Mercantile Bank Holdings Ltd.

Sector: National Commercial Banks Region: South Africa

Company Description

Mercantile Bank Holdings Ltd. is a registered bank controlling and investment holding company. Its principal operating subsidiaries comprise of Mercantile Bank Ltd., Custom Capital (Pty) Ltd., Multi Risk Investment Holdings (Pty) Ltd. and Mercantile Insurance Brokers (Pty) Ltd. Mercantile Bank provides a full range of international and domestic banking services. It operates in selected business, commercial and alliance banking niches in which it offers banking, financial and investment services. Custom Capital is a rental finance business, which offers financing of office automation and allied equipment through operating rentals. Multi Risk Investment Holdings is a holding company with various principal operating subsidiaries and offers a full suite of insurance and assurance broking products for both business and personal customers. Mercantile Insurance Brokers offers life assurance and short-term broking services to the company and external parties through third party agreements. Its products encompass the full range available in the market including short-term insurance, pension, health benefits and life assurance. The company was founded in 1987 and is headquartered in Johannesburg, South Africa.

Similar to: Barclays Plc, Deutsche Bank AG, Susquehanna Bancshares, Inc.

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