City Bank inks Strategic Partnership deal with BEZA

City Bank inks Strategic Partnership deal with BEZA

City Bank has recently signed a strategic partnership with Bangladesh Economic Zones Authority (BEZA) for green plantation at Bangabandhu Sheikh Mujib Shilpanagar in Mirsarai, Feni and Sonadia Eco-Tourism at Cox’s Bazar. This will be the largest economic zone in Bangladesh, spanning 30,000 acres of land with world-class business and industrial facilities.

Under the CSR program, the bank will provide financial support to plant trees at Bangabandhu Sheikh Mujib Shilpanagar and Sonadia Eco-tourism Park for the next two years.

In presence of Abul Kalam Azad, Principal Coordinator, SDG, Prime Minister’s Office and Aziz Al Kaiser, Chairman, City Bank, the agreement was handed over by Paban Chowdhury, Executive Chairman of BEZA and Mashrur Arefin, Managing Director and CEO, City Bank at the City Bank Head Office on July 25, 2019. Other senior officials from both organizations were also present.

Principal Coordinator (SDG) to Prime Minister Abul Kalam Azad said, the contribution from financial institution in green initiatives at economic zones will support Government to attain sustainable economic growth. He also mentioned that the business hubs will empower backward and underdeveloped regions encouraging rapid infrastructural development.

Speaking at this occasion, City Bank Chairman Aziz Al Kaiser said, alongside providing banking services, City Bank strives to contribute to the betterment of the earth’s ecology and economy.

It is to be mentioned that City Bank received the prestigious ‘Global Climate Partnership Award 2018’ from Global Climate Partnership Fund (GCPF) last year for green financing.