Mutual Trust Bank (MTB) recently signed an agreement with Islamic Exchange Qatar to receive remittances from Qatar.

Under the agreement, Bangladeshi expatriates who live in Qatar will be able to send their money securely and safely through Islamic Exchange Qatar, said a press release.

Quamrul Islam Chowdhury, deputy

managing director of

MTB and Yusuf P Hameed, CEO of Islamic Exchange Qatar signed the agreement on behalf of their respective organisations at a function at MTB Centre in the city.

Md Hashem Chowdhury, deputy managing director of MTB, AKM Shameem, senior executive vice president and head of

MTB’s NRB Banking Division and senior officials of both the companies

were also present on the occasion.

MTB customers, the beneficiaries of NRBs and visitors to Bangladesh will be able to receive money from any of the 68 branches of the bank in Bangladesh. This agreement will help boost remittance inflow in the country.

News: Daily Sun/ Bangladesh/ 12-Oct-2011