Company Profile:
MERCANTILE BANK LIMITED is a private commercial bank in Bangladesh. It was incorporated on May 20, 1999, and commenced its banking operations on June 2, 1999. The bank provides a comprehensive range of banking services, including retail banking, corporate banking, SME banking, foreign exchange, and treasury services. It aims to offer modern and innovative financial products and services to its customers across the country through its extensive network of branches, sub-branches, and ATMs. Mercantile Bank Limited is committed to contributing to the economic development of Bangladesh.
Mercantile Bank Limited is neither a factory nor a trader. It is a financial institution and a service provider.
Enterprise Products
Mercantile Bank Limited produces or sells a wide range of financial products and services, including:
Deposit Products:
Savings Accounts
Current Accounts
Fixed Deposits
Special Notice Deposit Accounts
Various specialized deposit schemes such as MBL Millionaire Scheme, MBL Lakhpati Scheme, MBL Double Benefit Scheme, MBL Monthly Income Scheme, MBL Education Savings Scheme, MBL Marriage Savings Scheme, MBL Hajj Savings Scheme, MBL Senior Citizen Savings Scheme.
Loan Products:
Personal Loans
Home Loans
Car Loans
Small and Medium Enterprise (SME) Loans
Agricultural Loans
Industrial Loans
Working Capital Loans
Project Finance
Retail Loans
Consumer Loans
Card Products:
Debit Cards (Visa, MasterCard)
Credit Cards (Visa, MasterCard - Classic, Gold, Platinum)
Prepaid Cards
Digital Banking Services:
Internet Banking (MBL i-Banking)
Mobile Banking (MBL Anywhere, MBL i-Account)
SMS Banking
ATM Services
Trade Finance Services:
Import Letter of Credit (L/C)
Export Letter of Credit (L/C)
Bank Guarantees
Inland Bill Purchase
Foreign Bill Purchase
International Banking Services:
Remittance Services (inward and outward)
Foreign Exchange Services
Other Services:
Locker Services
Utility Bill Collection
Bangladesh Electronic Fund Transfer Network (BEFTN)
Real Time Gross Settlement (RTGS)
National Payment Switch Bangladesh (NPSB)
Agent Banking