[2] In April 2009, Mohammad Abdul Jalil, a former Awami League Commerce Minister, was elected chairman of Mercantile Bank.
[12] In January 2016, Kazi Masihur Rahman was appointed managing director of Mercantile Bank.
[14] The Anti-Corruption Commission sued four directors of Mercantile Bank, Akram Hossain Humayun, M Amanullah, Md Anwarul Haque, and Mohd Selim, in December 2018 for helping Patrick Fashions and Kazi Farhad Hossain secure a loan mortgaging government property.
[16] Md Quamrul Islam Chowdhury was appointed managing director of Mercantile Bank.
[22] In July, Mercantile Bank announced plans to buy commercial real-estate from its chairman, Morshed Alam, in Noakhali District from 81.5 million BDT.