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MTB partners BYD to drive electric vehicle financing push

MTB partners BYD to drive electric vehicle financing push
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Mutual Trust Bank (MTB) PLC has signed a memorandum of understanding with BYD Bangladesh to promote green mobility in Bangladesh through vehicle financing solutions and support for environmentally sustainable transportation, the bank said in a press release.

The agreement was signed on 24 June 2026 at CG Runner BD Ltd in Tejgaon, Dhaka, enabling MTB customers to access special offers on BYD vehicles, attractive financing rates and faster loan processing facilities.

The MoU 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.

The ceremony was also attended by Tahsin Shahid, Head of Retail Business of MTB, and Ferdows Ur Rahman, FCA, Chief Financial Officer of CG Runner BD Ltd, along with senior officials from both organisations.

The bank said the partnership reflects its continued commitment to green banking and sustainable financing by encouraging electric vehicle adoption and supporting Bangladesh’s transition towards a cleaner and greener future.

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