Mercantile Bank Limited has signed an agreement with Chartered Life Insurance Company Limited on Monday at the bank’s head office in Dhaka.
Md Quamrul Islam Chowdhury, managing director and CEO of Mercantile Bank, and S M Ziaul Hoque, FLMI, CEO of Chartered Life Insurance, signed the agreement on behalf of their respective organizations, reads a press release.
As per the agreement, Mercantile Bank will facilitate the collection of insurance premiums and disbursement of various claim settlements, other charges, bonuses, pensions, employees' salaries, general expenditures, etc through Online Banking, mobile financial services "MyCash", digital banking platform "MBL Rainbow", Agent Banking outlets, debit and credit cards, and other delivery channels.
Adil Raihan, DMD and CSBO, Shamim Ahmed, DMD and CAMLCO, Hasne Alam, DMD and CBO, Tapash Chandra Paul, Chief Financial Officer, SEVP and Head of Treasury Division, Ashim Kumar Saha, SEVP and Head of Corporate Banking Division Shah Md Sohel Khurshid, SEVP and Head of HRD Mohammad Iqbal Rezwan, AVP and Head of ILMD, Tapon James Rozario, from MBL and Mohammad Amdad Ullah, DMD, Md Monzur Ahmed, SEVP and CFO, Rajan Chandra Saha, VP and Head of Corporate Business, SM Sayeed Hossain, VP and Head of ADC Department, Gazi Saifur Rahman, AVP (Finance & Accounts) from Chartered Life Insurance Company Limited along with other top officials of both the organizations were present in the ceremony.