City Bank and Walton Deal Green Banking Agreement

Industry: Bank, Electronics, Home Appliances
Company: City Bank, Walton Group
Company Intelligence Tag: Partnership Insights

On November 24, 2024, Walton Hi-Tech Industries PLC and City Bank PLC signed a green banking agreement to offer a range of preferential banking services to Walton’s employees. The agreement, signed at Walton’s corporate office, includes services such as payroll receipt, debit and credit card facilities, and personal, car, or home loan options. The deal aims to provide enhanced financial services to Walton employees while also benefiting City Bank’s retail banking operations.

The signing ceremony was attended by senior officials from both organizations, including Walton Hi-Tech’s Managing Director and Chairman, along with City Bank’s Managing Director and CEO. Walton’s Managing Director emphasized that the initiative would benefit both Walton employees and the bank, while City Bank’s CEO highlighted the seamless banking services to be provided. Following the agreement, an exclusive ATM booth for Walton employees was inaugurated at Walton’s corporate office.

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