Mercantile Bank PLC. — Company profile

Commercial Banks · Bangladesh

Last price 6.4 BDT (At close: Oct 29, 2026) · Market cap 7.08B

Latest research: Mercantile Bank (MERCANBANK) financial analysis: 15% NPL, Tk2,139 crore provision shortfall, NII near zero (Oct 2026) · Mercantile Bank: classified loans at 15.19%, a Tk2,139 crore provision shortfall carried under Bangladesh Bank forbearance, and net interest income near zero

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Company profile

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, school banking, and non-chequeable savings bank accounts, payroll account, and fixed deposits. It also provides retail loans, such as car, cottage, doctor’s, education, home, house furnishing, and personal loans, secured overdraft, and agriculture loans. In addition, the company offers credit and debit cards; online and mobile banking, i-banking, SMS alert service, locker service; investment products, such as short term post import finance, short-term working capital finance, long term finance, export finance; and offshore, agent, and digital banking. The company was incorporated in 1999 and is headquartered in Dhaka, Bangladesh.

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