Citizens Bank PLC has officially inaugurated its new Kawran Bazar sub-branch, strategically located on Kazi Nazrul Islam Avenue in the heart of Dhaka’s bustling commercial district. The launch reinforces the bank’s growing presence in the city and aims to strengthen its commitment to supporting local businesses and communities.
The inauguration ceremony was presided over by Mr Masuduzzaman, Chairman of the Executive Committee of the Board of Directors, who formally opened the branch and delivered the keynote address. In his speech, he reiterated Citizens Bank’s commitment to expanding financial inclusion and assisting local entrepreneurs in achieving sustainable growth.
Independent directors, including Mr N. K. A. Mobin, FCS, FCA, and Mr A. K. M. Shahidul Haque, attended the ceremony, sharing their insights on the bank’s strategic direction and future growth plans. Senior executives, including Managing Director Mr Alamgir Hossain and Deputy Managing Directors Mr Md Mostafizur Rahman and Mr Md Abdul Latif, were also present. They highlighted the bank’s focus on providing tailored financial solutions for small and medium-sized enterprises (SMEs), including customised financing, working capital support, trade finance facilities, and advisory services. These initiatives are designed to help local entrepreneurs expand their operations and enhance competitiveness in regional and international markets.
The new sub-branch will also offer a comprehensive range of retail banking services, encompassing deposit products, consumer loans, remittance facilities, and advanced digital banking solutions. These services are intended to meet the evolving needs of customers and contribute to the economic development of the surrounding community.
The inauguration was attended by members of the business community, existing clients, and other distinguished guests, who expressed positive feedback regarding the bank’s expansion plans and the potential impact on local commerce.
Key Participants at the Inauguration
| Name | Position | Role at Event |
|---|---|---|
| Mr Masuduzzaman | Chairman, Executive Committee, Board of Directors | Chief Guest & Branch Inaugurator |
| Mr N. K. A. Mobin, FCS, FCA | Independent Director | Guest Speaker |
| Mr A. K. M. Shahidul Haque | Independent Director | Guest Speaker |
| Mr Alamgir Hossain | Managing Director | Guest Speaker |
| Mr Md Mostafizur Rahman | Deputy Managing Director | Attendee |
| Mr Md Abdul Latif | Deputy Managing Director | Attendee |
The opening of the Kawran Bazar sub-branch marks a significant milestone for Citizens Bank PLC. It underscores the bank’s dedication to expanding its customer base, enhancing service quality, and providing customised financial solutions for both personal and business clients. With this expansion, Citizens Bank aims to play a pivotal role in the economic growth and financial empowerment of the local community.