City Bank wins top BB award in sustainability rating

Star Business Desk

City Bank has been honoured as a top bank in the "Sustainability Rating" by the Bangladesh Bank for 2022.

With this latest award, City Bank is the winner of the award for three years in a row.

Mashrur Arefin, managing director and CEO of the bank, received the award from Abdur Rouf Talukder, governor of the central bank, at the latter's headquarters in Motijheel, Dhaka on Tuesday, said a press release.

This rating by the BB reflects the bank's good performances in five indicators -- sustainable finance, green refinance, corporate social responsibilities, core banking sustainability and financial inclusion.

Nurun Nahar, deputy governor of the BB, Md Khurshid Alam, executive governor, and Chowdhury Liakat Ali, director of the sustainable finance department, were present at the award ceremony.