Md Abdul Jalil Chowdhury, Managing Director and Choudhury Moshtaq Ahmed, Deputy Managing Director (DMD) of Mercantile Bank and Syed Wasec Md. Ali, DMD of First Security Islami Bank, seen at an agreement signing ceremony in Dhaka recently.

Mercantile Bank Ltd and First Security Islami Bank Ltd signed a ‘Subscription agreement’ recently.

As per the agreement, Mercantile Bank invested Tk 180 million in the Mudaraba Sub-ordinated Bond of First Security Islami Bank Ltd.

Md Abdul Jalil Chowdhury, Managing Director and Choudhury Moshtaq Ahmed, Deputy Managing Director (DMD) of Mercantile Bank and Syed Wasec Md. Ali, DMD of First Security Islami Bank were present.

News: The Daily Sun/Bangladesh/8th-jan-13