BANGLADESH
BEST COMMERCIAL BANK
City Bank
Political unrest and subdued economic activity made life difficult for banks in Bangladesh during 2013 City Bank responded with sound management and succeeded in improving asset quality and liquidity, while cutting its cost of funds and maintaining adequate capital
Unlike neighbouring India, Bangladesh has a thriving private commercial banking industry with plenty of competition There are bigger players than City Bank, but none that offer a more complete range of banking products and services
Its retail customer base expanded by more than 12%, while the credit card portfolio grew by 17% — helped by the launch of its American Express Platinum card During the year it also launched internet banking,...
