Citizens Bank PLC

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Citizens Bank
TypePrivate Commercial Bank
IndustryFinancial services
Banking
Founded15 December 2020
HeadquartersChini Shilpa Bhaban-2, 76 Motijheel C/A, Dhaka 1000.
Key people
Towfika Aftab (Chairman)[1] Mohammad Masoom (Managing Director & CEO)
Websitewww.citizensbankbd.com

Citizens Bank PLC (Bengali: সিটিজেনস ব্যাংক পিএলসি) is one of the fifth generation banks, scheduled 61st Private Commercial Bank in Bangladesh. [2]

History[]

Bangladesh Bank (Central Bank of Bangladesh) accorded final approval to Citizens Bank PLC as a Commercial Scheduled Bank in the private sector on 15 December, 2020.[3] Earlier, the bank had applied for an extension at several board meetings of Bangladesh Bank as it could not meet other required conditions including paid-up capital of BDT. 500 crore.[4] Citizens Bank has been given final approval at the 410th Board Meeting of Bangladesh Bank in 2020 after fulfilling the necessary conditions. After that, a letter was officially sent from the central bank to the Citizens Bank authorities to start banking activities in the country.[5]

See also[]

References[]

  1. ^ সিটিজেনস ব্যাংকের চেয়ারম্যান হলেন তৌফিকা আফতাব
  2. ^ দৈনিক ইত্তেফাক
  3. ^ তফসিলি ব্যাংকের তালিকায় এখন ‘সিটিজেনস ব্যাংক’
  4. ^ তফসিলি ব্যাংকের তালিকায় এখন ‘সিটিজেনস ব্যাংক’
  5. ^ Citizens Bank gets the final nod from Bangladesh Bank
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