Mercantile Bank News
Mercantile Bank provides a wide range of international and local banking services to the business community with a segment focus on the Portuguese market. The Bank aims to satisfy all the banking needs of the business client and seeks to differentiate itself through a single point of contact, high touch, personalised service model.
The bank’s core focus is on Business Banking and Commercial Banking. It also has an Alliance Banking division which offers credit card, debit card and payment services to non-banks who seek to, or are already participating in the financial services industry. In addition the bank also has a treasury division which offers a full suite of vanilla foreign exchange products.
Mercantile Bank Limited is a wholly-owned subsidiary of Mercantile Bank Holdings Limited. Mercantile Bank Holdings Limited is a bank controlling and investment holding company with (100%) vesting in its Portuguese parent company, Caixa Geral de Depositos (“CGD”).