Banco Mercantil is a Caracas-based bank. The bank serves Venezuelan society since 1917. Banco Mercantil offers a range of banking products and services.
As we know above, Banco Mercantil was founded in 1917. The bank built the Mercantil Tower skyscraper as the new bank headquarter's in 1982. Then, at the end of 2007, Mercantil controlled the 12.29% of the bancary market share in Venezuela, just behind Banesco.
Banco Mercantil provides financial intermediation services to individuals and corporations through its offices and agencies. The bank provides savings, demand, restricted, and rights and certificates of participation in investment securities, and time deposits, interest-bearing checking accounts. Banco Mercantil also provides loans, credit cards, foreign trade services, factoring and discounts, and financial lease contracts.
Banco Mercantil owned 321 agencies, 313 of them established in Venezuela, as of 2007.
Besides in Venezuela, Banco Mercantil also has operations in Mexico, Brazil, the United States, Guatemala, Colombia, El Salvador, Peru, and other countries in Latin America and the Caribbean.
Banco Mercantil is a great Venezuelan bank. In 1968, it became the official representative of Diners Club in Venezuela. And since the 1970s the bank achieved the opening of subsidiaries in Brazil, Curaçao, Germany, Panama, United Kingdom and United States. Don’t hesitate to visit its website at www.bancomercantil.com.
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