Wecon Properties Ltd signs MoU with MTB

Wecon Properties Limited, a company of Plan to Perfection (P2P) has signed a Memorandum of Understanding (MoU) with Mutual Trust Bank Limited (MTB).

The MoU was signed in a ceremony at P2P head office in Chittagong on Wednesday.  

Under this MoU, the clients of Wecon Properties Limited will be able to avail home loans with a low processing fee and discounted interest rate from MTB. Likewise, MTB clients will be entitled to buy apartments at a special discounted price from Wecon Properties Limited.

MoU signing ceremony between Mutual Trust Bank and Wecon Properties Ltd Courtesy

The MoU formalizes and validates the existing decisive and organizational relationship between the two reputable companies. Also calls for MTB and Wecon Properties Limited to continue boosting their future collaboration in order to achieve common targets that will enhance consistency and transparency in the market.

Shafquat Hossain, head of SME and Retail, MTB and Mostofa Ashraful Islam Alvi, managing director of Wecon Properties, signed the MoU on behalf of their respective organizations.

Md Towfiqul Alam Chowdhury, head of business, MTB; Md Abu Bokar Siddik, vice president & head of card business, MTB; Md Rabiul Alam, senior assistant vice president, head of ADC, MTB; Syed Mahmud Akhter, senior executive vice president, head of WBD, MTB (Chittagong); Mohammad Ishaque, head of region, MTB (Chittagong); Md Ashfaque Hossain, JAVP, Retail Banking Department, MTB; Fahim Chowdhury, CEO, P2P; Mahadi Iftekhar, director, P2P; Rubayet Abedin, head of operation and business, P2P; and Shakhawat Hossain, manager finance, P2P; along other senior officials from both the organizations were also present at the ceremony.