Global digital payments service provider Mastercard, in partnership with Mutual Trust Bank PLC (MTB), has introduced a corporate business credit card solution for Renata PLC, one of the leading pharmaceutical companies in Bangladesh.

The new card is designed to enable the drugmaker to manage its business expenses in a more efficient and effective manner, said a press release.

Syed Mahbubur Rahman, managing director and chief executive officer (CEO) of MTB; Syed Kaiser Kabir, managing director and CEO of the drugmaker; and Syed Mohammad Kamal, country manager for Bangladesh at Mastercard, attended the inaugural ceremony in Dhaka recently.

Shafquat Hossain, deputy managing director and head of retail banking of the MTB; Mustafa Alim Aolad, chief financial officer of the pharmaceutical company; and Zakia Sultana, director of Mastercard Bangladesh; alongside other senior officials from the respective organisations, were also present.