FE Today Logo

MTB wins best CMSME financing award in BD

FE DESK | May 06, 2024 00:00:00


Mutual Trust Bank (MTB) has been awarded the title of 'Best Bank in CMSME Financing Bangladesh 2024' by the International Business Magazine, according to a statement.

The award recognises MTB's exceptional support for the Cottage, Micro, Small and Medium Enterprises (CMSME) sector -- a key driver of economic growth in Bangladesh.

This accolade adds to MTB's growing list of recognitions for its dedication to the micro and small ventures, including awards from Global Business Magazine and The Digital Banker.

While constituting 90 per cent of the nation's businesses, CMSMEs often face challenges in accessing finance. MTB tackles these hurdles by building strong relationships with its customers, valuing loyalty, offering quick and easy loans and leveraging digital lending solutions.

The bank provides innovative financial products alongside sound financial practices and efficient fund management, all delivered through a cutting-edge technology platform. MTB collaborates with the Bangladesh Bank, the SME Foundation and other key institutions to secure low-cost funding for CMSMEs. The bank's passionate CMSME team, through their relentless efforts, has established MTB as a trusted partner within this vital sector.


Share if you like