When was Mercantile Bank founded?

Mercantile Bank was founded in 1999.

Where is Mercantile Bank located?

Mercantile Bank is headquartered in Dhaka, Bangladesh.

How many employees does Mercantile Bank have?

As of Jul 01, 2024, the latest employee count at Mercantile Bank is 1001 - 5000.

Is Mercantile Bank a funded company?

Mercantile Bank is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Mercantile Bank rank among its competitors?

Mercantile Bank ranks 27th amongst 57 active competitors, only 1 of which is funded. Prime Bank, which secured $20M in Jan, 2026.

Who are the top competitors of Mercantile Bank?

Mercantile Bank's top competitors include Scotiabank, BRAC Bank and Social Islami Bank. Among them, Prime Bank secured the most recent funding round in January, 2026.

Mercantile Bank - 2026 Company Profile & Competitors

Mercantile Bank is an unfunded company based in Dhaka (Bangladesh), founded in 1999. It operates as a Commercial bank. Mercantile Bank has not raised any funding yet. The company has 57 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like Scotiabank, BRAC Bank and Social Islami Bank.

Company Details

Website: mblbd.com
Email ID: *****@mblbd.com
Phone Number: +880 **********, +880 **********

Key Metrics

Founded Year

1999

Location

Dhaka, Bangladesh

Stage

Unfunded

Ranked

27^th among 57 active competitors

Employee Count

1,001 - 5,000 as on Jul 01, 2024

Similar Companies

Metro Bank & 18213 more

View Mercantile Bank's full profile

Mercantile Bank has not raised any funding rounds yet.

Mercantile Bank's employee count trend

Mercantile Bank has 1,001 - 5,000 employees as of Jul 24. Here is Mercantile Bank's employee count trend over the years:

Employee count trend for Mercantile Bank

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Top competitors of Mercantile Bank include Scotiabank, BRAC Bank and Social Islami Bank. Here is the list of Top 10 competitors of Mercantile Bank, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Scotiabank 1832, Toronto (Canada), Public	Commercial bank	-	Seaside Private Capital, Colpatria	75/100
2nd	BRAC Bank 2001, Dhaka (Bangladesh), Late Stage	Commercial bank	$42M	IFC Asset Management Company, Norfund & 5 others	71/100
3rd	Social Islami Bank 1995, Dhaka (Bangladesh), Series C	Commercial bank	$57.9M	-	60/100
4th	Standard Bank 1999, Dhaka (Bangladesh), Funding Raised	Commercial bank	-	-	56/100
5th	Mutual Trust Bank 1999, Dhaka (Bangladesh), Funding Raised	Retail bank	-	Norfund, BIO Invest	55/100
6th	Bank Asia Limited 1999, Dhaka (Bangladesh), Unfunded	Commercial bank with presence in Bangladesh	-	-	55/100
7th	Eastern Bank 1992, Dhaka (Bangladesh), Funding Raised	Commercial bank with presence in Bangladesh	-	FMO, DEG & 1 others	54/100
8th	Prime Bank 1995, Dhaka (Bangladesh), Early Stage	Commercial bank	$25M	FMO, British International Investment & 3 others	54/100
9th	Pubali Bank 1959, Dhaka (Bangladesh), Funding Raised	Commercial bank	-	British International Investment	54/100
10th	Southeast Bank 1995, Dhaka (Bangladesh), Unfunded	Commercial bank with presence in Bangladesh	-	-	54/100
27th	Mercantile Bank 1999, Dhaka (Bangladesh), Unfunded	Commercial bank	-	-	41/100