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MERCANTIL COMMERCEBANK NAMES BOYAN MINTCHEV VICE PRESIDENT CORPORATE LENDING PRODUCTS MANAGER

Coral Gables, FL (June 11, 2008)

Mercantil Commercebank, one of the largest privately held banks in South Florida, has appointed Boyan Mintchev as Vice President Corporate Lending Products Manager.  He is based in the Bank’s Corporate Headquarters located at 220 Alhambra Circle, Coral Gables.

Boyan Mintchev joined the Bank two years ago as a Senior Credit Analyst within the Corporate Banking Unit.  With over nine years of experience in Corporate Banking and finance, Boyan Mintchev’s expertise has earned him a promotion to Vice President within the institution.  He is now in charge of spearheading the Bank’s corporate lending products development, and supporting Relationship Managers in originating, structuring, and executing trade related and corporate financing transactions for clients.

“Boyan Mintchev’s knowledge in Corporate Banking and his business skills are important for the corporate segment of our organization,” said Blas Betancourt EVP Corporate Institutional Domestic Manager at Mercantil Commercebank.  “We value him as a very qualified professional.”

Prior to joining Mercantil Commercebank, Boyan Mintchev worked within Burger King Corporation’s Business Development Group, leading acquisitions, divestitures, and restructurings of restaurants nation-wide. He also held relevant positions of increasing responsibility with other financial institutions in the area of Corporate Banking.

Boyan Mintchev earned a Master’s Degree in Business Administration at Florida International University. Currently, he is a Level III candidate in the Chartered Financial Analyst Program. He is fluent in Bulgarian, English, Spanish, German, French, and Russian and was educated in Bulgaria, Egypt, Belgium, and Spain.

About Mercantil Commercebank
Mercantil Commercebank N.A. is one of the largest privately held banks in South Florida serving its community for over 25 years. The Bank is a wholly owned subsidiary of Commercebank Holding Corp., which in turn is owned by Mercantil Servicios Financieros, the largest provider of financial services in Venezuela, with more than 80 years of experience. Mercantil Commercebank has assets of $6 billion. The Bank is headquartered in Coral Gables, Florida, and has thirteen Banking Centers in South Florida; one in Manhattan, New York; and one in Houston, Texas. Mercantil Commercebank offers a wide variety of domestic, international, personal, and commercial banking services, including investment, trust, and estate planning through its subsidiaries, Mercantil Commercebank Investment Services, Inc. and Mercantil Commercebank Trust Company, N.A. For more information, please visit www.mercantilcb.com.





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