Mercantile Bank to finance purchase of tractors by farmers

From now on, Mercantile Bank Limited will finance the farmers directly to purchase tractors for the development of agricultural sector, said a press release.

In this connection, an agreement was signed between Mercantile Bank Limited and ACI Motors Limited, the sole distributor of Sonalika Tractors, in the city recently.

Mercantile Bank Managing Director (Current Charge) AKM Shahidul Haque and Business Director (Agribusiness) of ACI Motors Dr Khandaker Helal Uddin signed the agreement on behalf of their respective organisations in presence Md Abdul Jalil, MP, chairman of Mercantile Bank Kimited.