City Bank declares 30% dividend for 2025

Star Business Desk

City Bank PLC declared a 30 percent dividend, including a 15 percent cash dividend, for the year that ended on December 31, 2025.

The announcement came at the bank’s 43rd annual general meeting (AGM) held virtually yesterday, according to a press release.

Hossain Khaled, chairman of the bank, presided over the meeting. In his remarks, he said the bank’s consolidated profit after tax reached a record Tk 1,324 crore in 2025, reflecting 31 percent growth over the previous year.

He said deposits grew 23 percent year-on-year to Tk 63,170 crore by the end of 2025. Despite global and domestic uncertainties, the bank remained resilient through disciplined governance, strong risk management and a long-term strategic focus, he added.

“We continued to strengthen our balance sheet, accelerate digital transformation and support businesses and communities across Bangladesh,” Hossain said.

Shareholders at the AGM raised various queries and suggestions regarding the bank’s performance.

Addressing them, Mashrur Arefin, managing director and CEO, said the bank delivered record financial performance in 2025, driven by disciplined growth, customer trust and sustained business momentum.

He said City Bank remains focused on accelerating digital transformation, strengthening customer engagement and delivering sustainable value through responsible banking practices.

“With improving macroeconomic conditions and renewed business confidence, the bank is well-positioned to sustain growth and contribute meaningfully to Bangladesh’s evolving financial landscape,” Mashrur added.

Rubel Aziz, vice-chairman of the bank; Aziz Al Kaiser, Rajibul Huq Chowdhury, Syeda Shaireen Aziz, Rebecca Brosnan and Syed Raihan Hasan Ali, directors; Matiul Islam Nowshad, Nazimuddin Chowdhury, independent directors; and Md Kafi Khan, company secretary, along with a large number of shareholders and senior officials of the bank, were also present.