Mercantile Bank

WikiFX | 2026-04-20 22:19

Abstract：Mercantile Bank was established in 1999. They provide a wide range of services to their clients, enabling them with the best banking services. They also provide special banking practices for their Muslim clients. They provided quality services during the covid 19 pandemic.

General Information

Mercantile Bank was established in 1999. They provide a wide range of services to their clients, enabling them with the best banking services. They also provide special banking practices for their Muslim clients. They provided quality services during the covid 19 pandemic.

Investment products

The core activities of the Bank are to provide all kinds of commercial banking services including Deposits Mobilization, Corporate Banking, SME and Consumer Businesses, Discounting bills, Foreign Exchange Business, Off Shore Banking, Treasury function, Card business, Mobile Banking (MyCash), Internet Banking, Locker Service and Islamic Banking etc.

Account Types and information

This broker has many account types:

Current Deposit Account

Current Deposit Account is the net flow of current transactions with no restriction. It is an easy-to-use, convenient current account.

Savings Bank Account

This account has been designed and developed for savers who want to save their income.

Special Noticed Deposit Account

Any individual or corporate body can open Special Notice Deposit Account, which is an interest bearing deposit account, for a short period of time.

Fixed Deposit Account

Unlike CD, SND and SB account, Branch shall accept deposit of fixed amount of money from the customers for a fixed period of time with interest under the term plan time to time.

Masik Munafa Amanat Prokolpo (MMAP)

Help the retired persons for investing their retirement benefits.

Create investment opportunities for Non-Resident Bangladeshi.

School Banking

Non-Chequeable Savings Bank Account (NSB A/C)

MBL Bonus Sanchay Hishab

Masik Sanchaya Prokolpo (MSP)

Build up habit of savings.

Attract small savers.

Saving for rainy days.

Troi-Masik Munafa Amanat Prokolpo (TMAP)

Super Munafa Amanat Prokolpo (SMAP)

Aporajita Masik Munafa Prokolpo (AMMP)

Emphasizing specially on independent, hard working women, MBL launched a new fixed term Deposit Product in name “অপরাজিতা মাসিক মুনাফা প্রকল্প”. This product is exclusively designed to provide female customers with the best profit on their hard earned/saved money with hassle free banking

Savings Bank Account for MSS

Poribar Surokkha Amanat Prokolpo (PSAP)

Digun Briddhi Amanat Prokolpo (DBAP)

MBL Prabasi Sanchaya Hishab

Savings Bank (SB) Account for NRBs is a Savings Bank (SB) Account in local currency for the Non-Resident Bangladeshis (NRBs) who are residing abroad or proceeding abroad for employment.

MBL Prabasi Masik Sanchaya Prokolpo

Masik Sanchaya Prokolpo (MSP) for NRBs is a monthly installment base savings deposit product with flexible long term tenure for individuals who is already living outside of Bangladesh or proceeding abroad for employment.

Contact Info

Mobile: 16225

Overseas and T & T: +88 09678016225 and +88 09612316225

Email Address: contact@mblbd.com

Liquidity Interest Base rate

Related broker

Not Regulated

MBL

Company name：Mercantile Bank Limited

Score

2.06

Website：http://www.mblbd.com/home

5-10 years | Questionable Regulatory License | Suspicious Operational Region | High Potential Risk

Score

2.06

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