MTB publishes 9th Annual Sustainability Report

FE DESK | Published: January 11, 2024 22:29:50

Mutual Trust Bank (MTB) announced the release of its Annual Sustainability Report for the year 2022 following the Global Reporting Initiatives (GRI) standards. The bank has been publishing its Annual Sustainability Report in line with GRI standards since the year 2014 and this is their 9th publication, according to a statement.
The report reflects MTB's commitment to transparent and comprehensive reporting endeavours on its environmental, social and governance (ESG) performance while building long-term value for its stakeholders.
Syed Mahbubur Rahman, managing director and CEO of the bank, said, "At MTB, we are committed to promoting sustainability and ethical standards in banking and continue to prioritise sustainability to create a positive impact on society and the environment."
"The bank strives its best to promote sustainable finance with a view to becoming a socially responsible and sustainable bank. The bank has run an audit to accelerate efficiency for environment, social and governance (ESG). MTB has always been cognizant of its social responsibility, to ensure that it is perceived as a bank with a conscience and a catalyst for change."
"Our main goal is not only to make a profit but rather to be a sustainable bank for the future," Rahman added.
Chowdhury Akhtar Asif, additional managing director and group chief risk officer and chairperson of the bank's Sustainable Finance Committee, said, "Our path towards sustainable banking is driven by the commitment to creating economic and social stability in parallel with conserving the environment. To achieve this goal, MTB seeks to provide financial services that meet evolving customer needs, promote financial inclusion and sustainable products, as well as create shared value and build stakeholder trust through following regulatory and international best practices related to sustainable finance."