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Inversionista
Mercantil y Agrícola (CIMA) opens Banco Mercantil Venezolano, C.A. in Curaçao (1976) and Banco del Centro S.A. in Panama (1977), to expand its international operations. In 1987 acquired Commercebank, N.A. a financial institution headquartered in Florida, United States of America. In the middle of 90's, The Consorcio Inversionista Mercantil y Agrícola (CIMA) and Banco Mercantil initiate their "American Depositary Receipts" (ADRs) program in the United States of America for Class B shares.
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Banco
Universal, Mercantil Seguros and Mercantil Merinvest in Venezuela; Mercantil Bank, N.A., Mercantil Bank Investment Services and Mercantil Bank Trust Company in the United States of America; Mercantil Bank (Panamá), Mercantil Seguros Panamá and Mercantil Capital Markets (Panamá) in Panama; Mercantil Bank (Schweiz) in Switzerland; Mercantil Bank (Curaçao) in Curaçao and Mercantil Inversiones y Valores in Venezuela, a holding for other support subsidiaries.
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of
America with the opening of its first full-service banking center in Houston City. In 2006 it acquired Florida Savings Bank, an institution that operated in South Florida. In that year, Mercantil Servicios Financieros included Class A shares in its "American Depositary Receipts" (ADRs) program.
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In early 2000, the Swiss
Federal Banking Commission authorizes the incorporation of Banco Mercantil (Schweiz) AG as a Commercial Bank, formerly BMS Finanz AG, being the first Latin American-based bank to establish in Switzerland. In Venezuela, during the second half of 2000, Banco Mercantil signed
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In 1997 the shareholders of Banco
Mercantil and the Consorcio Inversionista Mercantil y Agrícola (CIMA) constitute Mercantil Servicios Financieros (Mercantil) a financial services holding company headquartered in Venezuela. Today, Mercantil Servicios Financieros' main subsidiaries are: Mercantil
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In 2007, Mercantil
Servicios Financieros announces changes in its corporate identity, which established the use of the Mercantil brand name in all of its subsidiaries, both in Venezuela and abroad, as well as a change in its graphic identity. Since 2012, Mercantil Bank (Schweiz) refocused its
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During the 1970s, the
Consorcio Inversionista Mercantil y Agrícola (CIMA) was created with the objective to offer others financials services, meanwhile Banco Mercantil began its international expansion, with representative offices in several cities of the Americas and Europe. The Consorcio
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In 2013, Mercantil
Servicios Financieros continuing with its international expansion strategy extended the range of services in the Panamanian market through the beginning of operations of Mercantil Capital Markets (Panamá) and Mercantil Seguros Panamá, S.A.
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magazine included
Mercantil Servicios Financieros among the Top 1,000 world's financial institutions, according to the list published in July 2015. Mercantil rose 50 places in comparison with 2014, to rank 210th.
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the agreement to acquire InterBank BancoUniversal. The transaction was completed in the first quarter of 2001. At the same year, the subsidiary
Seguros Mercantil acquired Seguros Orinoco.
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The origin of Mercantil is in Venezuela, with the development of banking services through Mercantil Banco, which began operations on 23 March 1925.
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Mercantil has been ranked as one of the world's biggest 2,000 public companies according to
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The main subsidiary is Mercantil Banco, with 90 years of financial activity in
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activities to offering exclusive Private Banking products and services.
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Creation of the Consorcio Inversionista Mercantil y Agrícola (CIMA)
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market (OTC) in the United States of America (MSFZY and MSFJY3) .
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513:Financial services companies of Venezuela
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140:Bs. 4.718,8 billions (December 2019)
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253:In 2005, Commercebank expanded in
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312:"Mercantil Servicios Financieros"
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215:magazine (2015) at 648th place.
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472:Fondo de Valores Inmobiliarios
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284:"Bolsa de Valores de Caracas"
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384:Mercantil Merinvest
324:on 18 November 2015
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146:Number of employees
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224:Historic evolution
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528:Venezuelan brands
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379:Mercantil Seguros
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127:Wealth management
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156:Subsidiaries
135:Total assets
84:Headquarters
35:Company type
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355:17 November
289:17 November
179:www.msf.com
502:Categories
328:9 November
270:References
217:The Banker
99:Key people
482:Mercantil
431:Venezuela
206:Venezuela
123:Insurance
92:Venezuela
70:Financial
47:Traded as
18:Mercantil
115:Products
105:Chairman
66:Industry
487:Sivensa
457:Corimon
191:America
175:Website
119:Banking
88:Caracas
76:Founded
349:Forbes
213:Forbes
195:Europe
39:Public
477:Manpa
452:CANTV
322:(PDF)
315:(PDF)
60:MVZ.B
57:MVZ.A
357:2015
330:2015
291:2015
193:and
107:and
79:1997
447:BNC
427:IBC
109:CEO
53:BVC
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