Mercantile Bank signs deal with House Building Finance on banking services

Mercantile Bank PLC has signed a customer service agreement with Bangladesh House Building Finance Corporation (BHBFC).

Md Zakir Hossain, deputy managing director of Mercantile Bank, and Mohammed Nazrul Islam, deputy general manager and project director of Bangladesh House Building Finance Corporation, signed the agreement at the bank's head office in Dhaka recently, according to a press release.

Under the agreement, Mercantile Bank will provide banking services to customers of the "Rural & Peri-Urban Housing Finance Project" through its Islamic banking window, Taqwa.

Mati Ul Hasan, managing director of Mercantile Bank, and Md Abdul Mannan, managing director of BHBFC, attended the programme.

Shamim Ahmed, Ashim Kumar Saha and Md Zahid Hossain, deputy managing directors of the bank; Tapash Chandra Paul, chief financial officer; and Shah Md Sohel Khurshid, Mohammad Iqbal Rezwan, and Md Abdul Halim, senior executive vice-presidents, were present.

Md Noor Alam Sardar, deputy managing director of BHBFC; Md Tofayel Ahmed, general manager (administration); Md Khairul Islam, general manager (accounts and finance); ZM Hafizur Rahman, general manager (law and general services); Nipu Rani Mitro, general manager (law and general services); and Md Zahirul Haque, general manager (ICT), along with other senior officials of both organisations, were also present.