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Internet Edition. December 9, 2007, Updated: Bangladesh Time 12:00 AM |
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City Bank launches three new deposit products The City Bank Limited has recently launched three new attractive deposit products for its customers. At a press conference held at a local hotel, bank's managing Director & CEO Kazi Mahmood Sattar launched the products saying that "these would add great value to our retail customers". Among these products, "City Onayash" is a special savings account that calculates interest on daily balance and pays out interest monthly; "City Projonmo" is a monthly savings scheme for children which is backed by a full insurance cover. In the event of death of guardian, the child can even get up to Tk. 59 lacs under this scheme; and "City Ichchapuron" is a unique fixed deposit account that pays out interest every month, hence offers the solution to bear monthly family maintenance expenses comfortably. In the launch ceremony, bank's Head of Retail Banking Mashrur Arefin explained the features of the products while DMD (Operations) Raihan UI Ameen also spoke on Retail Bank's vision and goals. Also present were the divisional heads, the Dhaka area branch Managers, officials from media partner Dhansiri Media Production House and the representatives of all print and electronic media.
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