Bangladesh Bank and Mercantile Bank PLC have officially signed a participation agreement under the Tk. 5,000 crore CMSME Working Capital Refinance Fund. This collaboration aims to disburse loans to the CMSME sector at low interest rates and flexible terms.

The agreement signing ceremony was held on September 08, at the A. N. Hamidullah Conference Room in the head office of Bangladesh Bank. Md. Zabdul Islam, Director of the SME & Special Programs Department of Bangladesh Bank and Dr. Md. Zahid Hossain, Deputy Managing Director & CBO of Mercantile Bank, signed the agreement on behalf of their respective organizations. Md. Anis Ur Rahman, Deputy Governor of Bangladesh Bank, graced the occasion as the chief guest.

Nahid Rahman, Executive Director, and Shahanaj Pervin, Additional Director of Bangladesh Bank, along with Mohammad Nizamul Hoque, Head of SME Financing of Mercantile Bank, were also present at the ceremony.

The fund was formed under the BDT 60,000 crore stimulus package declared by Bangladesh Bank to provide working capital, boost production capacity, and generate employment. Under this fund, active CMSME enterprises will receive financing facilities at an interest rate of only 9%.

Bangladesh Bank and Mercantile Bank PLC signed a participatory agreement to form a Tk. 3,000 crore refinancing fund to establish agriculture-based special economic zones in the northern region of the country.

The agreement signing ceremony took place on August 31, at the head office of Bangladesh Bank. Bangladesh Bank Deputy Governor Dr. Md. Kabir Ahmed, Executive Director Arief Hossain Khan, and Agricultural Credit Department-2 Director AKM Saiduzzaman were present at the event. Representing Mercantile Bank were DMD & CBO Dr. Md. Zahid Hossain and Head of Agricultural Credit Division Md. Sajjadur Rahman, along with other senior officials.

This agreement will create new opportunities for easy-term financing for farmers, agri-entrepreneurs, and agro-processing industries in North Bengal. It is expected to play a vital role in increasing local employment and driving overall economic development.

Mercantile Bank PLC has signed a participation agreement today (27/08/2026) with Bangladesh Bank under a Tk. 41,000 crore refinance package. Organized by the Supervisory Data Management and Analytics Department (SDAD), the ceremony took place in the Conference Room of the Central Bank's main building. The initiative mobilizes surplus liquidity to boost large industries, rural economic activities, and CMSMEs.

The ceremony was attended by Bangladesh Bank Deputy Governors Dr. Md. Kabir Ahmed and Md. Sarwar Hossain, Executive Directors Md. Enamul Karim Khan and Md. Abul Bashar, and SDAD Director Md. Abdul Mannan. On behalf of Mercantile Bank, Managing Director Mati Ul Hasan, DMD Ashim Kumar Saha, and Head of Treasury Md. Hasanuzzaman Bakshi were present.

Under this contract, Bangladesh Bank will collect up to Tk. 300 crore from MBPLC’s surplus liquidity for a maximum of three years. The fund will strictly support agricultural growth, rural economic development, and export diversification across the country.

Mercantile Bank PLC has officially commenced its Foundation Training Course for the 15th batch of newly recruited Management Trainee Officers (MTOs) at its Training Institute (MBTI) today (August 19, 2026). A total of 50 MTOs are participating in this comprehensive training program designed to shape the next generation of banking leaders. Mati Ul Hasan, Managing Director of the Bank, graced the inaugural ceremony as the Chief Guest.

The event was chaired by S. M. Salim Uddin, Head of Training & Development, while Md. Zakir Hossain, DMD & CRO; Shamim Ahmed, DMD & CAMLCO; Dr. Md. Zahid Hossain, DMD & CBO; and Shah Md. Sohel Khurshid, DMD & CCO were present as special guests. The ceremony commenced with a welcome address by Shahin Akther, Faculty of MBTI, and was moderated by Faculty Muhammad Miaraz Hossen Gazi.

In the chief guest’s address, he emphasized the critical role of professionalism, integrity, and adaptability in today’s rapidly evolving financial environment. He urged the trainees to cultivate a customer-centric mindset, actively engage in continuous learning, and apply their acquired knowledge practically to drive the future growth of the bank. The extensive training curriculum is strategically structured to equip the new officers with essential competencies required for a successful banking career.

Mercantile Bank PLC has formally entered into a participatory agreement with Bangladesh Bank under a Tk.10,000 (ten thousand) crore refinancing scheme. The signing ceremony took place yesterday (16/08/2026) at the Head Office of Bangladesh Bank.

