City Bank yesterday announced the launch of its fully digital ‘supply chain finance and distributor finance facility’, a client-centric, secure, end-to-end solution that will help companies in Bangladesh in doing business with efficiency and transparency, the bank said in a press statement yesterday.

The bank has introduced these products in online platform to strengthen the backward and forward linkage of the corporate.

This platform will enable thousands of SME businesses to access easy finance particularly short-term working capital requirement along with many other banking facilities under one umbrella across the country, the press statement said.

Sohail RK Hussain, managing director and CEO of City Bank, inaugurated the launch of supply chain finance and distributor finance facility.

Mashrur Arefin, additional MD of the bank, Sheikh Mohammed Maroof, DMD and head of Wholesale Banking, Abdul Wadud, DMD and CRO, Kamrul Mehedi, head of Small Business, Aslam Uddin Bhuiyan, head of Supply Chain Finance of City Bank, Syed Alamgir, managing director, ACI Foods Limited, Uzma Chowdhury, director, Corporate Finance, PRAN-RFL Group, Dr. Momenul Haq, managing director, General Pharmaceuticals Ltd, Momin Ud Dowlah, managing director, EON Group, attend the programme.