Update March 11, 2015

Dhaka 5-07 am, 05-December, 2020

Mercantile Bank inks deal with NEC Money, Spain

Sumel Sarker

markentile Bank

Chairman, Board of Directors of Mercantile Bank Ltd Morshed Alam, MP, its Managing Director & CEO M Ehsanul Haque and Managing Director & CEO of NEC Money, Spain Ikram Farazy seen in the signing ceremony held between the two companies.

11 March 2015, Nirapad News: Mercantile Bank Limited has recently signed an agreement with NEC Money, Spain, one of the most reputed money transfer companies in Europe. An agreement has been signed in this regard between NEC Money, Spain and Mercantile Bank Limited, according to a statement.

NEC Money operates remittance business in Spain covering whole Europe where a large number of Bangladeshi expatriates have been living and working around. With this agreement, new window has been opened for the Bangladeshi expatriates from different countries in Europe to remit their hard-earned money to their relatives and family members in Bangladesh safely, quickly and conveniently through any branch of Mercantile Bank Limited.

M Ehsanul Haque, Managing Director & CEO of Mercantile Bank Limited and Ikram Farazy, Managing Director & CEO of NEC Money, Spain signed the agreement on behalf of their respective organizations.

Morshed Alam, MP, Chairman, Board of Directors of Mercantile Bank Ltd. was present at the event as chief guest and Alhaj Akram Hossain (Humayun), Chairman, Executive Committee of the Bank was present as special guest. Besides, Mr. A. S. M. Feroz Alam, Vice Chairman, Board of Directors, Mr. Md. Abdul Jalil Chowdhury, AMD, Mr. Md. Quamrul Islam Chowdhury, Mr. Mohammad Masoom & Mr. Matiul Hasan, DMDs of Mercantile Bank Ltd. and Mr. Mohammad Babul Miah, director of NEC Money along with other high officials from both the organisations were also present on the occasion.

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