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MTB introduces MTB Shield, fixed deposit with COVID – 19 insurance coverage

Mutual Trust Bank Ltd. (MTB) in partnership with Guardian Life Insurance Limited has recently launched MTB Shield, the country’s first ever fixed deposit with COVID – 19 along with life insurance coverage. MTB Managing Director & CEO, Syed Mahbubur Rahman announces the launch of the new MTB deposit product through a virtual launching ceremony while M M Monirul Alam, Managing Director & CEO, Guardian Life Insurance Limited joined the event.

New MTB fixed deposit holders, with a minimum investment of BDT 100,000, will be able to claim dual benefit – interest on the fixed deposit amount and the covid-19 life insurance coverage.

Syed Rafiqul Haq, Additional Managing Director and Chief Business Officer, Md. Towfiqul Alam Chowdhury, Head of Business, Retail Banking Division and Azam Khan, Group Chief Communications Officer of Mutual Trust Bank Limited along with other senior officials were also present virtually at the launching ceremony.

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