Business Desk :
City bank organized its earnings disclosure web cast event based on 3rd Quarter 2020 financial performances. The event was held on Monday over digital platform. Existing and potential investors across the globe, researchers and analysts and many other individuals involved in capital market activities joined the event through web platforms, said a press release.
Consolidated Earnings Per Share (EPS) of the bank was recorded at Tk 3.04 for the period from January to September 2020 against that of Tk. 2.58 during the same period last year. The bank also reported Tk 3,086 million consolidated after tax profit during the three quarters of the year 2020, which was Tk 2,622 million during the same period of previous year.
The event started with the presentation on the recent financial performance of the bank by Md. Mahbubur Rahman, Deputy Managing Director and Chief Financial Officer of the bank, followed by a speech from Mashrur Arefin, Managing Director and CEO of the bank, briefly discussing current strategic positioning of the bank. After that, the event was opened for a lively Q&A session, where participants shared their concerns and queries with the management of the bank. The bank attracted much attention from investment communities across the globe in recent years through its noticeable presence & growth in the private commercial banking industry in Bangladesh. And this event is one of those continuous efforts by the bank to scale up investor relation initiatives to cater to the need of this community.
