Mercantil Servicios Financieros

Mercantil Servicios Financieros CA
Company typePublic
BVC: MVZ.A MVZ.B
IndustryFinancial
Founded1997
HeadquartersCaracas, Venezuela
Key people
Gustavo Vollmer Acedo Chairman and CEO
ProductsBanking
Insurance
Wealth management
Total assetsBs. 4.718,8 billions (December 2019)
Number of employees
4,000 (December 2019)
Subsidiaries
  • Mercantil Banco
  • Mercantil Seguros
  • Mercantil Merinvest
Websitewww.msf.com

Mercantil Servicios Financieros (Mercantil) is a Venezuelan holding company of financial services present in 9 countries in America and Europe . Its shares are listed on the Caracas Stock Exchange (MVZ.A and MVZ.B) and it maintains a Level 1 American Depositary Receipt program (ADR) in the over-the-counter market (OTC) in the United States of America (MSFZY and MSFJY3) .

The main subsidiary is Mercantil Banco, with 90 years of financial activity in Venezuela.

Mercantil has been ranked as one of the world's biggest 2,000 public companies according to Forbes magazine (2015) at 648th place. The Banker 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.