Private company

City Group

Logo: City Group BD, CC BY-SA 4.0, via Wikimedia Commons3

Bangladeshi conglomerate

City Group (Bengali: সিটি গ্রুপ, stylised as citygroup) is a Bangladeshi conglomerate. It began on 6 February 1972 as a mustard oil company venture under the name City Oil Mills. It presently owns more than 25 major concerns located throughout Bangladesh.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1972Founded1

City Group (Bengali: সিটি গ্রুপ, stylised as citygroup) is a Bangladeshi conglomerate. It began on 6 February 1972 as a mustard oil company venture under the name City Oil Mills. It presently owns more than 25 major concerns located throughout Bangladesh.2

The story

City Group was established by Fazlur Rahman, a business magnate in the private sector of Bangladesh. City Group began on 6 February 1972 as a mustard oil company venture. After its first project, City Group invested in new fields, including manufacturing, industry and trading. More enterprises were established in the early 1990s; these included consumer goods, foods, steel, printing & packaging, shipping, power and energy, shares and securities, insurance, media, and healthcare.

On 4 October 2017, the government of Bangladesh approved the export of 57,273 tones of sugar by Deshbandhu Group and City Group.

From Wikipedia’s article on City Group, shared under CC BY-SA 4.0.4

Timeline

  1. 1972Founded Founded1

Sources

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