City Bank’s profit grows marginally in Q1 

City Bank registered a 2.7% year-on-year growth in profit to Tk 92.44 crore in the first quarter of 2024, driven by higher operating profit and investment income. The bank’s consolidated earnings per share increased to Tk 0.75 from Tk 0.73 in Q1 2023. Its investment income grew by Tk 87.56 crore to Tk 190.07 crore due to higher holdings of government securities. City Bank, one of the leading private banks in Bangladesh, operates through 133 branches.