MTB Board approves plan to raise BDT 346cr in Tier-I Capital

Dhaka : The Board of Directors of Mutual Trust Bank PLC (MTB) has approved a proposal to raise Tier-I Capital amounting to BDT 346 crore (BDT 3,460 million) to further strengthen the Bank's core capital base.

The decision was taken at the 330th meeting of the Board, held on January 21, 2026, and represents 32 percent of the Bank's paid-up capital, subject to approval from the relevant regulatory authorities.

Commenting on the decision, Syed Mahbubur Rahman, Managing Director and CEO of Mutual Trust Bank PLC, said, the move was driven by the need to further strengthen the Bank's risk-based capital position amid a changing economic and regulatory environment.

He added that the capital may be raised through a rights issue, Repeat Public Offering (RPO), Strategic Investment, or any other suitable instrument, in line with the regulations of the Bangladesh Securities and Exchange Commission (BSEC).