Mercantile Bank Holdings

Founded in 1965, Mercantile Bank Holdings Limited established itself as a niche provider of banking and financial services tailored to the needs of the entrepreneurial market in South Africa. The bank focused on building strong relationships with small to medium-sized enterprises, offering a range of products including business accounts, credit facilities, foreign exchange, and investment services. In November 2019, Mercantile was acquired by Capitec Bank, one of South Africa's largest retail banks, in a move to expand into the business banking sector. The integration process culminated in the official rebranding of Mercantile Bank to Capitec Business.