City Bank has recently signed an agreement with IFAD Motors to provide the latter with nationwide cash management solution, said a press release.
Under the agreement, City Bank will facilitate IFAD Motors Limited with nationwide cash management solution for distribution of Royal Enfield motorcycles all over Bangladesh.
City Bank managing director and chief executive officer Mashrur Arefin and IFAD Motors Limited managing director Taskeen Ahmed signed an agreement in this regard.
Among others, City Bank deputy managing director and corporate banking head Nurullah Chaudhury, commercial banking head Mohammad Mahmud Gony, corporate and institutional liability head Tahsin Haq and IFAD Motors chief financial officer Sohadeb K Das were present.