MTB Neo crosses BDT 100 crore milestone in digital deposits
Mutual Trust Bank PLC (MTB) has achieved a significant milestone, surpassing BDT 100 crore in Fixed Deposit (FD) and Deposit Pension Scheme (DPS) accounts through its digital banking platform, MTB Neo.
This accomplishment reflects MTB's commitment to building a future-ready, branchless banking ecosystem across Bangladesh. Powered by growing customer confidence, MTB Neo continues to emerge as a trusted platform for secure, transparent, and convenient financial management—anytime, anywhere.
In March 2025 alone, the platform recorded over 668,000 transactions, with a total transaction volume exceeding BDT 2,203 crore—marking a 102.14 percent increase compared to March 2024. This strong year-on-year growth illustrates the growing adoption of MTB Neo and its growing footprint in the country's digital banking space.
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Syed Mahbubur Rahman, Managing Director and CEO of Mutual Trust Bank PLC, said, "Crossing the BDT 100 crore mark in FD and DPS via MTB Neo is a testament to the trust our customers place in us. It reflects our ongoing commitment to making banking more accessible, inclusive, and future-ready through technology."
He added, "We believe this is just the beginning. With continuous innovation and a customer-first approach, MTB Neo will redefine how people interact with financial services in the digital era."
MTB Neo has introduced several pioneering features aimed at enhancing financial awareness and convenience. Among them is the Transaction Tracker, which allows users to monitor and analyse their spending habits in real time. This will soon be bolstered by an AI-powered Personal Finance Manager (PFM), designed to help users make smarter, data-informed financial decisions.
Another notable innovation is the Fast Fund service, enabling users to instantly transfer funds from credit cards to any bank account or mobile financial service (MFS) wallet—providing unmatched liquidity on demand.
This momentum in deposit mobilisation and transaction growth underscores MTB Neo's growing role as a dependable partner in Bangladesh's digital banking transformation. Its secure onboarding, attractive deposit schemes, and smart financial tools are helping reshape how customers engage with banking in the digital age.
