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Mercantile Bank

Mercantile Bank PLC is one of the prominent private sector commercial banks in Bangladesh, established in 1999. It was founded with the goal of providing a range of banking services to meet the growing financial needs of the country’s rapidly developing economy. The bank was licensed by the Bangladesh Bank, the central bank of Bangladesh, and started its operations with a commitment to serve both individual and corporate clients with innovative financial solutions. Since its inception, Mercantile Bank has focused on creating a strong presence in the banking sector by offering modern banking services that cater to a wide array of customers, including retail, corporate, and small and medium enterprises (SMEs).

The history of Mercantile Bank is marked by its consistent growth and expansion. It began its journey with a modest number of branches, and over the years, it has increased its footprint across the country. Today, it operates a wide network of branches in major cities and towns, making banking services accessible to a large population. The bank’s growth has been driven by a strong foundation in customer service, professionalism, and an emphasis on adopting technological advancements in banking.

Mercantile Bank offers a comprehensive range of financial products and services. These include savings and current accounts, fixed deposits, and various types of loans, such as personal loans, home loans, and business loans. Additionally, the bank provides services related to trade finance, including letters of credit, export and import financing, and remittance services, which are essential for businesses involved in international trade. The bank is also known for its SME financing programs, which support the growth of small and medium-sized businesses in Bangladesh, a vital sector for the country’s economic development.

In terms of digital banking, Mercantile Bank has invested significantly in technology, allowing customers to enjoy a range of online banking services. These include mobile banking, internet banking, and ATM facilities, which enhance the convenience of banking for customers, particularly in an era where digital transactions have become more prominent. The bank has also introduced various customer-friendly services, such as SMS banking and a dedicated customer care center, ensuring seamless support for its clients.

Moreover, Mercantile Bank has made notable contributions to corporate social responsibility (CSR) by engaging in various community development programs. These initiatives focus on education, health, and environmental sustainability, reflecting the bank’s commitment to not only profit-making but also to the welfare of society. Through these efforts, the bank has built a reputation for being a responsible corporate entity.

In conclusion, Mercantile Bank PLC has become a key player in Bangladesh's banking industry over the last two decades. With its comprehensive range of services, commitment to technological innovation, and strong customer-centric approach, it continues to play an important role in shaping the future of banking in the country. Its continued growth and expansion reflect its adaptability and resilience in an ever-evolving financial landscape.

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Registered Name	Mercantile Bank PLC
Legal Status	Public Limited Company
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Established	1999
Type	Private Bank
Category	Commercial Bank
Origin	Local Bank
Services	Retail Banking Corporate Banking Islami Banking NRB Banking Asset Management Capital Markets Deposits Loans Financing VISA Pre-paid Cards
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Corporate Address	61 Dilkusha Commercial Area, Dhaka 1000, Bangladesh.
Telephone	+880 2 223382295, +880 96 12955933
Fax	+880 2 9561213
Call Center	16225, +880 96 78016225
E-mail Address	contact@mblbd.com
Website	www.mblbd.com
SWIFT Code	MBLBBDDH
Code	140
Stock Code	MERCANBANK - DSE CSE
Service Hours	Sunday: 10:00 am - 4:00 pm Monday: 10:00 am - 4:00 pm Tuesday: 10:00 am - 4:00 pm Wednesday: 10:00 am - 4:00 pm Thursday: 10:00 am - 4:00 pm Friday: Closed Saturday: Closed
Rate this Bank	Rating 2.5, based on 596 votes.

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