Mutual Trust Bank

Mutual Trust Bank PLC (Bengali: মিউচুয়াল ট্রাস্ট ব্যাংক পিএলসি) is a private commercial bank headquartered in Dhaka, Bangladesh. Rashed Ahmed Chowdhury is the chairman of Mutual Trust Bank PLC.^[2]

The company was incorporated as a public limited company in 1999, under the Companies Act 1994, with an authorized share capital of BDT 1,000,000,000 divided into 10,000,000 ordinary shares of BDT 100 each. At present, the authorized share capital of the company is BDT 10,000,000,000 divided into 1,000,000,000 ordinary shares of BDT 10 each.^[3]

Mutual Trust Bank Limited was established on 29 September 1999.^[4]Syed Manzur Elahi was the founding chairman of the Bank.^[5]Harris Chowdhury, former political secretary to Prime Minister Khaleda Zia, was a shareholder of the bank.^[6]

In April 2007, Bangladesh Bank found evidence that Nurunnabi, a Chittagong businessman had embezzled 6.28 billion BDT from 10 banks using false documents under 32 company names.^[7] It included one billion BDT from Mutual Trust Bank branch in Khatunganj.^[7] In 2009, Anis A Khan was appointed managing director of Mutual Trust Bank Limited.^[8]

In July 2013, the Bangladesh Police arrested an IT officer of Mutual Trust Bank Limited for being involved in an ATM forgery case.^[9]

In 2015, the bank became one of two local partners of Life Insurance Corporation of India in Bangladesh.^[10] The Daily Star 15th Bangladesh Business Awards described the bank as "one of the best-run banks in Bangladesh".^[11] Anis A Khan was re-appointed managing director of Mutual Trust Bank Limited in 2015 for a four year term.^[8]

Norfund , el fondo de inversión del gobierno noruego, anunció en septiembre de 2018 sus planes de adquirir el 10 por ciento de Mutual Trust Bank Limited. ^{[ 12 ]}

Según la Comisión Anticorrupción, en diciembre de 2019, un gerente del Mutual Trust Bank Limited robó 49,9 millones de takas a un cliente del banco. ^{[ 13 ]}

La Fundación MTB es el brazo benéfico de Mutual Trust Bank Limited. ^{[ 14 ]} La Fundación MTB anunció la creación de la Beca Conmemorativa Niloufer Manzur, nombrada en honor a Niloufer Manzur, directora de la Escuela Sunbeams, en noviembre de 2021. ^{[ 14 ]}

En mayo de 2022, Associated Builders Corporations (ABC Group) anunció planes para vender el 27 por ciento de las acciones de Mutual Trust Bank Limited en el mercado de bloques para ser adquiridas por un director independiente de ABC Group, Rashed Ahmed Chowdhury. ^{[ 15 ]} El presidente de la Comisión de Valores y Bolsa de Bangladesh , Shibli-Rubayat-Ul Islam , aprobó la venta de bonos por valor de 5 mil millones de BDT por parte de Mutual Trust Bank Limited. ^{[ 16 ]} En agosto, el banco firmó un acuerdo de gestión de efectivo con Paragon Group . ^{[ 17 ]}

• El Instituto de Banqueros de Bangladesh
• Asociación de Bancos de Bangladesh
• Asociación de Comerciantes de Divisas de Bangladesh
• Instituto de Gestión Bancaria de Bangladesh
• Asociación de Empresas que Cotizan en Bolsa de Bangladesh
• Cámara Metropolitana de Comercio e Industria, Dhaka
• Cámara de Comercio Internacional de Bangladesh
• Bolsa de Valores de Dhaka
• Cámara de Comercio e Industria de Dhaka
• Federación de Cámaras de Comercio e Industria de Bangladesh
• Cámara de Comercio Estadounidense en Bangladesh

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