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Four individuals, one institute to receive Mercantile Bank accolades

  • Published at 09:46 pm June 16th, 2019
Four individuals, one institute to receive Mercantile Bank accolades
AKM Shaheed Reza, chairman of Mercantile Bank Ltd, addresses the media on the eve of the bank's 20th anniversary at its head office in Dhaka on Sunday Courtesy

Each awardee will receive Tk3 lakh, a gold medal and a crest

Four personalities and one institute will be honoured with the Mercantile Bank Sommanona 2019 Awards for their outstanding contribution to the country in their respective fields.

On the occasion of its 20th anniversary, Mercantile Bank organized a press conference at its Head Office in Dhaka on Sunday.

The bank’s chairman AKM Shaheed Reza attended the briefing as the chief guest, while he highlighted the bank’s significant achievements over the last years and underscored the future action plans.

The recipients of the Mercantile Bank Sommanona 2019 Awards are Dr Tofail Ahmed (education), Captain Shahabuddin Ahmed Bir Uttom (research on the War of Liberation), Abul Kashem of Abul Khair Group (industry and commerce), Mosharraf Hossain Khan (swimming) and Bangladesh Fisheries Research Institute, Mymensingh (economics research).

Each awardee will receive Tk3lakh, a gold medal and a crest.

Shaheed Reza also stated that a colorful event will be organized in a Dhaka hotel on the occasion of Bank’s 20th Anniversary today (17th June). Bangladesh Bank Governor Fazle Kabir will attend the program as chief guest.

Five talented young bankers will also be awarded with "MBL Young Bankers Appreciation Award-2019", he added.

Bank’s Chairman also announced the winners of ‘MBL Young Bankers Appreciation Award-2019’. He added that these talented young bankers were selected through five competitive phases of assessment. They are Uzzwal Kumar Singha, AVP, IFIC Bank Ltd; Sirajul Islam, AVP, AB Bank Ltd; A.K.M. Hossainuzzaman, FAVP, Mercantile Bank Ltd; Tawhid Khan Majlish, FAVP, Mutual Trust Bank Ltd and Mohammad Arafat Hossain, FAVP, Bank Asia Limited.

Each awardee will be honored by Tk2 lakh, crest and a certificate.

Bank’s Managing Director and CEO Md Quamrul Islam Chowdhury presided over the press conference while Bank’s Vice Chairman ASM Feroz Alam, Chairman of the Executive Committee Al-Haj Akram Hossain (Humayun), Chairman of Mercantile Bank Foundation M Amanullah, Chairman of Mercantile Bank Securities Limited  Md Selim and Directors Morshed Alam MP, Md Anwarul Haque and Al-Haj Mosharref Hossain were present in the conference.

At the end of March, 2019, Mercantile Bank’s deposits stood at Tk23,640crore, Loans and advance stood at Tk22, 611crore  and banks profit stood at Tk159 crore.  Now the total branches of this bank are 139 and the number of ATM booths stood at 169, according the bank’s statement.