December 02, 2020 – Eastern Bank Ltd. (EBL) has been awarded the prestigious Bank of the Year 2020 for Bangladesh by The Banker.
Given the travel and social distancing constraints imposed this year by the pandemic, the award program was held on December 2, 2020 through a virtual ceremony and was attended by Ali Reza Iftekhar MD and CEO and Ziaul Karim, Head of Communications and External Affairs of EBL.
Commenting on the win, Ali Reza Iftekhar, Managing Director and Chief Executive Officer, EBL says, “It has been an honor and privilege to have received the coveted Bank of the Year 2020 award for Bangladesh by The Banker. Winning a truly global award is a testimony to our commitment to the society we operate in, our service excellence, best-in-class banking products and our passion for performance. In this auspicious occasion, I thank our customers, shareholders, forward-looking board of directors, and our regulators, particularly Bangladesh central bank for their faith, support and guidance to help us emerge as a leading financial institution in Bangladesh.”
He also adds, “This recognition by the world’s longest running international banking award is testament to the strong management, sound business model, banking innovations and prudent risk approach of EBL.”
The Banker is an English-language monthly international financial affairs publication, read in over 180 countries and owned by The Financial Times Ltd. Regarded as the industry standard for assessing banks globally since 1926, each year The Banker’s Bank of the Year Awards recognizes the best performing banks across the world.