Mercantile offers a comprehensive range of international and domestic banking products and services to SMEs (small and medium enterprises). We are a nimble and dynamic full-services bank that strives to be the number one business bank in South Africa servicing the needs of entrepreneurs. As a service-driven organization with passionate and motivated staff, we all understand that banking is about people.
The Bank is 100% owned by Capitec Bank Limited. Capitec Bank Holdings Limited (Capitec or the group) is listed on the JSE. It owns the operating subsidiary Capitec Bank Limited (Capitec Bank) that acquired Mercantile Bank Holdings Limited (Mercantile) on 7 November 2019. Capitec Bank is the largest digital bank and the largest bank by active banking clients in South Africa. We focus on essential banking services and provide value for money, innovative transaction, saving, insurance, and unsecured lending products to individuals. Through Mercantile we provide transaction, investment, and secured/ unsecured lending products to small businesses.