Present on behalf of Bangladesh Bank were AKM Saiduzzaman, Director of the Agricultural Credit Department-2, and Rafia Sultana, Additional Director. Mercantile Bank was represented by Dr. Md. Zahid Hossain, Deputy Managing Director & CBO, and Md. Sajjadur Rahman, FAVP & Head of the Agricultural Credit Division, alongside other officials from both the organizations.

Bolstering the rural economy has been a core focus since the inception of Mercantile Bank's journey. This agreement directly aligns with the bank's long-term commitment to establishing a robust, sustainable economic atmosphere within marginal communities. Looking ahead, Mercantile Bank will continue to actively support and align itself with all upcoming central bank initiatives to serve and uplift people across all segments of society.

Mercantile Bank PLC organized a workshop titled “Implementation of the Student Banking Guidelines and Execution of Financial Literacy Programs” at its Head Office on August 10, 2026.

Mati Ul Hasan, Managing Director of Mercantile Bank, presided over the workshop. Md. Iqbal Mohasin, Director, Financial Inclusion Department, Bangladesh Bank, attended as the Chief Guest, while Md. Shamim Al Mamun, Deputy Director, Financial Inclusion Department, Bangladesh Bank, was present as the Special Guest. Both of them also served as resource persons and conducted the workshop.

Dr. Md. Zahid Hossain, DMD & CBO of Mercantile Bank, delivered the welcome speech. The speakers highlighted the importance of student banking and financial literacy in promoting financial inclusion and developing sound financial habits among the younger generation.

The bank’s Deputy Managing Directors and other senior officials were also present at the event. The workshop was organized by the Corporate Liability and Cash Management Division of Mercantile Bank.

All Heads of Divisions/Departments/Units/Cells, Regional Heads, Heads of Branches, Uposhakha In-charges, and representatives from all Agent Banking Outlets participated in the workshop virtually.

Mercantile Bank PLC has successfully completed a one-month (100-hour) specialized training program titled “Entrepreneurship Development” in Chattogram, aimed at developing skilled and capable entrepreneurs. The training was conducted under the Skills for Industry Competitiveness and Innovation Program (SICIP), implemented by the Finance Division of the Ministry of Finance with funding from the Asian Development Bank (ADB), under the overall supervision of the SME & Special Programmes Department of Bangladesh Bank. A total of 25 entrepreneurs successfully completed the training and were awarded certificates at the closing ceremony recently.

The event was presided over by Md. Shaiful Alam Chowdhury, SEVP and Head of Chattogram Regional Office, Mercantile Bank. Mohammad Wasim, Joint Director of Bangladesh Bank and Deputy Project Director of SICIP, attended the ceremony as the Chief Guest, while Mohammad Nizamul Hoque, Head of SME Financing Division, Mercantile Bank, was present as the Special Guest.

Branch Managers of Mercantile Bank's Chattogram region, along with officials from the Bank's Head Office and Regional Office, were also present at the ceremony.

Mercantile Bank PLC recently organized a ‘Capacity Building & Motivation Summit’ for its CASA (Current Account and Savings Account) Direct Sales team at its training institute (MBTI). The summit was graced by the bank's Deputy Managing Director and CFO, Tapash Chandra Paul, PhD, who has recently assumed responsibility for the Retail Banking Division of the bank, as the special guest.

Addressing the participants, the Mr. Tapash inspired the Direct Sales Officers to recognize their vital role in driving the bank's growth and strengthening customer relationships. In his speech, he encouraged the officers to see themselves as key players in the banking industry of Bangladesh, emphasizing their dedication.

The program was chaired by S. M. Salim Uddin, Head of Training & Development. Ashim Kumar Saha, Head of Retail Banking, Darpan Kumar Roy, Head of Agent Banking, and Shahin Akther, Faculty Member of MBTI, were also present at the program. A total of 48 participants attended the session. The training program has reaffirmed the bank's commitment to strengthening its retail banking business through continuous learning, employee engagement, and performance excellence.

M. A. Khan Belal has been elected Chairman of the Board of Directors of Mercantile Bank PLC during the bank's 490th board meeting held on 30th July 2026 (Thursday) at its head office, Dhaka. Prior to this election, he served as the Chairman of the Executive Committee of the bank.
With extensive experience across trade, industry, shipping, and banking, M. A. Khan Belal has established various successful companies in Bangladesh and currently serves as the Chairman of the Samrat Group of Companies. He is also the elected President of the Noakhali Zilla Samiti. Beyond his business ventures, he is highly recognized for his benevolent contributions to society through various social welfare initiatives, education, healthcare, and social development activities. Additionally, he is the founder of several schools, madrasas, mosques, and other socio-cultural organizations in Begumganj.