The City Bank Ltd is going to invest Tk 13.88 crore in a proposed digital bank as a sponsor shareholder
They are Brac Bank, City, Dutch-Bangla, Eastern, NCC, Premier and Mercantile
No bank in Bangladesh has ever made so much profit in a year
The City Bank Ltd made a Tk 88.84 crore profit in the first quarter of the current financial year.
Brac Bank Ltd and The City Bank Ltd have decided to increase the authorised capital.
The City Bank Ltd made a profit of Tk 477.84 crore in the last financial year of 2022, down 13.10 per cent year-on-year.