Mutual Trust Bank (MTB) limited has signed two agreements with Grameenphone for trading of government securities and on collection of bills at MTB centre in Dhaka recently.

Under the agreement, the mobile phone operator will invest in government securities through MTB, said a press release.

The agreement was signed to promote the secondary market for government securities in line with the objectives of the Ministry of Finance and Bangladesh Bank.

As per the other agreement, MTB will collect bills for GP's distributors and postpaid subscribers through its 67 branches, ATM booths as well as online banking interface located across the country.

Raihan Shamsi, deputy CEO and CFO, and secretary of the board of trustees, Tauhid Abdallah, director and member of the trustees of gratuity fund of Grameenphone, and MTB's deputy managing director M Ahsan-uz Zaman, signed the agreements on behalf of their respective organisations.

Among others, MTB Managing Director and CEO Anis Khan, and its Deputy Managing Director Quamrul Islam Chowdhury, GP Deputy Director (corporate finance and treasury) Mohammed Mainur Rahman Bhuiyan, General Manager (corporate finance) Nawed Wahed Asif and Manager (payroll and pension) Ruhul Quader, were also present on the occasion.

News: Daily Sun/Bangladesh/ July-10-2011