Dhaka, March 18 -- Mutual Trust Bank PLC (MTB) has signed an agreement with RANCON Motor Bikes Ltd under a distributor financing programme.

RANCON Motor Bikes Ltd is the sole distributor of SUZUKI motor cycles in Bangladesh. Mutual Trust Bank PLC is going to finance the distributors under this programme, according to a press release.

Md. Khalid Mahmood Khan, AMD and CBO of MTB, and Quazi Ashiq Ur Rahman, Executive Director of RANCON Motor Bikes Ltd, signed the agreement on behalf of their respective organisations in the presence of Syed Mahbubur Rahman, Managing Director and CEO of Mutual Trust Bank PLC (MTB).

Others present at the event included Abdul Mannan, DMD & Head of Branch Banking Division, Md. Habibur Rahman, divisional head o...