The New Nation - Internet Edition

BSS, Dhaka

Citi Bank N.A. will provide Off-shore Banking Services in Chittagong Export Processing Zone to facilitate the investors.

An agreement to this effect was signed between the Bangladesh Export Processing Zones Authority and Citi Bank N.A. on BEPZA Complex, Dhaka on Thursday, a press release said.

General Manager (Investment Promotion) AZM Azizur Rahman of BEPZA and Khawja Muhammad Masum Billah, Senior Vice President and Senior Country Operations Officer of Citi Bank N.A. signed the lease agreement on behalf of their respective organisations.

Under the agreement, a Citi Bank N.A. branch will be operated in side the zone area from which investors will get off- shore banking facilities including all other financial and commercial services in a easier and faster manner, the press release added.

BEPZA Executive Chairman Brig. General Ashraf Abdullah Yussuf, Member (Engineering) Md. Farhad Uddin, Citi Bank N.A. Managing Director Mamun Rashid, Country Officer of Citi Bank N.A. Abrar A Anwar and concerned high officials were present on the occasion.