Mercantile Bank PLC.

Mercantile Bank PLC. provides various commercial banking services in Bangladesh. The company offers current deposit, savings bank deposit, special notice deposit, non-resident investor’s taka, foreign currency, school banking, and non-chequeable savings bank accounts, as well as non-interest-bearing current deposits, interest-bearing short-term deposits, and savings and fixed deposits. Its loan products include retail loans, such as car, cottage, doctor’s, education, home, house furnishing, overseas employment, and personal loans, as well as secured overdraft; agriculture loans, including agri short term, CC, and term and time loans; and corporate loans comprising short and long-term, real estate, export, post-shipment, project, and import/trade finances, as well as work order financing and syndication. The company also provides investment, cash management, and funded and non-funded products, as well as onshore import and export bill discounting, working capital finance, trade finance, loans and advances to wholly foreign owned entities, term loans to local entities, nostro account services, agent banking, treasury and foreign exchange products, and capital market services; securities trading, assets management, capital market operation, and financial services; and debit and credit cards, mobile banking, internet banking, and locker services. The company was incorporated in 1999 and is headquartered in Dhaka, Bangladesh.