• 28-Jan-2026

Mercantile Bank PLC has signed a Credit Guarantee Agreement with Palli Karma- Sahayak Foundation (PKSF) on Monday (26.01.2026) at PKSF Bhaban-1, Agargaon, Dhaka. Md. Fazlul Kader, Managing Director of PKSF and Md. Zakir Hossain, Deputy Managing Director & CRO of Mercantile Bank signed the agreement under PKSF’s Credit Enhancement Scheme (CES) on behalf of their respective organization.

As per the agreement, PKSF will provide support to its Partner Organization (PO)s to increase their access to Bank’s finance with a view to increasing fund for ME financing program where Mercantile Bank will allocate Tk.200 crore (two hundred crore) for new loans to POs for the Fiscal Year 2025-2026.

Farid Ahmed, Executive Vice President & Head of Gulshan Branch of the Bank, PKSF’s DMDs Md. Mashiar Rahman, Dr. Fazle Rabbi Sadeque Ahmed, Md. Hasan Khaled, and Deputy Manager Najmus Sakib along with other officials of both organizations were present on the occasion.