City Bank to fund research at Hajee Danesh university

City Bank recently signed an agreement with Hajee Mohammad Danesh Science and Technology University (HSTU).

Prof M Kamruzzaman, vice-chancellor of the university, and Mashrur Arefin, managing director and CEO of the bank, signed the deal at the latter's head office in Dhaka, said a press release.

Under this agreement, the bank will provide a sizable fund to the HSTU for its plant and animal disease diagnostic unit as part of the bank's corporate social responsibility.

The research facilities of the university will be strengthened through purchase of new equipment for plant and animal disease diagnosis at the university's central laboratory with the support of City Bank.

Prof SM Harun-Ur-Rashid, director of the Institute of Research and Training at the HSTU, Sheikh Mohammad Maroof and Mohammad Mahbubur Rahman, additional managing directors of the bank, and high officials of both organisations were present.