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Mercantile Bank Ltd
61,
Dilkusha Commercial Area
Phone: +880 29559333p:+880 29559333 DHAKA, 1000  Bangladesh Ticker: MERCANBANKMERCANBANK
Business Summary
Mercantile Bank Limited (the Bank) is a Bangladesh-based commercial banks. The Bank’s core activities are to provide all kinds of commercial banking services, including deposits mobilization; corporate banking; small and medium enterprises, and consumer businesses; discounting bills; foreign exchange business; off-shore banking; treasury function; card business; mobile banking; internet banking; locker service agent banking; Islamic banking; and others. The Bank caters card services to its customers by VISA dual prepaid card, credit card, debit card, visa medical card, visa international student card, visa dual hajj card and international/dual cards with various up-to-date facilities. The Bank has 152 Branches, including Islamic banking branch, 35 sub-branches, 187 agent banking outlets, 197 automated teller machines, two OBU and 45 Islamic banking windows. Its subsidiaries include Mercantile Bank Securities Ltd., MBL Asset Management Limited and Mercantile Exchange House (UK) Limited.
(Source: PROSPECTUS)

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
Yes---Yes--

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202412/31/2023Yes----

Industries
SIC Code Description
6029 Commercial banks, not elsewhere classified
6211 Security brokers, dealers, and flotation companies
6221 Commodity contracts brokers and dealers

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Non-Executive Chairman of the Board MorshedAlam 72 7/29/2019 1/1/2011
Chief Executive Officer, Managing Director, Executive Director Md. Quamrul IslamChowdhury 2/24/2019 2/24/2019
Non-Executive Vice Chairman of the Board Md. AbdulHannan 60 6/20/2021 1/1/2012
12 additional Officers and Directors records available in full report.

General Information
Number of Employees: 2,695 (As of 12/31/2023)
Outstanding Shares: 1,106,575,435 (As of 6/30/2024)
Shareholders: 25,889
Stock Exchange: DSE
Fax Number: +880 29561213


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Wednesday, November 20, 2024