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Mercantile Bank and BB Sign Participatory Agreement

  • 27-Aug-2026


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.