Abstract:
Mutual Trust Bank Limited has acquired commendable reputation by providing sincere
personalized service to its customers in a technology based environment since its inception. The
Bank has set up a new standard in financing in the Industrial, Trade and Foreign exchange business.
Its various deposit & credit products have also attracted the clients-both corporate and individuals
who feel comfort in doing business with the Bank.
The bank has earned a satisfactory result recent years by achieving the DHL-Daily Star Bangladesh
Business Award as the Best Financial Institution, which contributed in continuing its steady
growth in respect of all major indicators, namely Deposit, Advance and Profit, etc. During the year
the bank has concentrated its focus to a number of income increasing sectors such as SME
Financing, Inward Foreign Remittance, etc. The Bank has separate Credit Administration
Department, Recovery Department and also a Task Force for continuous monitoring of difficult
loans and advances of the Bank and to propose ways of recovery of Bank's dues.
This process will continue in next years also. Over the last few years remittance business
contributed remarkably in increasing fee based income of the Bank. In order to motivate and
inspire the Bangladeshis residing abroad to send their hard earned money through legal Banking
channel, the bank has taken a number of steps like making remittance arrangements with
different money exchange companies all over the world, participating in fairs and meetings with
remitters and exchange companies, etc. which brought result beyond expectation.
