Jiban Bima Corporation, Mutual Trust Bank sign cash management deal
Jiban Bima Corporation has partnered with Mutual Trust Bank PLC to streamline real-time collection of insurance premiums nationwide through advanced cash management solutions.
The agreement was formalised at Six Seasons Hotel in Gulshan on 21 June 2026, according to a press release.
Md Sayeed Qutub, Managing Director of Jiban Bima Corporation and Additional Secretary to the Government of the People's Republic of Bangladesh, and Syed Mahbubur Rahman, Managing Director of Mutual Trust Bank PLC, attended the signing ceremony.
Keep updated, follow The Business Standard's Google news channel
Under the agreement, Mutual Trust Bank PLC will deliver cash management services through multiple channels, including branches, Bangladesh Electronic Funds Transfer Network, Real Time Gross Settlement, and the e-Banking platform.
This service will enable insurance premiums to be collected securely from any location, at any time.
Jiban Bima Corporation policyholders can now deposit insurance premiums in real time at all Mutual Trust Bank PLC branches and via the e-Banking application,, utilising payment methods such as cash, bKash, Upay, Rocket,, or OK Wallet.
The signing ceremony was attended by general managers, deputy general managers, and senior officials from Jiban Bima Corporation, as well as senior representatives from Mutual Trust Bank PLC.
