Mercantile Bank Limited has recently signed an agreement with National Life Insurance Company Limited. The agreement was signed by the Managing Director and CEO of the Bank Md. Quamrul Islam Chowdhury, and CEO of National Life Insurance Company Ltd. Md. Kazim Uddin, on behalf of their respective organizations at Bank’s Board Room, Head Office, Dhaka.
As per the agreement, Mercantile Bank will facilitate the collection of life insurance premium from the customers of National Life Insurance Company Limited through Real Time Online Banking System, Mobile Financial Service “MyCash”, Digital Banking Apps (MBL Rainbow), Agent Banking and other delivery channels.
Additional Managing Director Mati ul Hasan, Deputy Managing Directors G. W. M. Mortaza, Adil Raihan & Shamim Ahmed, SEVP & Head of HRD Mohammad Iqbal Rezwan, Head of Mobile Banking Division (Acting) Md. Mahedi Hasan FCA, AVP and Head of ILM Division (Acting) Tapon James Rozario from Bank & Deputy Managing Director Md. Khasru Chowdhury and Senior Executive Vice President & CFO Probir Chandra Das FCA, Kazi Md. Mohsin, from National Life Insurance along with other senior officials of both the organizations were present in the ceremony.
