|Hazai tulajdon||OTP Bank Nyrt.||100%|
Merkantil Bank started its operation in 1988 as a subsidiary of “Országos Kereskedelmi és Hitelbank” (National Commercial and Credit Bank), specializing in the field of discounting of financial bills, factoring and leasing.
In 1992, as Merkantil Bank’s changed its scope of activity and quickly became one of the first companies in Hungary to offer retail hire purchase for automobiles. In 1996 the bank was privatized and as a result Merkantil Bank Ltd. became 100% subsidiary of OTP Bank, the largest bank in Hungary. Thus, Merkantil Bank further strengthened its position as a market leader in vehicle financing and further expanded its range of products and services offered to vehicle dealers and -customers.
In 2010 Merkantil Bank has begun offering equipment leasing again, and then from 2012 fleetfinancing and -management by group member Merkantil Bérlet.
The following financial services are available at the Merkantil Group (Merkantil Bank, Merkantil Car Merkantil Bérlet): consumer loan, open-ended and closed-ended financial leasing, operative leasing and fleet management.
A key point in the strategy of Merkantil Bank is to maintain a close relationship with other group members of OTP Bank, Hungary’s largest financial institution, in order to utilize the mutual benefits in the cross-selling possibilities.