MERCANTILE BANK SIGNS CREDIT GUARANTEE AGREEMENT WITH PKSF

Mercantile Bank PLC has signed an agreement with the Palli Karma-Sahayak Foundation (PKSF) to avail credit guarantee services under the Credit Enhancement Scheme (CES). The signing ceremony was attended by Md. Fazlul Kader, Managing Director of PKSF, along with Md. Zakir Hossain, Deputy Managing Director & Chief Risk Officer (CRO) of Mercantile Bank, and Farid Ahmed, EVP & Head of the Gulshan Branch of the bank. Under this strategic partnership, Mercantile Bank will extend credit and loan facilities to PKSF-enlisted partner organisations.