Mercantile Bank
Mercantile Bank is a South African financial institution that has been providing banking and financial services for over 55 years. The bank was founded in 1965 and initially focused on providing banking services to the small business community. Over the years, the bank has expanded its range of products and services to cater to the needs of a broader client base. Mercantile Bank is owned by the Portuguese banking group Caixa Geral de Depósitos and operates across South Africa with its headquarters in Sandton.
Regarding its products and services, Mercantile Bank offers a range of banking products and services to individuals and businesses in South Africa. The bank provides traditional banking services such as current and savings accounts, card services, loans, and mortgage finance. It also offers more specialized products and services such as merchant services, treasury services, trade finance, and private banking. These products and services are tailored to meet the needs of different clients and help them achieve their financial goals.
Mercantile Bank has been recognized as a leading financial institution in South Africa, receiving numerous awards and accreditations over the years. The bank has been accredited as one of the top-rated banks for customer satisfaction by the South African Customer Satisfaction Index (SAcsi). It has also been recognized for its contribution to small businesses, receiving the Best Business Bank award from the Global Banking and Finance Review in 2020. Additionally, Mercantile Bank is committed to sustainable banking practices and has received certification from the South African Department of Environmental Affairs for its environmental management program.
Founded: 1965
Headquarters: Sandton
Website: https://www.mercantile.co.za