Business Desk :
The 23rd Annual General Meeting (AGM) of Mercantile Bank Limited was held through virtually on Thursday. The Profit & Loss A/c, Balance Sheet as on December 31, 2021 and 12.5% Cash and 5% bonus dividend have been approved by the shareholders. The meeting was presided over by Morshed Alam M.P. Chairman of the Board of Directors of the bank while its Managing Director & CEO Md. Quamrul Islam Chowdhury delivered his welcome speech at the AGM, said a press release.
ASM Feroz Alam and Md. Abdul Hannan, Vice Chairmen, Akram Hossain (Humayun), EC Chairman, Md. Anwarul Haq, Risk Management Committee Chairman, M. A. Khan Belal, Chairman of Mercantile Bank Securities Limited, M. Amanullah, Md. Nasiruddin Choudhury, Mosharref Hossain, Mohammad Abdul Awal and Dr. Md. Rezaul Kabir Directors, were also connected. Tapash Chandra Paul, bank’s Chief Financial Officer and Abu Asghar G. Haruni, Company Secretary and significant number of shareholders were also connected.
The Chairman in his speech stated that, facing the challenges of Corona Pandemic Mercantile Bank succeeded in 2021. He mentioned it 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.
