Home ›› 23 Jul 2022 ›› Corporate
Eastern Bank Limited (EBL), a leading private sector commercial bank in the country, has been adjudged as Bangladesh’s Best Domestic Bank 2022 by Asiamoney, a renowned global financial publication.
The bank has received prestigious recognition for two years in a row, said the bank in a statement.
“We are honoured and inspired by the award from Asiamoney for the second consecutive year. We consider it as recognition of our continuous team efforts in achieving banking excellence and EBL’s resilience in any adverse situation”, said Ali Reza Iftekhar, Managing Director and CEO, EBL.
“Euromoney has recently recognised EBL as the Best Bank in Bangladesh. However, these recognitions cannot make us complacent in this dynamic and competitive world. EBL constantly invests in technology and innovation to provide its customers with the most advanced banking products and services,” Ali Reza said.
During the challenging period of the COVID-19 pandemic, Eastern Bank made a few strategic moves to rein in operating costs, leverage strong growth in traffic on its digital platforms and social media channels, and offer new and innovative services through the bank’s mobile apps. Asiamoney identifies which bank in each market has excelled across a range of core banking activities over the past 12 months.
A team made Asiamoney’s award decision of senior journalists after receiving detailed submissions from market participants and in conjunction with research into the banking and capital market by the editorial committee. Senior editors also visited each country or territory to meet leading bankers and gather client and competitor feedback.