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MTB inks deal with bKash

Mutual Trust Bank Ltd. (MTB) has signed an agreement with bKash Limited, recently, to provide ‘Cash Management’ services to the leading mobile financial service provider of the country. Under this agreement, MTB will provide services which include bill collection, from distributors, transfers and related services to bKash Limited through customized deposit slips via MTB’s network of 111 branches across the country. MTB’s Information Technology Services Division (ITS) has developed a web based API (Application Programming Interface) integration to provide bKash a customized MIS every day. Through this system, bKash will receive the necessary information at their end, automatically. This MIS will help bKash to promptly reconcile the day-to-day collections made at MTB branches.

Moinuddin Mohammed Rahgir, Chief Financial Officer of bKash Limited and Syed Rafiqul Haq, Deputy Managing Director and Chief Business Officer of Mutual Trust Bank Ltd. (MTB), signed the agreement on behalf of their respective organizations at a simple ceremony held at MTB Centre, Gulshan 1, Dhaka. Kamal Quadir, Chief Executive Officer of bKash Limited and Anis A. Khan, Managing Director & CEO of Mutual Trust Bank Ltd. (MTB), along with senior officials of both the organizations were also present at the event.

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