Mercantile Bank Limited (MBL) has recently signed an agreement with National Life Insurance Company Limited.
The agreement was signed by the Managing Director and CEO of the Bank Quamrul Islam Chowdhury, and CEO of National Life Insurance Company Ltd Kazim Uddin, on behalf of their respective organizations at the bank’s board room, head office, Dhaka.
As per the agreement, Mercantile Bank will facilitate the collection of life insurance premium from the customers of National Life Insurance Company Limited through Real Time Online Banking System, Mobile Financial Service “MyCash”, Digital Banking Apps (MBL Rainbow), Agent Banking and other delivery channels, said a press release.
Additional Managing Director Mati ul Hasan, Deputy Managing Directors GWM Mortaza, Adil Raihan and Shamim Ahmed, SEVP and Head of HRD Mohammad Iqbal Rezwan, Head of Mobile Banking Division (acting) Mahedi Hasan, AVP and Head of ILM Division (Acting) Tapon James Rozario from Bank and Deputy Managing Director Khasru Chowdhury and Senior Executive Vice President and CFO Probir Chandra Das, Kazi Md Mohsin, from National Life Insurance along with other senior officials of both the organizations were present in the ceremony.
