City Bank wins ADB award

City Bank won a "Leading Partner Bank in Bangladesh" award at the Trade and Supply Chain Finance Program (TSCFP) Awards 2022 of Asian Development Bank (ADB) recently for the highest number of transactions with the regional development bank. 

Hasan Sharif Ahmed, executive vice-president of City Bank, received the award from Steven Beck, head of the ADB's trade and supply chain finance, at Amara Singapore, said a press release. 

In 2019, the bank won the 'Momentum Award' for achieving the highest growth in transactions partnered with ADB. The regional development bank under the TSCFP provides guarantees, knowledge products and trade loans to partner banks supporting international trade and rewarding them for their contribution.

The TSCFP works with over 240 banks in ADB's developing member countries in Asia and the Pacific.