafiqur Rahman is one of the founders and director of this Bank. [6] Mohammad Abu Jafar, is the current managing director & CEO. [7] Agrabad Corporate Branch, Chittagong.
Community Bank Bangladesh PLC. is one of the newly approved Scheduled Banks of Bangladesh. [1] This bank is fully owned by Bangladesh Police Welfare Trust. [2] Masihul Huq Chowdhury is the CEO and Managing Director of the Bank. [3] The board meetings of the bank is held at the headquarters of Bangladesh Police. [4]
In February 2017, Eastern Bank PLC. announced compensations for clients whose card information was stolen from the bank's ATM after Bangladesh Bank ordered it compensate the clients. [10] City Bank and United Commercial Bank were also targeted in the hacks. [11] A security guard at an ATM of Eastern Bank PLC. in Dhaka Cantonment was killed on ...
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Citibank Berhad is a licensed commercial bank [1] operating in Malaysia with its headquarters in Jalan Ampang, Kuala Lumpur. [2] [7] Citibank Berhad operates as a subsidiary of Citigroup Holding (Singapore) Private Limited, commencing its banking operations in Malaysia since 1959. [8] Citibank Berhad was locally incorporated in 1994.