City Bank’s profit rises in Jan-Sep

City  Bank Ltd reported consolidated profits of Tk 316.5 crore for the  January-September period of 2021, a 2.56 per cent rise from the same  period last year.

On Tuesday, the bank disclosed its earnings for the third quarter of 2021 over a digital platform.

Consolidated earnings per share (EPS) was recorded at Tk 2.97 for the period whereas it was Tk 2.89 last year.

Md  Mahbubur Rahman, deputy managing director and chief financial officer,  gave a presentation and Mashrur Arefin, managing director and CEO,  briefly discussed current strategic priorities. Existing and potential investors, researchers, analysts and other individuals involved in the capital market joined the event.