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MTB signs agreement with Fintech Innovations International DMCC, UAE

Mutual Trust Bank Limited (MTB) has recently signed an agreement with Fintech Innovations International DMCC, UAE, at a simple ceremony held at MTB Centre, the bank’s Corporate Head Office located in Gulshan, Dhaka.

Sumit Kumar Roy, President & CMO of Fintech Innovations International DMCC, UAE, and Md. Bakhteyer Hossain, Head of MTB International Trade Services Division (MITS) of MTB signed the agreement on behalf of their respective organizations. Azizunnessa Huq, Executive Director of Fintech Innovations International DMCC, UAE, A.T.M. Nesarul Hoque, Vice President of MTB and other senior officials from the bank were also present at the occasion.

Under this agreement, MTB will become a subscriber of “TRADE ASSETS” digital platform -the first blockchain-powered trade finance e-Marketplace, which will enable MTB to enhance its capabilities in reaching out to all foreign financial institution members of the platform, directly, with a view to executing trade finance related transactions instantly.

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