Mercantile Bank PLC has signed an agreement with IFAD Motors Ltd on Sunday at the bank鈥檚 head office in Dhaka.
Md Zahid Hossain, DMD and CBO of the bank and Muidur Rahman Tanvir, head of business of IFAD Motors signed the agreement on behalf of respective organisations.
As per the agreements, Mercantile Bank credit card holders will enjoy the 0 per cent EMI facility from 3 to 24 months installment for any purchase from IFAD Motors.
Mostafizur Rahman, head of Card and ADC, Mohammad Faruque Ahmmed, head of Corporate Banking Division, Md Mukitul Kabir, head of Corporate Affairs Division, Tapon James Rozario, head of ILMD of the bank were present.
Besides, Md Rabiul Haque, head of Sales and Marketing, MA Aziz, head of Commercial and Banking and Md Masud Hossain Mizi, senior manager, Accounts and Finance of IFAD Motors and other senior officials of both the organisations were present on the occasion.
