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Mercantile Bank, UAE co sign remittance deal

Thursday, 25 September 2008


FE Report
Mercantile Bank Limited (MBL) signed an agreement with United Arab Emirates (UAE) company Economic Exchange Centre in Dubai recently, said a press release.
MBL Senior Executive Vice-president MA Yousuf Khan and Economic Exchange Centre General Manager Bharat Undavia signed the agreement on behalf of their respective companies.
MBL Managing Director and chief executive officer (CEO) Dewan Mujibur Rahman was also present in the signing ceremony.
Under the agreement, Bangladeshi expatriates will now be able to remit their money home from UAE easily and quickly through the bank.