Shahidul Ahsan, Chairman of Board of Directors of Mercantile Bank Limited, presiding over its 18th Annual General Meeting (AGM) at a city hotel on Thursday. The AGM approved 20 percent Dividend (15 pc cash and 5 pc stock). Kazi Masihur Rahman, Managing Director, Md Anwarul Haque, AKM Shaheed Reza, Vice Chairmen, Mohd. Selim, EC Chairman, Dr. Mahmood Osman Imam, Audit Committee Chairman, Md Shahabuddin Alam, Risk Management Committee Chairman, Directors and a large number of shareholders of the bank were present.