City Bank approved a 15 per cent cash and 15 per cent stock dividend at its 43rd Annual General Meeting held virtually on 7 June 2026, the bank said in a press release. Chairman Hossain Khaled presided over the meeting, attended by Vice Chairman Rubel Aziz, Directors Aziz Al Kaiser, Rajibul Huq Chowdhury, Syeda Shaireen Aziz, Rebecca Brosnan, Syed Raihan Hasan Ali, Independent Directors Matiul Islam Nowshad, Nazimuddin Chowdhury, Managing Director & CEO Mashrur Arefin, Company Secretary Md Kafi Khan, and a large number of shareholders and senior officials.
In his welcome address, Hossain Khaled said City Bank’s consolidated profit after tax reached a record Tk1,324 crore in 2025, a 31 per cent increase over 2024. He highlighted deposit growth of 23 per cent to Tk63,170 crore and said, “Despite global and domestic uncertainties, City Bank remained resilient through disciplined governance, strong risk management and a long-term strategic focus. We continued to strengthen our balance sheet, accelerate digital transformation and support businesses and communities across Bangladesh. Our commitment remains steadfast — to deliver sustainable growth, uphold customer trust and contribute meaningfully to the country’s economic progress.”
Shareholders raised questions and provided suggestions on the bank’s performance. Mashrur Arefin addressed queries on current and future prospects, noting that the record 2025 performance was driven by disciplined growth, strong customer trust and continued business momentum. He emphasized the bank’s focus on digital transformation, strengthening customer engagement, and delivering sustainable value through responsible banking practices, adding that improved macroeconomic conditions and renewed business confidence position City Bank well for sustained growth.
The dividend declaration followed a recommendation from the Board of Directors and was approved by shareholders, reflecting confidence in the bank’s financial strength and strategic direction.
