Mutual Trust Bank Partners with ITFC to Enhance Trade Finance for Bangladeshi SMEs
2025-03-05
The Daily Star
In a bid to bolster trade finance for small and medium enterprises (SMEs) in Bangladesh, Mutual Trust Bank PLC has inked a master murabaha agreement with the International Islamic Trade Finance Corporation (ITFC), a key member of the Islamic Development Bank (IsDB) Group. This strategic partnership aims to provide vital financial support to the private sector, fostering economic growth and development in the region. By leveraging ITFC's expertise, Mutual Trust Bank seeks to enhance its trade finance offerings, catering to the unique needs of Bangladeshi SMEs and promoting economic prosperity. This collaboration is expected to have a positive impact on the country's trade landscape, with a focus on Islamic finance and trade facilitation.
