MTB pens deal with RANGS Group for vendor financing
Mutual Trust Bank Limited (MTB) has recently signed an agreement with RANGS Construction Limited (RCL) & RANGS Motors Limited (RML) to finance customers to buy LONKING brand construction equipment and MAHINDRA & MAHINDRA and VOLVO EICHER brand commercial vehicles.
MTB Managing Director & CEO Syed Mahbubur Rahman, and RCL & RML Managing Director Sohana Rouf Chowdhury signed the agreement on behalf of their respective organisations.
Among others, Deputy Managing Director (Corporate & Commercial Business) Md Khalid Mahmood Khan, MTB Head of SME Banking Division Sanjib Kumar Dey, and RANGS Group FCA, Group CFO & CS Md Shaiful Islam along with other officials of both organisations were also present in the signing ceremony.