Walton, City Bank signs green banking deal | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Wednesday
July 09, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
WEDNESDAY, JULY 09, 2025
Walton, City Bank signs green banking deal

Corporates

Press Release
24 November, 2024, 07:45 pm
Last modified: 24 November, 2024, 07:49 pm

Related News

  • Omera Petroleum tops LPG importer for second year
  • Bangladeshi students top the world in cambridge exams
  • Vice-Chancellor of BOU visits examination centre
  • EBL and Baywatch property signs agreement for cardholders
  • Walton appoints new brand ambassador

Walton, City Bank signs green banking deal

Press Release
24 November, 2024, 07:45 pm
Last modified: 24 November, 2024, 07:49 pm
Walton, City Bank signs green banking deal

Global electronics brand 'Walton Hi-Tech Industries PLC' has signed an employee green banking agreement with City Bank PLC.

Under the agreement, Walton Hi-Tech's employees enjoy various preferential banking services, including payroll receipt, debit and credit card service, and personal, car, or home loan facilities from the bank.

In this regard, an agreement was signed between Walton Hi-Tech and City Bank at Walton Corporate Office in the capital on Sunday (November 24, 2024).

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Walton Hi-Tech's Additional Managing Director (AMD) and Chief Financial Officer (CFO) Md. Ziaul Alam, FCA, ICA (ICAEW) and City Bank's Deputy Managing Director (DMD) and Head of Retail Banking Arup Haider inked the agreement on behalf of their respective sides.

The agreement signing ceremony was also attended, among others, by Walton Hi-Tech Industries PLC's Chairman S M Shamsul Alam, City Bank Chairman Aziz Al Kaiser, Walton Hi-Tech's Managing Director S M Mahbubul Alam, City Bank's Managing Director and CEO Mashrur Arefin, Walton's AMD Nazrul Islam Sarkar and Eva Rezwana, DMD Yusuf Ali and other higher officials of both organisations.

Delivering the welcome address at the function, Walton Hi-Tech's Managing Director S M Mahbubul Alam said, "Walton always focuses on providing the highest facilities to all the members of the Walton family. And thus, today, we are going to sign an employee green banking agreement with City Bank. Under this agreement, all of our members will get various financial services from the bank. City Bank will also benefit from this initiative."

Walton Hi-Tech's Chairman S M Shamsul Alam said City Bank has been providing banking support to Walton for the last several years. Through today's agreement, City Bank will extend its services to all members of the Walton family.

City Bank's Managing Director and CEO Mashrur Arefin said, "Walton employees will enjoy seamless automated salary, card facilities, and loan benefits, as well as carry out corporate payments conveniently round the clock. The City Bank has been working with Walton since 2018, and we are delighted to work with Walton."

City Bank Chairman Aziz Al Kaiser opined that Walton is a giant in Bangladesh's electronics sector. He said, "Walton is now our pride. They are brightening Bangladesh's positive image around the world through exporting products. City Bank is also one of the best banks in the country. Walton and City Bank are now united to work together, and both organizations will benefit from this agreement. Walton employees will get banking support from our bank."

After signing the agreement, the officials of both organisations inaugurated an ATM booth installed only for Walton employees at the Walton corporate office.

 

 

#walton / #citybank / #tbs / #corporate

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Clashes took place between police and protesters in Sylhet on 2 August. Photo: TBS
    Hasina authorised deadly crackdown on protesters during 2024 July uprising, BBC verifies leaked audio
  • Finance Adviser Saluhuddin Ahmed spoke at a post-budget press conference at Osmani Auditorium in the capital today (3 June). Photo: Rajib Dhar/TBS
    Many obstacles in financial sector reforms, not only driven by IMF, World Bank: Finance adviser
  • File photo of Chattogram Port/TBS
    Cargo unloading at Ctg Port's outer anchorage suspended for three days amid rough seas

MOST VIEWED

  • None saw it coming: What went wrong in Bangladesh’s tariff negotiation with US 
    None saw it coming: What went wrong in Bangladesh’s tariff negotiation with US 
  • File Photo: Rajib Dhar/TBS
    Bangladesh faces economic impact as US introduces 35% tariff on exports
  • Representational image. Photo: Collected
    Bangladesh reserves above $24b even after making $2b ACU payment 
  • Electric buses for capital: Tk2,500cr to be spent in 2 years
    Electric buses for capital: Tk2,500cr to be spent in 2 years
  • Representational image. Photo: TBS
    35% US tariff to be disastrous for Bangladesh's exports, say economists and exporters
  • Clashes took place between police and protesters in Sylhet on 2 August. Photo: TBS
    Hasina authorised deadly crackdown on protesters during 2024 July uprising, BBC verifies leaked audio

Related News

  • Omera Petroleum tops LPG importer for second year
  • Bangladeshi students top the world in cambridge exams
  • Vice-Chancellor of BOU visits examination centre
  • EBL and Baywatch property signs agreement for cardholders
  • Walton appoints new brand ambassador

Features

Dr Mostafa Abid Khan. Sketch: TBS

Actual impact will depend on how US retailers respond: Mostafa Abid Khan

1d | Economy
Thousands gather to form Bangla Blockade in mass show of support. Photo: TBS

Rebranding rebellion: Why ‘Bangla Blockade’ struck a chord

1d | Panorama
The Mitsubishi Xpander is built with families in mind, ready to handle the daily carpool, grocery runs, weekend getaways, and everything in between. PHOTO: Akif Hamid

Now made-in-Bangladesh: 2025 Mitsubishi Xpander

2d | Wheels
Students of different institutions protest demanding the reinstatement of the 2018 circular cancelling quotas in recruitment in government jobs. Photo: Mehedi Hasan

5 July 2024: Students announce class boycott amid growing protests

4d | Panorama

More Videos from TBS

Trump considering sanctions on Russia

Trump considering sanctions on Russia

12m | TBS World
Iran receives missile shipment from China

Iran receives missile shipment from China

1h | TBS World
Will JPA be able to survive in the political arena?

Will JPA be able to survive in the political arena?

15h | TBS Stories
Trump’s steel, aluminum tariffs bleed Indian foundries

Trump’s steel, aluminum tariffs bleed Indian foundries

4h | Others
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net