|Bangladesh Bank has given approval
to Mutual Trust Bank Limited as primary dealer (PD) aiming to
boost the country's secondary securities market.
The authority has approved Mutual Trust Bank Limited as PD
of the government securities dated November 23, 2009.Central
Bank has taken the latest move to increase the number of market
makers to bring dynamism in the secondary market.
Mutual Trust Bank, a dynamic third generation Bank, through
its 103 network plans to gradually do business by selling
government securities to corporate, institutions and individuals.
The business will be administered by the MTB Treasury team,
which is equipped with state of the art technology, the industry's
leading edge skilled manpower that have expertise in handling
government securities trading.
be a market leader in the primary dealership market and establishing
a unique brand in the secondary securities market.
help enhance the liquidity and depth in the securities market
through selling government securities and establishing new trading
relationship with other parties.
develop secondary market by popularizing government securities
to individuals and institutions
help Bangladesh Bank in achieving their strategic monetary targets
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