Mutual Trust Bank PLC (MTB) has received the prestigious title of "Best Performance in Risk Management" from the Indian Chamber of Commerce (ICC), acknowledging the bank's robust risk management practices.
MTB's success stems from its comprehensive Risk Governance Framework, ensuring accountability at all levels and addressing critical risks such as credit, market, operational, liquidity, and reputational risks.
Advanced quantitative and qualitative tools are used for precise evaluations, alongside regularly updated internal controls and real-time oversight through its Risk Measurement and Monitoring systems.
MTB's promotion of a Risk-Aware Culture, driven by continuous training and alignment with strategic goals, has been crucial in achieving this recognition. The bank's adherence to regulatory compliance and the proactive use of technology, including enhanced cybersecurity measures, further bolsters its security and operational resilience.
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Syed Mahbubur Rahman, Managing Director & CEO of MTB, expressed his gratitude, stating, "This award is a testament to our dedication to effective risk management and protecting our customers' interests. We are honoured to be recognized by the ICC."
