Mercantile Bank Limited recently signed an Agreement with Bangladesh Bank to disburse loans under the ‘Refinance Scheme against Term Loans to cottage, Micro, Small and Medium Enterprises (CMSME) sectors’ on September 28, 2022. Abdur Rouf Talukder, Governor of Bangladesh Bank was present at the signing ceremony as the chief guest. Md. Quamrul Islam Chowdhury, Managing Director and CEO of Mercantile Bank Limited and Md. Jaker Hossaain, Director of SME & Special Programs Department of the central bank signed the agreement on behalf of their respective organizations. Abu Farah Md. Nasser, Deputy Governor of Bangladesh Bank was also present on the occasion as the special guest.

Mercantile Bank Limited has implemented ‘Tree Plantation’ program in Mercantile Bank General Hospital (proposed) Premises at Uttara in Dhaka to observe National Mourning Day on the occasion of 47^th Martyrdom Anniversary of the Father of the Nation, Bangabandhu Sheikh Mujibur Rahman. Bank’s Chairman Morshed Alam, MP inaugurated the program as the chief guest on August 26, 2022.  Alhaj Mosharref Hossain, Director, Md. Quamrul Islam Chowdhury, Managing Director & CEO and Mati ul Hasan, Additional Managing Director & CRO of the Bank spoke on the occasions.

Bank’s Deputy Managing Directors Adil Raihan, Shamim Ahmed, Hasne Alam & Md. Mahmood Alam Chowdhury, CFO Tapash Chandra Paul, PhD, SEVPs Asim Kumar Saha, Shah Md. Sohel Khurshid & Mohammad Iqbal Rezwan, Company Secretary Abu Asghar G. Haruni, K.M. Kutub Uddin Romel, CEO, Mercantile Bank Securities Ltd. and Mohammad Samir Uddin, CFA, CEO of MBL Asset Management Ltd. along with other senior executives and officers were also present.

Mercantile Bank Limited has arranged ‘Food Distribution’ program in Mercantile Bank General Hospital (proposed) Premises at Uttara in Dhaka to observe National Mourning Day on the occasion of 47^th Martyrdom Anniversary of the Father of the Nation, Bangabandhu Sheikh Mujibur Rahman. Bank’s Chairman Morshed Alam, MP inaugurated the program as the chief guest on August 26, 2022.  Alhaj Mosharref Hossain, Director, Md. Quamrul Islam Chowdhury, Managing Director & CEO and Mati Ul Hasan, Additional Managing Director & CRO of the Bank spoke on the occasions.

Bank’s Deputy Managing Directors Adil Raihan, Shamim Ahmed, Hasne Alam & Md. Mahmood Alam Chowdhury, CFO Tapash Chandra Paul, PhD, SEVPs Asim Kumar Saha, Shah Md. Sohel Khurshid & Mohammad Iqbal Rezwan, Company Secretary Abu Asghar G. Haruni, K.M. Kutub Uddin Romel, CEO, Mercantile Bank Securities Ltd. and Mohammad Samir Uddin, CFA, CEO of MBL Asset Management Ltd. along with other senior executives and officers were also present.

The “Nikunja Branch” of Mercantile Bank Limited has been extended its working space to ensure convenient customer services August 24, 2022. Bank’s Chairman Morshed Alam M.P. inaugurated the newly designed and expanded branch joining virtually in a Dua Mahfil arranged on the occasion of the Nikunja branch extension. Md. Quamrul Islam Chowdhury, MD & CEO of of the bank presided over the program. Md. Abdul Hannan, Vice Chairman; Md. Anwarul Haq, Chairman, Executive Committee; M. Amanullah, Chairman, Risk Management Committee and M. A. Khan Belal, Chairman, Mercantile Bank Securities Ltd.; spoke as the special guests. Among others Richard D Rozario, President, DBA & MD of Global Securities Ltd., Mahbub E Elahi MD of Subvalley Securities Ltd. and Saifur Rahman Majumder, COO of Dhaka Stock Exchange Ltd., spoke on the occasion.

Faruq Ahmed, FVP & Head of Nikunja Branch gave his vote of thanks. Mati Ul Hasan, AMD, Adil Raihan, Shamim Ahmed, Hasne Alam and Md. Mahmood Alam Chowdhury, DMDs, Tapash Chandra Paul PhD, CFO of the bank, Asim Kumar Saha, Shah Md. Sohel Khurshid & Mohammad Iqbal Rezwan, SEVPs and Abu Asghar G. Haruni, Company Secretary, Zonal Heads, HOBs & Uposhakha Incharges of the bank, invited guests, valued customers along with senior executives of the bank were connected virtually on the ceremony.

Mercantile Bank Limited recently inaugurated two more Uposhakhas to provide easy banking services to the customers. The Uposhakhas are ‘Jigatola Uposhakha’ in Dhaka and ‘Gharishar Bazar Uposhakha’ in Shariatpur. Bank’s Chairman Morshed Alam M.P., virtually launched the uposhakhas as the chief guest. Bank’s Managing Director & CEO Md. Quamrul Islam Chowdhury opened the banking activities of the uposhakhas virtually by cutting ribbon in a ceremony arranged at the Head Office of the bank. M. Amanullah, Chairman, Risk Management Committee; Al-Haj Akram Hossain (Humayun), M. A. Khan Belal and Mohammad Abdul Awal Directors of the bank spoke as the special guests.  

