MoU signed between City Bank and SBK Tech Ventures 

The agreement signed between The City Bank and SBK Tech Ventures aims to provide financial support to startups and help them grow. SBK Tech Ventures, with its Alternate Investment Fund license from the Bangladesh Securities and Exchange Commission (BSEC), focuses on early-stage tech startups that aim to address the problems of the masses and create a positive impact. Currently, SBK has invested in 42 startups across various sectors such as Ed tech, Health tech, Fin Tech, e-commerce, and B2B SaaS.

Under the terms of the agreement, The City Bank and SBK Tech Ventures will collaborate to identify and support potential startups from across SBK’s portfolio companies. The MoU was signed by Md Ashanur Rahman, Chief Economist and Country Business Manager of City Bank, and Sonia Bashir Kabir, Managing Director of SBK Tech Ventures.

The signing ceremony was attended by senior officials from both organizations, including Md Mahbubur Rahman, AMD and CFO; Mahia Juned, AMD, COO and CAMLCO; Kazi Azizur Rahman, DMD and Chief Information Officer; Mesbaul Asif Siddiqui, DMD and CRO, Mujtanibul Ahmed, Acting Head of DFS Business of City Bank, Anisa Ali CFA, Director of Investments, and Farhan Rahman, Director of Operations of SBK Tech Ventures.