Mercantile Bank Limited

The proposed project involves IFC financing of up to US$ 60 million Rand equivalent to Mercantile Bank Limited (“MBL” or the “Bank”), an SME-focused commercial bank in South Africa. The funding will primarily be used for expanding the Bank’s lending operations to small and medium enterprises (“SMEs”), including women owned SMEs (“WOEs”) and Black Economic Empowerment owned SMEs (“BEEOEs”).