Mercantile Bank Limited has signed an agreement with Chartered Life Insurance Company Limited on 28 March at the bank's head office in 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 organisations, reads a press release.
As per the agreement, Mercantile Bank will facilitate the collection of insurance premium and disburse-ment of various claim settlements, 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.
DMD and CSBO Adil Raihan, DMD & CAMLCO Shamim Ahmed, DMD & CBO Hasne Alam, Chief Financial Officer, SEVP Tapash Chandra Paul, PhD, Head of Treasury Division Ashim Kumar Saha, SEVP & Head of Corporate Banking Division Shah Md Sohel Khurshid, SEVP and Head of HRD Mohammad Iqbal Rez-wan, AVP and Head of ILMD Tapon James Rozario, from MBL and DMD Mohammad Amdad Ullah, SEVP and CFO Md Monzur Ahmed, VP & Head of Corporate Business Rajan Chandra Saha, VP & Head of ADC Department S M Sayeed Hossain, and AVP (Finance & Accounts) Gazi Saifur Rahman, from Chartered Life Insurance Company Limited along with other high officials of both the organisations were present in the ceremony.