Mercantile Bank approves 17.5pc dividend

Mercantile Bank yesterday approved 12.5 per cent cash and 5 per cent bonus dividends for 2021 at its 23rd annual general meeting held virtually from its head office.

The meeting was presided over by Morshed Alam, chairman of the board of directors, while Managing Director and CEO Md Quamrul Islam Chowdhury, and other officials were present, says a press release.