Mutual Trust Bank Signs Agreement with Millennium Information Solution

Mutual Trust Bank Limited (MTB) has recently signed an agreement with Millennium Information Solution through a virtual signing ceremony.

Under this agreement, Millennium Information Solution will incorporate the Internationally Shariah Compliant and Award-winning Islamic Core Banking System (CBS) named Ababil for the operation of the MTB Islamic Banking Wing titled ‘MTB Yaqeen’.

Mutual Trust Bank Limited (MTB), through the installation of Ababil, will be well equipped to serve Shariah-compliant banking services to its customers under the banner of ‘MTB Yaqeen’.

Mahmud Hossain, Managing Director & CEO, Millennium Information Solution and Syed Mahbubur Rahman, Managing Director & CEO, Mutual Trust Bank Limited (MTB) signed the agreement on behalf of their respective organizations. Fokhruz Zaman, Director and AHM Shahin, Project Manager from Millennium Information Solution and Additional Managing Directors, Syed Rafiqul Haq & Chowdhury Akhtar Asif and Deputy Managing Director, Tarek Reaz Khan from MTB along with other senior officials from both the organizations were also virtually present at the ceremony.