Citibank organized a road show in Portugal's capital Lisbon on March 4 to highlight the various benefits of offshore banking fixed 
deposits in front of expatriate Bangladeshis. Managing Director and CEO of City Bank, Masrur Arefin, in front of about five hundred 
expatriate Bangladeshis.He highlighted how expatriates can benefit from fixed deposits, including increasing foreign currency dollar 
and euro deposits in offshore banks. Bangladesh High Commission in Portugal attended the event under the chairmanship of expatriate 
businessman Zahirul Islam in the road show organized at Lisbon City Work Restaurant.Consular Laila Muntajeri Dina, Embassy First Secretary
 Alamgir Hossain along with around four hundred Portuguese expatriate businessmen, journalists and community dignitaries.
Regarding depositing money in offshore banks, Masrur Arefin said that anyone living in Portugal should keep at least 1,000 thousand
 US dollars or Euros in an offshore bank for three months.From 6.5% to 8.25% can be earned if the deposit is kept for up to five years. 
There is no maximum deposit limit for simultaneous deposits.He also said that this new product of City Bank is providing many more 
specialized benefits so that this offshore banking service becomes the best offer for increasing the wealth of expatriate Bangladeshis.
Masrur Arefin said, on behalf of expatriates or companies, their relatives in Bangladesh can also open this fixed deposit account. 
There is no restriction on taking the deposited money out of the country at any time with profits and no prior approval is required.
After the questions of the present guests, Masrur Arefin said, "They are overwhelmed by the sincere interest of the Portuguese diaspora 
in offshore banking fixed deposit products. Through this arrangement, they are expressing the responsibility of City Bank towards the 
expatriate community as well as BangladeshFulfilling the promise of strong participation in the development of the economy.
He expressed hope that City Bank will organize similar arrangements in other parts of the world in the future and will play a strong
 role in eliminating the country's dollar crisis. Meanwhile, the city of Portugal to organize such Thanking the bank, community figure
 Rana Tasnim said there are many businessmen in Lisbon whose money is lying idle. If they keep the money in Portugal, the highest 
interest rate they can get is 2.9 percent. But the City person is giving a maximum profit of 8.25 percent. So those who have idle 
money can benefit more if they keep it in the bank.