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Saturday | September 19, 2026 | Dhaka

Mercantile Bank donates Aqricultural University for enhancing Research

 New Nation
 Published: 12:00 AM, 06 December 2023

Business Desk :
Mercantile Bank PLC. Signed an agreement with Bangladesh Agricultural University to donate Tk. 1.6 Crore for enhancing research at Bank’s Head Office in Dhaka. Md. Quamrul Islam Chowdhury, Managing Director & CEO of Mercantile Bank and Professor Dr, Md, Zainul Abedin, Dean, Faculty of Agricultural Engineering & Technology, BAU signed the agreement on behalf of their respective organizations.

Under this agreement, BAU will implement the project for developing Hybrid Solar Dryer in the title of ‘Hybrid Drying System for reducing Post Harvest Losses of Nutrient Enriched Crops and Fishes in Bangladesh’.

The donation from Mercantile Bank special CSR fund will be disbursed in four installments as stated in the project.

Adil Raihan, Shamim Ahmed, Hasne Alam and Md. Mahmood Alam Chowdhury, DMDs, Dr, Tapash Chandra Paul, CFO, Shah Md. Sohel Khurshid & Mohammad Iqbal Rezwan, SEVPs, Abu Asghar G. Haruni, Company Secretary & Head of HR and Mohammad Shafruzzaman Khan, VP & Head of Agriculture Credit Division of the bank were present on the occasion, Dr, Chayan Kumer Saha, Principal Investigator & Professor of Depaftment of Farm Power & Machinery, Professor Dr. Poly Karmakar, Department of Food Technology & Rural Industries, Dr. Surajit Sarkar, Coordinator of Agromac Development Initiative Foundation and Md. Abu Hanif, Lecturer, Department of Farm Power & Machinery were also present on the agreement signing ceremony.