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Agent Banking
Mercantile Bank Limited introduced its Agent Banking Service with an aim to bring unbanked people under the same umbrella. The Bank has obtained permission from Bangladesh Bank on 5th August 2019 to start Agent Banking operation across the country. Initially we received the permission to start Agent Banking operation with 5 (five) Agent Outlets.

Agent Banking refers to provide limited scale banking services (or financial transactions) to the underserved population through engaged agents, rather than an Officer/Cashier. In this case, an 'Agent' is the owner of an outlet who conducts banking services or financial transactions on behalf of the Bank.

Mercantile Bank wants to reach every corner of the country through its Agent Banking network. For smooth operation of 'Agent Banking function' a separate Division in the name and style 'Agent Banking Division' has been established. Agent Banking team is working with MBL family to expand MBL's network over the country.
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