News Briefs-(04-10-2018)

MTB inks deal with Auto Trade

Mutual Trust Bank Limited (MTB) signed a corporate agreement with Auto Trade International Limited, a renowned multi-brand automobile service center, recently. Under this agreement, all the vehicles of the bank, employees and customers of MTB will get special discounts and priority on any services from the Auto Trade. MTB Managing Director Anis A. Khan and Chairman of Auto Trade Syed Mahmudul Huq signed the agreement on behalf of their respective organisations at the MTB head office at Gulshan-1 in the capital. Managing Director of Auto Trade Syed Ruhul Huq and senior executives of MTB were present at the signing ceremony. — Statement

CRISL rates Nitol Ins 'AA-'

Credit Rating Information and Services Limited (CRISL) has announced the CPA (Claim Paying Ability) Rating of Nitol Insurance Company Ltd. as "AA-" along with a stable outlook in consideration of its audited financials up to December 31, 2017, unaudited financials up to June 30, 2018 and other relevant quantitative as well as qualitative information up to the date of rating declaration.

— DSE Online