Mercantile Bank PLC and Xpress Money Services Ltd. have recently launched remittance services. Md. Quamrul Islam Chowdhury, Managing Director of the Bank and Nur E Ferdaushi, Bangladesh Country Head, Xpress Money Services Ltd. have jointly inaugurated the auspicious event through cutting a Cake. This service will facilitate Bangladeshi expatriates living and residing in UAE remitting their hard-earned money to their relatives and family members in Bangladesh safely, quickly and conveniently through any branch, sub branch and agent outlet of Mercantile Bank PLC. Md. Zakir Hossain, Adil Raihan, Shamim Ahmed and Ashim Kumar Saha, DMDs of the Bank and higher officials of both organizations were present on the occasion.

Customer Awareness Week-2024 of Bangladesh Bank has starts in Cox's Bazar in association with Mercantile Bank Customer Awareness Week-2024 of Bangladesh Bank has started in the Chattagram Division aiming to enhance banking awareness among customers. Md. Nurui Amin, Executive Director, Bangladesh Bank was the Chief Guest at the opening ceremony of Awareness Week, held at Sayeman Beach Resort, Cox's Bazar on September 21, 2024. The program was organized by the Financial Integrity and Customer Services Department of Bangladesh Bank in association with Mercantile Bank PLC. The five-day long event is scheduled from 22-26 September, 2024.

Md. Quamrul Islam Chowdhury, Managing Director, Mercantile Bank PLC; Mohammad Ashiqur Rahman, Director, Bangladesh Bank (Chattagram Office) & Mohammad Mohsin Hosaini, Director (FICSD), Bangladesh Bank (Head Office) and Mad UI Hasan, Additional Managing Director, Mercantile Bank PLC were the special guests. Abu Hena Humayun Kabir, Director of Financial Integrity and Customer Services Department (FICSD) of Bangladesh Bank Presided over the event.

Mohammad Mahenur Alam, Additional Director and head of Strategic Communication Team of Financial Integrity and Customer Services Department of Bangladesh Bank gave his welcome speech. In addition to the speakers' discussions, there were customer awareness audiovisual displays and presentations on various aspects of banking services throughout the daylong program. More than 170 officials and customers from Chattagram region branches of different banks and financial institutions were present in the event.

During the discussion, the chief guest mentioned customers as the blood of banking services, saying that customer awareness is highly important in banking services. He also emphasized on bankers' responsibility for developing customers' awareness along with their own awareness of everyday banking duties.

Mercantile Bank PLC has achieved “Certificate of Merit” Award under category of Best Presented Annual Report: Private Sector Banks and Corporate Governance Disclosures in prestigious 24th ICAB National Award. Dr. Salehuddin Ahmed, Honorable Finance & Commerce Adviser to the Interim Government, handed over both awards to Tapash Chandra Paul, PhD, CFO of Mercantile Bank PLC at Pan Pacific Sonargaon Hotel, Dhaka on 10 September 2024. ICAB President Mohammad Forkan Uddin FCA presided over the program along with others renowned guests were also presented in the ceremony.

Mr. Md. Anwarul Haque has been elected as Chairman of Mercantile Bank PLC in its 448th Board meeting of the Bank held today (Sunday, 01.09.2024). Prior to this new responsibility he was the Vice Chairman, Chairman of the Executive Committee and Risk Management Committee of the Bank. Eng. Anwarul Haque is the Managing Director of Living Plus Ltd. Besides this, he is involved in different financial institution and businesses. Furthermore, he has deep affinity and attachment with various socio-cultural activities like Gulshan Club Ltd., Dhanmondi Club Ltd. and Uttara Model Club Ltd.

Mercantile Bank PLC has donated total Tk.2.00 crore for the relief and rehabilitation to the flood victims. Md. Quamrul Islam Chowdhury, Managing Director and Mati Ul Hasan, Additional Managing Director of the Bank has been deposited one day’s salary of the Bank’s officials in it to the Chief Adviser’s Relief Fund. Subhash Chandra Das, Deputy Managing Director, Sonali Bank PLC received the said cheque.

Mercantile Bank also distributing relief materials from bank’s CSR fund among flood-affected peoples in that areas through local branch and sub branch of the bank’s. The decision was taken to allocate money for the flood victims in the meeting of the Executive Committee of the bank was held on 22nd August 2024.

