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City Bank wins ADB's award for 5th time

FE DESK | Friday, 6 October 2023



City Bank has been named the 'Leading Partner Bank in Bangladesh' at the 'Trade and Supply Chain Finance Program (TSCFP) Awards 2023' organised by the Asian Development Bank (ADB).
The award came in recognition of City Bank being the most active partner bank measured by the number of trade finance transactions recorded in Bangladesh in collaboration with ADB in the last fiscal year.
With this year's award, the bank has been honoured with the 'Leading Partner Bank' accolade for consecutively 4th year. Prior to that, in 2019, the bank won the 'Momentum Award' for the highest growth in transactions partnered with ADB, said a statement.
ADB TSCFP's 9th award ceremony was held in Singapore recently with a presence of 200 representatives of different banks and financial institutions where Hasan Sharif Ahmed, executive vice president and head of financial institutions of City Bank, received the award from Steven Beck, head of Trade and Supply Chain Finance, Asian Development Bank.