# The City Bank

> The City Bank is a VC fund in Dhaka backing B2B and Fashion. See 3 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Dhaka, Bangladesh
- Total investments: 3
- Last investment: Jun 2026
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/the-city-bank-ltd/
- X (Twitter): https://twitter.com/thecitybank
- Website: https://thecitybank.com/home
- Facebook: https://www.facebook.com/TheCityBank/

The City Bank is a VC fund in Dhaka focused on B2B and Fashion. From 1983 till date, City Bank has been a case study in evolution, having transformed over time from a traditional organization to a critically acclaimed multi-faceted institution that embraces global best practices and chooses to be at the forefront of technological initiatives. Unlike many, the Bank's criteria for success are not only thebottom-line numbers but also the milestones set towards becoming the most complete bank in the country.

## Contacts

5 contacts available for The City Bank. Shizune tracks 3 team members at The City Bank. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/the-city-bank?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Debt Financing | $1k–$30M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| B2B | 1 | 33% |
| Fashion | 1 | 33% |
| Textiles | 1 | 33% |
| Logistics | 1 | 33% |
| E-Commerce | 1 | 33% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Debt Financing | 2 | 67% |
| Post-IPO Debt | 1 | 33% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Mahbubur Rahman | Managing Director & CFO | 0 | https://shizune.co/investors/profile/mahbubur-rahman-2e26 |
| Mahia Juned | Deputy Managing Director & Chief Operating Officer | 0 | https://shizune.co/investors/profile/mahia-juned |
| Mashrur Arefin | CEO | 0 | https://shizune.co/investors/profile/mashrur-arefin |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Far East Knitting & Dyeing | Far East Knitting & Dyeing Industries provides knit garments like casual wear, activewear, and basics in menswear and womenswear. Their services includes sewing, cutting, printing, embroidery, washing, designing, patterning fabric, dyeing, and knitting | $19.1M | Post-IPO Debt | Jun 16, 2026 |  |
| ShopUp | ShopUp is Bangladesh’s full-stack B2B commerce platform for small businesses, providing easy access to B2B sourcing, last-mile logistics, and BNPL solutions. The company provides easy access to B2B sourcing, last-mile logistics, digital credit and business management solutions to small businesses. ShopUp is headquartered in Dhaka, Bangladesh. | $30M | Debt Financing | Feb 02, 2023 |  |
| Banglalink | Banglalink is a provider of telecommunication and internet broadband services. | $138.7M | Debt Financing | Apr 27, 2022 |  |

3 of 3 investments shown.

## Co-investors
- [Dhaka Bank Limited](https://shizune.co/investors/profile/dhaka-bank-limited) — VC Fund, 2 deals together
- [Bank Asia](https://shizune.co/investors/profile/bank-asia-limited) — VC Fund, 1 deal together
- [BKash](https://shizune.co/investors/profile/bkash) — VC Fund, 1 deal together
- [Commercial Bank of Ceylon](https://shizune.co/investors/profile/commercial-bank-of-ceylon) — VC Fund, 1 deal together
- [Dutch-Bangla Bank](https://shizune.co/investors/profile/dutch-bangla-bank) — VC Fund, 1 deal together
- [Eastern Bank](https://shizune.co/investors/profile/eastern-bank) — VC Fund, 1 deal together

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## FAQ

### What does The City Bank invest in?

The City Bank invests primarily in B2B, Fashion and Textiles startups, most often at Debt Financing and Post-IPO Debt stage. Most of the 3 investments tracked by Shizune back companies in Bangladesh. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is The City Bank's check size?

The City Bank typically joins rounds of $1k–$30M at Debt Financing. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds The City Bank participates in.

### How do I contact The City Bank?

Public channels for The City Bank include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at The City Bank?

The team at The City Bank includes Mahbubur Rahman (Managing Director & CFO), Mahia Juned (Deputy Managing Director & Chief Operating Officer) and Mashrur Arefin (CEO). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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