News Details

Mercantile Bank Ltd. & National Life Insurance Co. Ltd. sign an agreement

  • 08-Mar-2022

Mercantile Bank Limited has signed an agreement with National Life Insurance Company Limited March 08, 2022.  In presence of Morshed Alam MP, Chairman of Mercantile Bank Limited, Md. Quamrul Islam Chowdhury, Managing Director & CEO of MBL and Md. Kazim Uddin, Chief Executive Officer of National Life Insurance signed the agreement on behalf of their respective organizations. Under this agreement, MBL Credit Cardholders will enjoy credit insurance facilities through National Life Insurance Company Limited, in case of specific unanticipated events. This arrangement will enable MBL credit cardholders to enjoy life insurance coverage up to BDT 5Lac.

Mati Ul Hasan, Additional Managing Director & CRO, Adil Raihan, Hasne Alam & Md. Mahmood Alam Chowdhury; Deputy Managing Directors, Ashim Kumar Saha, SEVP & Head of Treasury Division, Shah Md. Sohel Khurshid, SEVP & Head of  Corporate Banking Division, Mohammad Iqbal Rezwan, SEVP & Head of HRD, Tapash Chandra Paul, PhD, CFO, Abu Asghar G. Haruni, SVP & Company Secretary and Mostafizur Rahman, SVP & Head of Card Division from Mercantile Bank and Probir Chandra Das, FCA, CFO & SEVP and Kazi Mohammad Mohsin, Group Division Head & Vice President of National Life Insurance along with other senior officials from both the organizations were also present at the occasion.

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