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MBL Milestones
May 20, 1999 Incorporation of the Bank
June 02, 1999 Commencement of Business
October 29, 2000 Opening of 10th Branch
July 03, 2002 Opening of 15th Branch
June 30, 2003 Publication of Prospectus for IPO
October 21-22, 2003 Subscription for Shares
December 24, 2003 Opening of 20th Branch
February 16, 2004 Listed in Dhaka Stock Exchange
February 26, 2004 Listed in Chittagong Stock Exchange
December 29, 2004 Opening of 25th Branch
December 05, 2006 Opening of 30th Branch
December 17, 2007 Opening of 40th Branch
June 06, 2009 Mercantile Bank Brokerage House Operation
December 30, 2009 Opening of 50th Branch
March 20, 2011 Commencement of Operation of Offshore Banking Unit
September 14, 2011 Seperate Operation of Mercantile Bank Securities Ltd. (MBSL)
December 06, 2011 Opening of Mercantile Exchange House (UK) Limited
December 29, 2011 Opening of 75th Branch
September 20, 2012 Opening of Mercantile Exchange House (UK) Limited, London Branch
December 29, 2014 Opening of 100th Branch
December 2016 Raising the number of CASA account to 5 lac
November 14, 2017 Opening of 120th Branch
December 29, 2017 Opening of 129th Branch
April 18, 2018 National Productivity and Quality Excellence Award- 2016
May 11, 2018 Moody's assigns first-time B1 ratings to Mercantile Bank Ltd.
June 2, 2018 Launch of 'MBL Young Bankers' Appreciation Award 2018’
October 3, 2018 Inauguration of 'MBL Contact Center'
December 24, 2018 MBL achieved 'Certificate of Merit' under the category of Corporate Governance Disclosure in 18th ICAB National Award
December 27, 2018 Opening of 138th Branch
December 29, 2019 Opening of 148th Branch
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