Business Desk :
The 19th Annual General Meeting of Mercantile Bank Limited was held at city’s FARS Hotel & Resorts on Monday in presence of a large number of shareholders of the bank. The Profit and Loss A/c, Balance Sheet as on December 31, 2017 and 22 percent Dividend (17 percent Cash and 5 percent Stock) has been approved by the shareholders. The meeting was presided over by banks Board of Directors Chairman AKM Shaheed Reza, while Managing Director and CEO of the bank Kazi Masihur Rahman delivered his welcome speech on the AGM.
In his speech, Chairman mentioned that, the success of the Bank in the year 2017 is the result of co-operation and support of its shareholders, clients, Bangladesh Bank and other regulatory bodies and he thanked the Board of Directors and the management for their collective effort towards the achievement of the Bank. He mentioned that the bank is emphasizing on Agriculture, Women entrepreneurs and SME and Retail sectors in the line of the policy of the Government and Central Bank to strengthen the economy of the country. He expressed his firm belief that, Mercantile Bank Limited will be able to face the challenges of 21st century by developing the quality of its services and human resources and implementing use of latest technology and managing risks.
Md. Abdul Hannan, ASM Feroz Alam, Vice-Chairmen, Md. Anwarul Haque, Executive Committee Chairman, Dr. Mahmood Osman Imam, Audit Committee Chairman, M Amanullah, Risk Management Committee Chairman, Shahidul Ahsan, Akram Hossain (Humayun), Mohd. Selim, Mosharref Hossain and Dr. Md. Rahmat Ullah, Directors of the bank among others were also present on the AGM.
MA Khan Belal, Md Jalal Hossain Khan Mia, shareholders, Md. Quamrul Islam Chowdhury, Mati Ul Hasan, Additional Managing Directors, Gaus-Ul-Wara Md. Mortaza, Md. Zakir Hossain, Adil Raihan, Deputy Managing Directors, Saiful Alam, Company Secretary, Senior Executive and Officers of the bank were also present on the meeting.
The 19th Annual General Meeting of Mercantile Bank Limited was held at city’s FARS Hotel & Resorts on Monday in presence of a large number of shareholders of the bank. The Profit and Loss A/c, Balance Sheet as on December 31, 2017 and 22 percent Dividend (17 percent Cash and 5 percent Stock) has been approved by the shareholders. The meeting was presided over by banks Board of Directors Chairman AKM Shaheed Reza, while Managing Director and CEO of the bank Kazi Masihur Rahman delivered his welcome speech on the AGM.
In his speech, Chairman mentioned that, the success of the Bank in the year 2017 is the result of co-operation and support of its shareholders, clients, Bangladesh Bank and other regulatory bodies and he thanked the Board of Directors and the management for their collective effort towards the achievement of the Bank. He mentioned that the bank is emphasizing on Agriculture, Women entrepreneurs and SME and Retail sectors in the line of the policy of the Government and Central Bank to strengthen the economy of the country. He expressed his firm belief that, Mercantile Bank Limited will be able to face the challenges of 21st century by developing the quality of its services and human resources and implementing use of latest technology and managing risks.
Md. Abdul Hannan, ASM Feroz Alam, Vice-Chairmen, Md. Anwarul Haque, Executive Committee Chairman, Dr. Mahmood Osman Imam, Audit Committee Chairman, M Amanullah, Risk Management Committee Chairman, Shahidul Ahsan, Akram Hossain (Humayun), Mohd. Selim, Mosharref Hossain and Dr. Md. Rahmat Ullah, Directors of the bank among others were also present on the AGM.
MA Khan Belal, Md Jalal Hossain Khan Mia, shareholders, Md. Quamrul Islam Chowdhury, Mati Ul Hasan, Additional Managing Directors, Gaus-Ul-Wara Md. Mortaza, Md. Zakir Hossain, Adil Raihan, Deputy Managing Directors, Saiful Alam, Company Secretary, Senior Executive and Officers of the bank were also present on the meeting.
