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Mercantile Bank, Chartered Life Insurance sign agreement

Mercantile Bank Limited has signed an agreement with Chartered Life Insurance Company Limited on 28th March at Bank’s Head Office, Dhaka.

Md. Quamrul Islam Chowdhury, Managing Director & CEO of Mercantile Bank and S M Ziaul Hoque, FLMI, CEO of Chartered Life Insurance signed the agreement on behalf of their respective organizations.

As per the agreement, Mercantile Bank will facilitate the collection of insurance premium and disbursement of various claim settlement, other charges, bonus, pensions, employees salary, general expenditures, etc. through online banking, mobile financial services “MyCash”, digital banking platform “MBL Rainbow”, agent banking outlets, Debit & Credit card and other delivery channels.

Adil Raihan, DMD & CSBO, Shamim Ahmed, DMD & CAMLCO, Hasne Alam, DMD & CBO, Tapash Chandra Paul, PhD, Chief Financial Officer, SEVP & Head of Treasury Division Ashim Kumar Saha, SEVP & Head of  Corporate Banking Division Shah Md. Sohel Khurshid, SEVP & Head of HRD Mohammad Iqbal Rezwan, AVP and Head of ILMD, Tapon James Rozario, from MBL and Mohammad Amdad Ullah, DMD, Md. Monzur Ahmed, SEVP & CFO, Rajan Chandra Saha, VP & Head of Corporate Business, S M Sayeed Hossain, VP & Head of ADC Department, Gazi Saifur Rahman, AVP (Finance & Accounts) from Chartered Life  Insurance Company Limited along with other high officials of both the organizations were present at the ceremony.

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