The Half Yearly Performance Review Meeting-2024 of Mercantile Bank PLC was held at Hotel Momo Inn Bogura on July 13, 2024. The Head of 16 branches and In-charges of 8 Upashakhas of Bank’s North Bangal zone participated in the conference. Md. Quamrul Islam Chowdhury, Managing Director of the bank was the chief guest of the conference. Mati Ul Hasan, AMD & CRO of the bank spoke as the special guest. Md. Mahmood Alam Chowdhury, DMD & COO, Dr. Tapash Chandra Paul, PhD, CFO of the bank were also present as the special guests. Md. Motiar Rahman, Head of North Bengal Zone presided over the meeting. In his address Bank’s Managing Director urges to the managers to emphasize on SME financing and agriculture. At the same time he advised the participants to enhance Export-Import business and collect remittance.

Exchange House (UK) Limited in MBL’s 443rd Board Meeting held recently. He was the former Chairman of the Bank and contributed heavily towards the efficiency and optimization of Mercantile Bank during his tenure playing different role as the chairman of various committees of the bank. M. Amanullah, the founder of the conglomerate, Aman Group of Companies, is a very respected and distinguished industrialist in Bangladesh. His business acumen has lead to the successful launch of various, diversified businesses under the umbrella of Aman Group of Companies and he holds the position of Chairman of all the companies under the group. He is one of the Directors of "Amader Shomoy', one of the top circulating dailies in Bangladesh. M. Amanullah is the CIP and the founder Chairman of Gulshan North Club.

Mercantile Bank PLC has introduced a new Bangla QR Code based service to enhance the convenience and technological advancement of their banking facilities. Now, customers of Mercantile Bank can purchase and make payment utilizing `MBL Rainbow’ app easier than ever through Bangla QR Code service. Md. Quamrul Islam Chowdhury, Managing Director of the bank inaugurates the service July 09, 2024 at Bank’s Head Office. Mati Ul Hasan, AMD, Adil Raihan, Shamim Ahmed, Md. Mahmood Alam Chowdhury and Ashim Kumar Saha, Deputy Managing Directors; CFO Tapash Chandra Paul, PhD; Mohammad Iqbal Rezwan, SEVP; Abu Asghar G. Haruni, Company Secretary & Head of HR, Mostafizur Rahman, Head of Card Division and Digital Banking & Innovation Division, along with other senior officials of the bank, were also present at the ceremony.

In his speech, Md. Quamrul Islam Chowdhury mentioned that the introduction of the `Bangla QR code’ service is aimed at simplifying shopping and various payment processes for customers. He emphasized that customers have the convenience of making payments at any merchant point displaying the ‘Bangla QR Code’. MBPLC customers can avail of this service by using their Savings or Current Account deposits through the `MBL Rainbow’ app, which is the digital banking service of the bank. the `Bangla QR Code’ service is free and secure, with customers receiving SMS notifications for each transaction. Customers can spend up to BDT 20,000 per day and BDT 100,000 per month through this service. Furthermore, he highlighted that the ‘Bangla QR Code’ service is both free and secure, with customers receiving SMS notifications for each transaction. Customers are permitted to spend up to BDT 20,000 per day and BDT 100,000 per month using this service

M. A. Khan Belal has been elected as the Chairman of the Executive Committee of the Board of Directors of Mecantile Bank PLC in its 443rd board meeting held at Bank’s head office on 30.06.2024. Prior to this election he was the Chairman of Mercantile Bank Securities Limited. With a commendable experience in trade, industry, shipping and banking he established various companies in Bangladesh and he is the chairman of Samrat Group of Companies. Besides business entity he is well recognized for his benevolent contribution to the society through different Social Welfare activities, Education, Health & Social Development movements. He is the Executive Member of Mohammedan Sporting Club Limited Dhaka and the former Vice President of Noakhali Zilla Samiti. M. A. Khan Belal is the founder of several school, Madrasa, Mosque other socio-cultural organization in Begumganj.

Al-Haj Akram Hossain (Humayun) & Md. Abdul Hannan have been elected as Vice Chairmen of the Board of Directors of Mercantile Bank PLC in its 443^rd board meeting held at Bank’s head office on 30.06.2024. They both are eminent businessmen and sponsor directors of the Bank.

Al-Haj Akram Hossain (Humayun), Vice Chairman : Freedom Fighter, Eminent businessman and Vice Chairman of Mercantile Bank PLC, Al-Haj Akram Hossain (Humayun) is the Chairman & Managing Director of FARS Group. He is engaged with real estate business. Besides business entity he is well recognized for his benevolent contribution to the society through different social welfare activities, education, health & social development movements.

Md. Abdul Hannan, Vice Chairman : Renowned businessman and Vice Chairman of Mercantile Bank PLC Md. Abdul Hannan is the Chairman and Managing Director of Dabstar & Associates Limited along with Murad Apparels Limited. He is also involved with several export oriented ready-made garment & other businesses. Besides this, he is well recognized for his benevolent contribution to the society through different social welfare, education and health related activities.