Mercantile Bank Foundation handed over a cheque for Tk 2.5 million as donation to Ahsania Mission Cancer Hospital at a simple ceremony in the city Wednesday.

Dhaka Ahsania Mission President Kazi Rafiqul Alam received the cheque on behalf of the organisation.

Speaking on the occasion, chairman of the bank Md Abdul Jalil MP said banking service is not merely for earning profit, it also plays a role for the welfare of the society.

With this view, Mercantile Bank Foundation has been working from its inception. One per cent of profit or Tk 4.0 million, whichever is higher, is transferred to the fund of the Mercantile Bank Foundation from each year's profit earned through banking services of Mercantile Bank Ltd and the fund is spent for the welfare of the society.

Rafiqul Alam thanked the bank for its donation to the cancer hospital fund as its corporate social responsibility.