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With a vision to align with `Smart Bangladesh’, Mutual Trust Bank Limited (MTB) and GrameenPhone have partnered to introduce a revolutionary touch-free automation system for GrameenPhone distributors. This innovative collaboration aims to streamline the product lifting process, eliminating manual intervention and ensuring fully automated operations.
The system intelligently generates auto purchase orders when stock levels are low, guaranteeing distributors never experience shortages. Financial transactions are seamlessly completed by depositing funds directly into GP Distributors’ accounts from the distributors. This unique partnership utilizes distributors’ profiles and pre-approved CC loans, allowing MTB to provide automatic financing when fund shortages occur. Cash transactions for product lifting become effortless and efficient. Operating 24/7, this automated process eliminates the need for physical banking during restricted hours, saving valuable man-hours. It also enhances security by minimizing financial risks and preventing fraud incidents through automated reconciliation.
Yasir Azman, CEO, GP, and Syed Mahbubur Rahman, Managing Director & CEO, MTB signed the partnership agreement on behalf of their respective organizations at a simple ceremony held at GP House in Dhaka. From the bank’s side, Md. Khalid Mahmood Khan, Deputy Managing Director & CBO & Khalid Hossin, Head of Digital Banking Division were present at the ceremony. From Grameenphone Mohd. Aulad Hossain, Head of Sales & Customer Management, Commercial Division & Asif Naimur Rashid, Chief Business Officer were also present during the occasion.