Mercantile Bank PLC

Mercantile Bank redirects focus to SME, retail lending

Mercantile Bank PLC used to emphasise corporate lending but now the private commercial lender plans to redirect the focus in order to bring the unbanked people under the financial system by providing more loans to small and medium enterprises, retail and agriculture, said its top executive.

Mercantile Bank’s suffix changed to PLC from Limited

The change comes into effect today

June 2, 2024
June 2, 2024

Mercantile Bank redirects focus to SME, retail lending

Mercantile Bank PLC used to emphasise corporate lending but now the private commercial lender plans to redirect the focus in order to bring the unbanked people under the financial system by providing more loans to small and medium enterprises, retail and agriculture, said its top executive.

August 27, 2023
August 27, 2023