Financial performance of Mutual Trust Bank Limited

Abstract

Mutual Trust Bank LTD is a third generation private bank in Bangladesh which started its journey in 1999. The Bank operates its financial activities through its Head Office situated at Dhaka and other 93 branches. MTB provides various Consumer Banking Products, such as- Brick by Brick Savings Scheme, Monthly Benefit Plan, Save Everyday Plan, Children’s Education Plan, Consumer Credit Scheme and Best Invest Plan. Beside these, Banking services of MTBL include Online Banking Service, MTBL Tele Banking Services, SWIFT Services, Pay Order, Demand Draft Issue, MTBL SMS Banking, Locker Service, Credit Card Service, and Visa Electronic Debit Card Service. MTBL offers different types of account, those are- Current Deposit, Savings Deposit, Short Term Deposit and Fixed Deposit Receipt. There are some other types of accounts which are basically known as Festival Shanchay Prokalpa (FSP) that are offered due to different types of religious festivals. MTBL also provide Gift cheques which creates interests by holding them. Mutual Trust Bank Ltd has an established and most importantly a reliable General Banking section in all brunches. It fulfills the consumer needs in almost every case with its dignity and honor and always focuses on customer satisfaction at first. By continuing those services Mutual trust want to place their name in the list of top most Banks in Bangladesh.