Mercantile Bank Signs Cash Management Deal with Esquire Electronics.

Mercantile Bank PLC has signed a cash management agreement with Esquire Electronics Limited at the bank’s Head Office on Thursday.

The agreement was signed by Arifur Rahman, Managing Director of Esquire Electronics, and Md Zahid Hossain, Deputy Managing Director and Chief Business Officer of Mercantile Bank, on behalf of their respective organisations. The bank’s Managing Director, Mati Ul Hasan, attended the ceremony as the chief guest.

Under the terms of the agreement, Mercantile Bank will provide cash management services to Esquire Electronics and their customers through the bank’s branches, sub-branches, agent outlets, mobile banking app Rainbow, and mobile financial service MyCash. This arrangement will enable all Esquire Electronics outlets nationwide to access these services conveniently.

The signing ceremony was also attended by Mercantile Bank’s Deputy Managing Directors Zakir Hossain and Ashim Kumar Saha; Head of Corporate Banking Mohammad Faruque Ahmmed; Head of Corporate Liability & Cash Management KM Anowarul Islam; Head of Retail Banking Ashim Kumar Saha; Head of Agent & Mobile Banking Darpan Kanti Roy; and Tejgaon Gulshan Link Road Branch Manager Al Mansur.

Representing Esquire Electronics were General Manager (Finance & Accounts) Abdullah-Al-Rashed and Senior Manager (Business Development & Showroom Operations) Syed Rabiul Islam, along with other senior officials from both organisations.