Mutual Trust Bank PLC (MTB) has recently achieved a significant milestone, amassing over Tk 100 crore through fixed deposit (FD) and deposit pension scheme (DPS) accounts via its digital banking platform, MTB Neo.

As of March 2025, MTB Neo reported a staggering 668,000+ transactions, culminating in a total transaction volume exceeding Tk 2,203 crore. This represents an impressive 102.14 percent year-on-year growth in transaction volume compared to March 2024, underscoring the burgeoning customer confidence and adoption of the platform, according to a press release.

The sustained upward trajectory in digital engagement reaffirms MTB Neo's standing as a frontrunner in Bangladesh's rapidly evolving digital banking arena.

To commemorate this milestone, the bank organised a celebratory event at its headquarters in Dhaka, marking a pivotal step towards realising MTB's vision of delivering seamless, branchless banking through the nation's most intuitive digital platform.

Reflecting on the achievement, Syed Mahbubur Rahman, managing director and CEO of the bank, remarked, "Surpassing the Tk 100 crore benchmark in FD and DPS via MTB Neo stands as a testament to the unwavering trust our customers place in us."

"It is emblematic of our enduring commitment to advancing banking accessibility, inclusivity, and technological innovation."

He further commented, "We see this as merely the beginning. Through relentless innovation and a customer-centric approach, MTB Neo is poised to redefine the digital banking experience in Bangladesh."

Empowered by the trust of thousands nationwide, MTB Neo continues to play an instrumental role in enabling individuals to manage their finances with ease, transparency, and security anytime, anywhere.

Distinguished by its cutting-edge features designed to address contemporary financial needs, MTB Neo remains at the forefront of digital banking innovation. Among its flagship offerings is the Transaction Tracker, a tool that allows users to monitor and analyse spending behaviour in real time, providing insightful and actionable intelligence for personal financial management.

This functionality is set to be further enhanced with the forthcoming integration of an AI-powered personal finance manager, enabling users to make more informed, data-driven financial decisions.

Additionally, the Fast Fund service exemplifies MTB Neo's commitment to convenience, allowing instantaneous transfers from credit cards to any bank account or mobile financial service (MFS) wallet, thereby offering immediate access to liquidity with unparalleled ease.

This ongoing momentum in deposit mobilisation and transaction volume reinforces MTB Neo's reputation as a dependable and forward-looking financial partner. The platform's secure onboarding process, attractive deposit schemes, and customer-focused design continue to play a central role in the digital transformation journey of Mutual Trust Bank PLC.