- CEO
- Mahbubur Rahman
- Full Time Employees
- 2,667
- Sector
- Finance
- Industry
- Major banks
- Address
- Dhaka Bangladesh
- IPO Date
- Apr 16, 2003
- Business
- Mutual Trust Bank PLC provides commercial banking, Islamic banking, and financial services to retail, small and medium-sized enterprise (SME), corporate, and institutional clients in Bangladesh and internationally. The company operates across several business segments: Retail Banking, Corporate Banking, SME and Agri Banking, Islamic Banking (MTB Yaqeen), Treasury and Financial Markets, and Offshore Banking. Its Retail Banking products and services include savings accounts, current accounts, term deposits, recurring deposit schemes, and foreign currency accounts; consumer lending products comprising home loans, auto loans, personal loans, and education loans; and digital and card services featuring Visa, Mastercard, and UnionPay credit, debit, and prepaid cards, alongside the MTB Smart Banking mobile application, internet banking, SMS banking, automated teller machines (ATMs), cash deposit and recycler machines (CRMs), and point-of-sale (POS) acquiring. The Corporate Banking segment provides working capital finance, term loans, project and infrastructure financing, syndicated facilities, structured finance, offshore banking services, and trade finance solutions including letters of credit, export credit, and bank guarantees, as well as cash management, payroll banking, and corporate advisory services. Its SME and Agri Banking segment offers medium and small enterprise loans, commercial vehicle financing, agricultural credit, livestock and fisheries loans, and specialized women-entrepreneur financing schemes such as MTB Gunabati and MTB Bhagyobati. The Islamic Banking division provides Shariah-compliant deposit, investment, and trade products based on Mudarabah, Murabaha, and Ijarah principles under the MTB Yaqeen brand. The Treasury and Financial Markets segment manages foreign exchange operations, money market transactions, interest rate derivatives, liquidity management, and government securities trading as an authorized Primary Dealer. Through its specialized subsidiaries, the company delivers capital market and asset management solutions: stock brokerage and custodial services through MTB Securities Limited; merchant banking, portfolio management, underwriting, and issue management through MTB Capital Limited; and mutual fund and wealth management services through MTB Green Asset Management Limited. In recent developments, the company changed its legal name from Mutual Trust Bank Limited to Mutual Trust Bank PLC to conform with regulatory requirements for publicly listed companies; expanded its digital financial infrastructure through the implementation of AI-enabled digital onboarding and electronic Know-Your-Customer (e-KYC) systems, integration with interoperable digital transaction platforms and Bangla QR payment networks, and partnerships with leading mobile financial services providers for instant fund transfers and digital micro-credit; accelerated the roll-out of its agent banking centers and sub-branches across underserved regional markets to advance nationwide financial inclusion; and widened its green and sustainable financing programs through specialized refinance facilities and collaborative initiatives supporting renewable energy and environmentally sustainable industrial projects. Founded in 1999, Mutual Trust Bank PLC is headquartered in Dhaka, Bangladesh.