City Bank recently launched Agent Banking service with the inauguration of its first Agent Banking outlet in Dhaka Uddan, Mohammadpur. This new business wing will provide a wide range of services including cash deposit and withdrawal, balance enquiry, inward foreign remittance disbursement, fund transfer, utility bill payment and specially Microcredit facilities.

The Agent Banking outlet was jointly inaugurated by Md. Abul Bashar, General Manager, Financial Inclusion Department of Bangladesh Bank and Sohail R. K. Hussain, Managing Director & CEO of City Bank. Also present were Md. Sirajul Islam, the Bank's first agent; Mashrur Arefin and Faruq M. Ahmed, Additional Managing Directors of the Bank; Quazi Mortuza Ali, Head of Agent Banking, other senior officials of City Bank and a number of distinguished local guests.

Commenting on the launch Sohail R. K. Hussain said "We are glad to launch our Agent Banking services, which is an important step in ensuring financial inclusion and credit growth in Microfinances for a better Bangladesh."