The 41st annual general meeting (AGM) of City Bank was held on Thursday on a virtual platform.
Vice Chairman Hossain Khaled, Directors Rubel Aziz, Savera H. Mahmood, Hossain Mehmood, Rajibul Huq Chowdhury, Syeda Shaireen Aziz, Rebecca Brosnan, Independent Directors Salim Mahmud MP, Matiul Islam Nowshad, MD & CEO Mashrur Arefin, Company Secretary Md Kafi Khan, along with a large number of shareholders and senior officials of the bank, attended the meeting.
In his welcome speech, Aziz Al Kaiser mentioned that the bank’s profit after tax, on a consolidated basis, reached a record high of Tk638 crore in 2023, marking a 33.5% growth over the 2022 PAT of Tk478 crore.
He highlighted the bank’s CASA mix in its deposits, which has risen from 36% about four years ago to 51% in December 2023.
He also praised the popularity of the CityTouch digital banking app, which Read more...