City Bank has launched the first co-branded credit card in partnership with Dhaka University and American Express on Monday (Sep 17). The launch was held in the conference hall of the Faculty of Business Studies at the DU campus, local media reports said.
The card has been specially designed for faculty members and executives associated of the university and offers them customized services and benefits.
On approval of the card, members will be presented with welcome vouchers that offer savings at various stores. Cardholders will not be required to pay the annual fee and will get one free supplementary card.
City Bank has been the sole card issuer and merchant acquirer of American Express in Bangladesh since 2009.
Among others, Tabassum Kaiser, Vice-Chairperson of City Bank, Sohail RK Hussain, MD and CEO of City Bank, Kurush Dastoor, director of Global Network Services in South Asia for American Express, Dr Kamal Uddin, treasurer of Faculty of Business Studies at DU, and Dean of Faculty of Business Studies, Professor Shibli Rubayat Ul Islam, were present at the launching ceremony.