Mati Ul Hasan, AMD, Adil Raihan, Shamim Ahmed, Hasne Alam and Md. Mahmood Alam Chowdhury, DMDs, Tapash Chandra Paul, PhD, CFO of the bank, Ashim Kumar Saha, Shah Md. Sohel Khurshid & Mohammad Iqbal Rezwan, SEVPs and Abu Asghar G. Haruni, Company Secretary of the bank, invited guests, valued customers, two HOBs of controlling branch of the uposhakhas, in-charges of the uposhakhas along with senior executives of the bank were connected virtually on the opening ceremony on 11 August.

Mercantile Bank Limited paid homage to Father of the Nation Bangabandhu Sheikh Mujibur Rahman by placing a wreath of flowers to a momentary pulpit at ‘Bangabandhu Corner’ in its Head Office August 14, 2022 to observe the National Mourning Day on the occasion of the 47^th Martyrdom Anniversary of Bangabandhu. Md. Quamrul Islam Chowdhury, Managing Director & CEO of Mercantile Bank along with the Senior Executives of the bank paid their rich tribute to Bangabandhu. The participants stood in solemn silence for a minute as a mark of profound respect to the memory of the architect of Bangladesh's independence in 1971. Bank’s Additional Managing Director & CRO Mati Ul Hasan, Deputy Managing Directors Adil Raihan, Shamim Ahmed, Hasne Alam, Md. Mahmood Alam Chowdhury, CFO Tapash Chandra Paul PhD, SEVPs Shah Md. Sohel Khurshid & Mohammad Iqbal Rezwan, Company Secretary Abu Asghar G. Haruni, K.M. Kutub Uddin Romel, CEO, Mercantile Bank Securities Ltd. and Mohammad Samir Uddin, CFA, CEO of MBL Asset Management Ltd. along with other senior executives and Officers were also present.

Mercantile Bank Limited has organized a discussion meeting on “Bangabandhu’s Life & Works” along with a dua Mahfil in its Head Office on August 14, 2022 to observe the National Mourning Day on the occasion of the 47^th Martyrdom Anniversary of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman. Md. Quamrul Islam Chowdhury, Managing Director & CEO of Mercantile Bank joined the program as the chief guest and discussed on the Life & Works of Bangabandhu Sheikh Mujibur Rahman. The participants pray for the departed soul of Bangabandhu and for his family and relatives on the Dua Mahfil. Professor Dr. Md. Abdul Qader, Chairman of Arabic Department, University of Dhaka, presided over the Dua Mahfil. Bank’s Additional Managing Director & CRO Mati Ul Hasan, Deputy Managing Directors Adil Raihan, Shamim Ahmed, Hasne Alam, Md. Mahmood Alam Chowdhury, CFO Tapash Chandra Paul, PhD, SEVPs Asim Kumar Saha, Shah Md. Sohel Khurshid & Mohammad Iqbal Rezwan, Company Secretary Abu Asghar G. Haruni, K.M. Kutub Uddin Romel, CEO, Mercantile Bank Securities Ltd. and Mohammad Samir Uddin, CFA, CEO of MBL Asset Management Ltd. along with other senior executives and Officers were also present.

The “International Airport Road Branch” of Mercantile Bank Limited has been shifted at new location recently. M. Amanullah, Director of the bank and Chairman of Risk Management Committee inaugurated the branch at new location virtually as the Chief Guest while Md. Quamrul Islam Chowdhury, MD & CEO of Mercantile Bank presided over the program. M. A. Khan Belal, Director of the bank & Chairman of Mercantile Bank Securities Ltd and Ex-MP Siraj Uddin Ahmed spoke as the special guests. Al Mansur, VP & Head of International Airport Road Branch gave his vote of thanks. Mati Ul Hasan, AMD, Adil Raihan, Shamim Ahmed, Hasne Alam and Md. Mahmood Alam Chowdhury, DMDs, Tapash Chandra Paul PhD, CFO of the bank, Shah Md. Sohel Khurshid, SEVP and Abu Asghar G. Haruni, Company Secretary of the bank, invited guests, valued customers along with senior executives of the bank were connected virtually on the branch shifting ceremony on 14 August, 2022. New address of International Airport Road Branch is – Gulbahar Centre, Holding No – 154, International Airport Road, Ward no – 20, Banani, Dhaka.

Mercantile Bank Limited recently signed an Agreement with SME Foundation to avail cost free revolving Fund of Govt. Stimulus Package for supporting small and medium entrepreneurs who were affected by Covid-19 pandemic. Dr. Mofijur Rahman, Managing Director of SME Foundation and Md. Quamrul Islam Chowdhury, Managing Director & CEO of Mercantile Bank signed the agreement on behalf of their respective organizations. In an occasion arranged at capital’s Pan Pasific Sonargaon Hotel Adil Raihan, DMD & CSBO of Mercantile Bank and Managing Director of SME Foundation exchanged the covenant. Mohammad Faruque Ahmmed, SVP & Head of SME Financing Division of Mercantile Bank along with senior officials from both the organizations were also present.

Mosammat Shaheda Begum, mother of Mercantile Bank’s Vice Chairman A. S. M. Feroz Alam, passed away on August 04, 2022 at United Hospital in Dhaka. She was 85. She had been suffering from a few old age complications. She has left a son, many relatives and well wishers. The first janaja of the deceased was held at Gulshan Central Mosque (Azad Masjid) after Johar prayer. The second janaja was held on 10 AM on August 05, 2022 at Eidgah Maydan adjascent to Alhaj Mohammad Ali Jame Masjid of Zahangir Nagar in Kalaiya of Baufal in Patuakhali. She is buried in her family graveyard. The Board of Directors, all Executives, Officers & Employees of Mercantile Bank Limited expressed deep mourn for the demise of the mother of Mercantile Bank’s Vice Chairman A. S. M. Feroz Alam and heartfelt condolences to the bereaved family.