Corporate

City Bank wins ‘Syndicated Loan of the Year Bangladesh Award 2019’

Staff Correspondent
City Bank managing director and CEO Mashrur Arefin receives the ‘Syndicated Loan of the Year Bangladesh Award 2019’ award from Asian Banking & Finance on behalf of the Bank in an event in Singapore recently. Photo: Collected
City Bank managing director and CEO Mashrur Arefin receives the ‘Syndicated Loan of the Year Bangladesh Award 2019’ award from Asian Banking & Finance on behalf of the Bank in an event in Singapore recently. Photo: Collected

City Bank has received the ‘Syndicated Loan of the Year Bangladesh Award 2019’ from Asian Banking & Finance.

The bank’s managing director and CEO Mashrur Arefin received the award on behalf of the Bank in an event in Singapore recently, said a media release issued by the bank.

City Bank has received this accolade for arranging long term Foreign Currency debt for Banco Energy Generation Limited, a 53.97MW HFO based power plant of Doreen Group with a project size of USD 51 million.

Asian Banking & Finance is the industry magazine serving Asia’s dynamical financial services industry.

Since 2012, Asian Banking & Finance has been recognising the most outstanding practices and the innovative strategies in Asia's wholesale banking sector.

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