Mercantile Bank assists entrepreneurs to grow their business


Karl Kumbier, chief executive officer of Mercantile Bank, explained the bank’s decision to help invest in entrepreneurship. “South Africa is home to countless individuals who have worthy business concepts, yet often their ideas go unheard as these entrepreneurs don’t have the means to develop them further,” he said.

“The role entrepreneurs play in the economy and how they contribute towards job creation is key to the development of our country, so we have to ensure that small businesses get the opportunity to flourish and this is where Mercantile Bank comes in,” said Kumbier.

He said as a bank focused on entrepreneurship, it understood business owners and what they wanted from their banking experience.

The jubilee celebration also saw the creation of a unique sculpture of a sailboat, which Kumbier explained signified the bank’s Portuguese roots and its journey with its clients.

He concluded by celebrating the milestone achieved by the bank, adding that he hoped the brand’s R250-million loan would assist entrepreneurs to elevate their existing businesses to new heights.”

The 50-year celebration took place at Montecasino on 21 November and included a display of a sculpture crafted by Simon Max Bannister.


find your
dream home

looking for an

List your Property

It's easy in only three
simple steps...

find professional
services in
your area

Locate a business
operating in
your area

List your Business

Want more customers? They're online right now, searching for businesses like yours. Place your ad now...

Latest News


Recommended Story
Uber drivers increasingly fear for their safety