MTB signs deal with Millennium Information Solution

FE Team | Published: November 04, 2020 22:27:38

Mutual Trust Bank Limited (MTB) recently signed an agreement with Millennium Information Solution through a virtual signing ceremony. Mahmud Hossain, Managing Director & CEO, Millennium Information Solution, and Syed Mahbubur Rahman, Managing Director & CEO, Mutual Trust Bank Limited, signed the agreement on behalf of their respective organisations.

Mutual Trust Bank Limited (MTB) has recently signed an agreement with Millennium Information Solution through a virtual signing ceremony. Mahmud Hossain, Managing Director & CEO, Millennium Information Solution and Syed Mahbubur Rahman, Managing Director & CEO, Mutual Trust Bank Limited, signed the agreement on behalf of their respective organisations. Under this agreement, Millennium Information Solution will incorporate the Internationally Shariah Compliant and Award-winning Islamic Core Banking System (CBS), named Ababil, for the operation of the MTB Islamic Banking Wing titled 'MTB Yaqeen'. Mutual Trust Bank Limited, through the installation of Ababil, will be well equipped to serve Shariah-compliant banking services to its customers under the banner of 'MTB Yaqeen'. — Statement