The 27th Annual General Meeting (AGM) of Mercantile Bank PLC was held virtually from its head office Wednesday, June 24.
The balance sheet as on December 31, 2025 has been approved by the shareholders.
The meeting was presided over by Md Anwarul Haq, chairman of the board of directors of Mercantile Bank PLC.
The bank’s managing director Mati Ul Hasan delivered his welcome speech at the AGM.
Akram Hossain (Humayun), vice chairman; MA Khan Belal, chairman, executive committee; Mohammad Abdul Awal, chairman, risk management committee; Prof Md Rezaul Kabir, chairman, audit committee & independent director; ASM Feroz Alam, M Amanullah, Mosharref Hossain, directors, and Prof Mohammad Thoufiqul Islam & Prof Nasrin Sultana, independent directors were present on the AGM.
The bank’s DMD & CFO Tapash Chandra Paul, company secretary Mohammad Rezaul Karim, significant number of shareholders & sponsors were also connected to the AGM virtually along with senior officials of the bank.
The chairman of the bank attributed the successes achieved in 2025 to the trust of customers, the cooperation of regulatory authorities, and the collective efforts of all stakeholders, expressing his sincere gratitude to everyone involved.
He highlighted the bank's achievements in leveraging advanced technology, implementing sound risk management, and significantly reducing non-performing loans (NPLs).
Furthermore, he emphasized the bank's forward-thinking policies and capital strengthening measures aimed at ensuring a risk-free future growth, which will safeguard the long-term interests of the shareholders.
Managing director Mati Ul Hasan presented the overall performance of 2025 and outlined the future roadmap for 2026.
He stated that alongside delivering tech-driven modern banking services, the bank remains firmly committed to bringing down NPLs to a bare minimum in the coming days. He also highlighted the strategic initiatives undertaken to bolster the bank's sustainable growth.
The bank has also reported consolidated EPS of Tk1.10, NAV per share (NAVPS) of Tk24.35 and Net Operating Cash Flow per share (NOCFPS) of Tk5.95 for the year ended on 31 December, 2025.
Deputy managing directors Md Zakir Hossain, Shamim Ahmed, Ashim Kumar Saha, Md Zahid Hossain & Shah Md Sohel Khurshid; SEVPs Mohammad Iqbal Rezwan, Md Abdul Halim and Md Abdul Awal, along with senior executives and concern officers were present on the occasion.
