Skip to content

The City Bank Sustainable Infrastructure Project

Bangladesh Bangladesh
Area Of Operation
Multiple Areas Multiple Areas

Quick Facts

Concept Approval Date
01 April 2024
Proposed Limit of NDB Financing
USD 25 million
City Bank Plc
Project Entity
City Bank Plc

More About This Project

Bangladesh has set the Bangladesh Vision 2041, which seeks to eliminate extreme poverty and reach High-Income Country status by 20411. The vision recognizes infrastructure as critical to addressing the constraints on promoting private sector-led growth and unlocking a higher trajectory of growth for Bangladesh. The proposed loan to City Bank Plc will support private sector participation in infrastructure development in the country. City Bank Plc is one of the largest and oldest private commercial banks in the People’s Republic of Bangladesh. It is listed both on the Dhaka Stock Exchange and the Chittagong Stock Exchange.


1 Making Vision 2041 a Reality, Perspective Plan of Bangladesh, 2021-2041

NDB is providing the loan to City Bank Plc for on-lending to private sector sub-borrowers for financing investments in sustainable infrastructure projects in clean energy and energy efficiency, transport infrastructure, and digital infrastructure sectors in the country.

The objective of the Loan is to promote infrastructure investments in Bangladesh by providing financing to the private sector. This is in line with Bangladesh’s Vision 2041 which has outlined the need to accelerate private sector investments in infrastructure to bridge the gap. Through the Loan, NDB will support City Bank’s contribution towards this strategy and increase its investments in projects aligned with the Paris Agreement.