The concept of Small Medium Enterprises as the bedrock of industrial development has continued to gain prominence in South Africa. Entrepreneurship development is a concept concerned with the formation, financing, growth and expansion of business enterprises most especially small and medium scale in an economy with the objective of achieving economic growth and development. One institution that committed itself to developing this key sector is Mercantile bank.
Mercantile Banks core focus is on Business and Commercial Banking.This bank provides a wide range of international and local banking services to the business community with a segment focus on the Portuguese market.It also has an Alliance Banking division which offers credit card,debit card and payment services to non-banks who seek to, or are already participating in the financial services industry.In addition the Bank has a treasury division which offers a full suite of vanilla foreign exchange products. The Bank aims to satisfy all the banking needs of the business client and seeks to differentiate itself through a single point of contact, high touch, personalised service model.
With Mercantile bank, you can access call accounts, notice deposits, fixed deposits, money market, business savings account, commercial overdraft, commercial term loan, asset finance and commercial property finance.Through the electronic banking services, you can get debit cards, credit cards, drive cards and travel insurance.
Mercantile bank can be contacted on 0113020400.