Mercantile Bank introduces two deposit schemes

Posted by BankInfo on Thu, Nov 17 2011 08:55 am

Mercantile Bank Limited, the country’s leading 3rd generation bank, has introduced two new deposit schemes, aiming to encourage people towards savings.

The two new products are -- ‘Monthly Deposit Scheme-3 Years’ and ‘Special Saving Scheme’.

Md Abdul Jalil, chairman of the Bank, formally launched Tuesday these products as part of the Bank’s month-long special deposit mobilisation campaign.

Jalil elaborated the benefits of the two new saving schemes and claimed that these new products would secure depositors’ future financial status. 

AKM Shahidul Haque, the Bank’s managing director and chief executive officer, MS Ahsan,  chairman of the  executive committee, M Amanullah and AKM Shaheed Reza -- the two directors --, Md Abdul Jalil Chowdhury, Monindra Kumar Nath, MA Yousuf Khan, Md Quamrul Islam Chowdhury and Choudhury Mostaq Ahmed – the deputy managing directors --, were present.

Source: The Independent/ Bangladesh/ 17th Nov 2011

Posted in New Product, News, Banking