The 23rd Annual General Meeting (AGM) of Mercantile Bank Limited was held virtually from its Head Office on Thursday.
The Profit & Loss A/c, Balance Sheet as on December 31, 2021 and 12.5% Cash and 5% bonus Dividend have been approved by the Shareholders.
The meeting was presided over by Morshed Alam M.P. Chairman of the Board of Directors of Mercantile Bank Limited. Bank’s Managing Director & CEO Md. Quamrul Islam Chowdhury delivered his welcome speech at the AGM.
A. S. M. Feroz Alam and Md. Abdul Hannan, Vice Chairmen; Al-Haj Akram Hossain (Humayun), Chairman, Executive Committee; Md. Anwarul Haq, Chairman, Risk Management Committee; M. A. Khan Belal, Chairman, Mercantile Bank Securities Ltd.; M. Amanullah, Md. Nasiruddin Choudhury, Alhaj Mosharref Hossain, Mohammad Abdul Awal and Dr. Md. Rezaul Kabir Directors; were connected the AGM virtually.
Bank’s Chief Financial Officer Tapash Chandra Paul, PhD, Company Secretary Abu Asghar G. Haruni, Sponsors, significant number of Shareholders were also connected to the AGM virtually.
The Chairman in his speech stated that, facing the challenges of Corona Pandemic Mercantile Bank succeeded in 2021.
He mentioned it is the result of co-operation and support of its shareholders, clients, Bangladesh Bank and other regulatory bodies and he thanked the Board of Directors and the management for their collective effort towards the achievement of the Bank.
Bank’s Managing Director & CEO Md. Quamrul Islam Chowdhury said to the shareholders about activities of the bank in the year 2021 and presented the future planning for the year 2022.
