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Mercantile Insurance Co. Ltd (Bangladesh)

Main Activities: Insurance Carriers and Related Activities
Full name: Mercantile Insurance Co. Ltd Profile Updated: November 01, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English Download a sample report

Mercantile Insurance Co.Ltd., incorporated on March 19, 1996, is an insurance company. The company commenced its business on May 5, 1996. Its headquarters is located in Dhaka and it has 18 branches nationwide.

Legal Address
Red Crescent Bhaba,61, Motijheel C/A
Dhaka; Dhaka; Postal Code: 1000

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Website: http://www.mercantileins.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
March 19, 1996
Key Executives
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Vice Chairman
Ownership Details
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30.7%
Company Performance
Financial values in the chart are available after Mercantile Insurance Co. Ltd report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BDT. Absolute financial data is included in the purchased report.
Net insurance premium revenue
-8.64%
Operating profit (EBIT)
-98.44%
Net Profit (Loss) for the Period
-50.14%
Total assets
22.04%
Investments
0%
Total equity
3.51%
Net Premiums Earned Trend
-2.25%
Net Profit Trend
39.98%
Return on Equity (ROE)
-2.3%
Loss Ratio
-24.6%

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