Business Desk :
City Bank has received the ‘Syndicated Loan of the Year Bangladesh Award 2019’ from Asian Banking and Finance.
Managing Director and CEO Mashrur Arefin received the award on behalf of the Bank in an event in Singapore recently.
The bank has received this accolade for arranging long term foreign currency debt for Banco Energy Generation Limited, a 53.97 MW HFO based Power Plant of Doreen Group with a project size of USD 51 million.
Asian Banking and Finance is the industry magazine serving Asia’s dynamical financial services industry. Since 2012, Asian Banking and Finance has been recognizing the most outstanding practices and the innovative strategies in Asia’s wholesale banking sector.
