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BB appreciates MTB role in stimulus disbursement

Staff Correspondent
05 Jan 2022 00:00:00 | Update: 05 Jan 2022 01:12:05
BB appreciates MTB role in stimulus disbursement
Mutual Trust Bank Managing Director Syed Mahbubur Rahman receives the appreciation letter from Bangladesh Bank Governor Fazle Kabir – Courtesy photo

Mutual Trust Bank Limited (MTB) has been given a letter of appreciation by Bangladesh Bank (BB) for its outstanding role in distributing 100 per cent of Covid-19 CMSME stimulus package in the first phase against the target assigned by Bangladesh Bank.

Bangladesh Bank Governor Fazle Kabir handed over the appreciation letter to MTB Managing Director and CEO Syed Mahbubur Rahman at the bankers’ meeting held at BB’s Jahangir Alam auditorium recently, said a press release.

Under the direction of Prime Minister Sheikh Hasina, a financial stimulus loan package was announced to facilitate cottage, micro, small and medium enterprises (CMSME) to tackle the global pandemic Covid-19 and recuperate the country’s economic activities and business environment.

MTB, a third generation private commercial bank based in Dhaka, was adjudged as the Best Financial Institution of 2014 at the DHL-Daily Star Business Awards 2015.

Earlier, MTB had also received the first-ever best “SME Bank of the Year” and best “Women Entrepreneurs’ Friendly Bank of the Year” by Bangladesh Bank and SME Foundation. MTB has recently been awarded the Best Presented Annual Report-2018 (3rd position) in the Private Banks category by The Institute of Chartered Accountants of Bangladesh (ICAB).

According to the release, MTB aspires to be one of the most admired banks in the nation and recognized as an innovative and client-focused company.

With current network of 119 branches & 33 Sub branches, 200 Agent Banking Centers, 18 kiosks, 310 modern ATMs including 6 CRM Booths, 4 Air Lounges, over 3,220 Point of Sales (POS) machines, located in prime commercial, urban and rural areas, MTB offers fully integrated real time Online Banking Services, Internet and SMS Banking to its clientele, through a dedicated Team of experienced Relationship Managers and Alternate Delivery Channels (ADC).”

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