City Bank wins TFP Momentum Award from Asian Development Bank (ADB)
City Bank has recently been honored with the “TFP Momentum Award” as from Asian Development Bank (ADB) at the ADB TFP Awards 2019 Ceremony. Sheikh Mohammad Maroof, Additional Managing Director received the award on behalf of the Bank at the event held in Singapore. City Bank has received this accolade for achieving the highest percentage of growth in value of trade transactions under ADB’s Trade Finance Program (TFP) among all the participating banks.
ADB is an international development finance institution aiming to foster economic growth and promote social development in the Asian Region. ADB's Trade Finance Program (TFP) provides guarantees and loans to banks to support trade.