Mutual Trust Bank PLC and Petrochem Bangladesh Limited have joined hands to ease financing access for farmers and retailers. This partnership will enable accessible credit facilities nationwide to procure agro-inputs from Petrochem’s authorized dealers. This initiative aims to boost agricultural productivity by ensuring consistent access to superior quality of micro-nutrient fertilizers, pesticides, Herbicides, fungicides, plant growth regulators and seeds.
Petrochem Bangladesh Limited, a key player in the agro-input sector, will leverage its nationwide dealer network to ensure timely delivery and comprehensive farmer support. Together, MTB and Petrochem will drive novelty in agri-financing and improve farmer livelihoods.
The agreement was exchanged by Md. Khalid Mahmood Khan, AMD & Chief Business Officer of MTB, and Saif Uddowlah, Managing Director of Petrochem Group, in the presence of Syed Mahbubur Rahman, Managing Director & CEO of Mutual Trust Bank PLC.
Others present at the event included Chowdhury Akhtar Asif, AMD & Group Chief Risk Officer; Abdul Mannan, DMD & Head of Branch Banking Division; Sanjib Kumar Dey, Head of SME & Agri Banking Division from MTB; and Md. Shakhawat Hossain, Deputy General Manager from Petrochem, along with other officials from MTB were also present during the MoU signing ceremony.