CITY BANK PARTNERS WITH TOYOTA BANGLADESH

City Bank PLC and Toyota Bangladesh Limited signed a Memorandum of Understanding (MoU) for strategic partnership at the bank's Head Office. Premmit Singh, Managing Director of Toyota Bangladesh, and Mashrur Arefin, Managing Director & CEO of City Bank, signed the MoU. Under this arrangement, City Bank has extended credit facilities to Toyota Bangladesh Limited to support its operations in Bangladesh. The collaboration also includes corporate cards, collection and cash management solutions, foreign trade services, and employee banking, including payroll services.