City Bank’s half-year profit soars 33pc

Business
City Bank’s half-year profit soars 33pc
The City Bank’s consolidated profit rose around 33 percent year-on-year to Tk 184.56 crore in the first half of 2019.

The bank disclosed its half-yearly financial reports at InterContinental Dhaka recently.

The report shows the consolidated earnings per share (EPS) to be Tk 1.91 whereas it was Tk 1.44 in the same period last year.

Mashrur Arefin, managing director and CEO of City Bank, spoke briefly about their current strategic positioning and macro outlook. Md Mahbubur Rahman, deputy managing director and chief financial officer, also gave an overview of its recent financial performance.
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