City Bank has launched MasterCard after successful launch and operation of American Express and Visa Cards over the last few years.

The bank opened MasterCard issuing and also acquiring business through a press conference here at a city hotel yesterday.

The bank has also introduced MasterCard Platinum International Debit Card which is the first dual currency debit card in the country.

Platinum debit card comes with the flexibility of being used both locally and internationally with high level of privileges and security, the news release said.

Chairman of City Bank Aziz Al Kaiser, Managing Director and CEO K Mahmood Sattar, Assistant Managing Directors-- Sohail RK Hussain and Ehsan Khasru were also present on the occasion.

“I am very proud to announce the launch of MasterCard Platinum International Debit Card, regular Local Card and City Manarah Islamic Debit Card to Bangladesh,” said K Mahmood Sattar.

He said with the launch of MasterCard, City Bank now is the issuer and acquirer of three world’s class brands MasterCard, Visa and American Express in Bangladesh.

“City Bank has again shown its serious commitment to the development of the modern banking industry and its continuous endeavor to offer exciting products and services every year,” he added.

K Mahmood Sattar said MasterCard Platinum offers the facility to access the funds at over 1.9 million MasterCard ATMs worldwide and the privilege to access around 32 million outlets across the world.

 News: Daily Sun/ Bangladesh/ July-05-2011