Dhaka, June 24, 2026: Mutual Trust Bank PLC (MTB) has signed a Memorandum of Understanding (MoU) with BYD Bangladesh to facilitate vehicle financing solutions and encourage the adoption of environmentally sustainable transportation across the country.
The agreement aims to make electric vehicle ownership more accessible by offering MTB customers special benefits on the purchase of BYD vehicles, including attractive financing rates and expedited loan processing facilities.
The MoU signing ceremony was held on June 24, 2026, at the premises of CG Runner BD Ltd. in Tejgaon, Dhaka. The agreement was signed by Md. Shafquat Hossain, Deputy Managing Director and Head of Retail Banking Division of Mutual Trust Bank PLC, and Amid Sakif Khan, Managing Director of CG Runner BD Ltd., on behalf of their respective organizations.
Senior officials from both MTB and BYD Bangladesh attended the ceremony, highlighting the shared commitment of the two organizations to advancing sustainable transportation solutions in Bangladesh.
Through this strategic partnership, MTB seeks to support the growing demand for electric vehicles while contributing to the country’s environmental sustainability goals. The initiative aligns with the bank’s broader green banking agenda and reflects its commitment to financing projects and products that reduce carbon emissions and promote cleaner energy alternatives.
Officials from both organizations expressed optimism that the collaboration will help accelerate the adoption of electric vehicles in Bangladesh, making eco-friendly transportation more accessible to consumers and supporting the nation’s transition toward a greener future.
The partnership also underscores the increasing role of financial institutions in driving sustainable development by providing innovative financing solutions that encourage environmentally responsible choices among consumers.
