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17-Sep-2022
Sajida Foundation mandated Prime Bank to raise syndicated finance of BDT 5,000 million

Sajida Foundation (SF) mandated Prime Bank Limited (PBL) to arrange syndicated finance of BDT 5,000 million for onward disbursement to their microfinance program. Zahida Fizza Kabir, CEO of Sajida Foundation and Hassan O. Rashid, MD & CEO of Prime Bank Limited along with other Senior Executives of both organizations were present during the occasion.

14-Sep-2022
Prime Bank holds a day long training program on “Prevention of Money Laundering and Terrorism Financing”

Prime Bank’s AML & CFT Division and Branches Distribution Network, Chattogram Region -1 jointly organized a day-long training program on “AML & CFT Compliance” at a local conference hall in Agrabad, Chattogram recently. As Chief Guest, the program was inaugurated by Md. Nurul Amin, the Executive Director of Bangladesh Bank, Chattogram Office. Md. Wasiul Alam, SEVP & Head of Branches Distribution Network and Muhammad Anowarul Islam, EVP, CnIB of Prime Bank were also present as special guests. The program was chaired by Md. Iqbal Hossain, SEVP & Deputy CAMLCO of Prime Bank and Riton Barua, SEVP, Branches Distribution Network, Chattogram Region-01 of Prime Bank delivered his welcome speech. <.p>

A total of 201 officials including Branch Heads, Operations Managers of 22 branches of Chattogram Region-1 of Prime Bank participated in the training program. A total of 4 sessions in the training program covered various important topics related to combating money laundering and financing of terrorism. At the end of the training program, a question and answer session and evaluation test was held. Md. Showib Chowdhury, Joint Director of Bangladesh Bank, Chattogram and officials of AML & CFT Division of Prime Bank conducted the sessions as Resource Persons.<.p>

11-Sep-2022
Prime Bank Partners Up with Rupali Insurance Company Ltd.

Prime Bank & Rupali Insurance Company Limited, leading insurance provider of the country, has partnered up to provide insurance facilities for Prime Bank Car & Home Loan customers. With this partnership, Prime Bank’s Car & Home Loan customers can avail insurance policy to cover the risks of their vehicle or real-estate property with ease.

ANM Mahfuz, DMD & CBO, Consumer Banking Division, Prime Bank & Kazi Moniruzzaman, Director, Rupali Insurance Company Limited signed MoU on behalf of their respective organizations. Miah Mohammad Rabiul Hasan, EVP and Head of Wealth Management & Acting Head of Segments, Prime Bank; Ahmed Masudul Goni, Head of Consumer Products, Prime Bank; Mostofa Quamrus Sohban, Director, Rupali Insurance Company Ltd.; Kazi Rezaul Islam, AMD and Head of Underwriting, Rupali Insurance Company Ltd; Zehadul Karim, Sr. General Manager and CFO, Rupali Insurance Company Ltd were also present during the ceremony.

04-Sep-2022
Prime Bank Launches its First Ever Flagship ATM Booth

Prime Bank recently inaugurated its first ever flagship ATM booth at Dhanmondi Road 27 of Dhaka. ANM Mahfuz, Deputy Managing Director & Chief Business Officer, Consumer Banking, Prime Bank inaugurated the ATM booth as chief guest. Other high officials of the bank were also present on the occasion.

Prime Bank always endeavours to provide their customers with the best banking experience. This new flagship ATM booth will help to enhance the client experience.

27-Aug-2022
Prime Bank Partners Up with Bangladesh Bank to Provide Refinance Facilities to CMSMEs

Prime Bank has partnered with Bangladesh Bank for providing Bangladesh Bank’s refinance scheme titled “Refinance Scheme against Term Loans to CMSME Sectors”. Under this agreement Prime Bank will be offering CMSMEs interest loan at only 7%. The agreement was signed at a ceremony held at Bangladesh Bank head office in Dhaka where officials from both organizations were present.

Bangladesh Bank has announced the refinance scheme of BDT 25,000 crore for CMSME entrepreneurs. Cluster based CMSMES, women entrepreneurs, entrepreneurs having special requirements and entrepreneurs impacted by any kind of natural calamities and COVID-19 will get priority in availing this facility. This scheme will allow the CMSMEs to avail low-cost fund which will help them to flourish and achieve their utmost potential.

Hassan O. Rashid, Managing Director & CEO of Prime Bank & Md Jaker Hossain, Director, SME & Special Programs Department of Bangladesh Bank signed the agreement on behalf of their respective organizations in presence of Abdur Rouf Talukder, Governor of Bangladesh Bank; Abu Farah Md Nasser, Deputy Governor, Bangladesh Bank; Syed M Omar Tayub, SEVP & Head of MSME Banking Division, Prime Bank and senior officials of both the organizations.

Commenting on the agreement, Mr. Hassan O. Rashid said, “Cottage, micro, small, and medium enterprises are key drivers of Bangladesh’s economy. Prime Bank with the support of Bangladesh Bank is proud to be a part of this journey and help CMSME sectors flourish.”

24-Aug-2022
Prime Bank Signs Agreement with Robi Axiata Limited
Prime Bank has recently signed an agreement with Robi Axiata Limited to offer its advanced digital services to end beneficiaries of Robi through a virtual event. Under this agreement, Prime Bank will be offering its state of the art digital services and solutions to Robi’s customers, distributors and retailers.

ANM Mahfuz, Deputy Managing Director & Chief Business Officer of Prime Bank Limited, and Shihab Ahmad, Chief Commercial Officer of Robi, signed the agreement on behalf of their respective organizations.

Syed Sazzad Haider Chowdhury, Chief Operating Officer, Prime Bank, A. M. Shakhawath Hossain, General Manager (Marketing), Robi, and senior officials of both organizations were also present on the occasion.

“Through integrating Prime Bank’s groundbreaking and cutting edge digital services and solutions to Robi’s advanced client centric digital platforms, this collaborative effort can be a game changer in the industry and it shall also help both organizations to achieve the mutual goal of Bangladesh’s digital and financial inclusion at marginal level” said ANM Mahfuz at the agreement signing ceremony.
13-Aug-2022
Prime Bank conducts tree plantation program as part of observance of National Mourning Day
Prime Bank has conducted tree plantation program as part of observance of the 47th martyrdom anniversary of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman and National Mourning Day.

The bank’s Managing Director and CEO Hassan O. Rashid along with the senior management officials planted different varieties of saplings at Purbachal Model Town on August 13, 2022 to pay tribute to the Great Statesman.

Additional Managing Director Faisal Rahman, Deputy Managing Directors and other senior management officials were present.

As part of the observance of National Mourning Day, the bank has undertaken a number of activities throughout the month of August.
08-Aug-2022
Prime Bank Launches Integrated Online Prepaid Collection Service with DESCO
Prime Bank & DESCO (Dhaka Electric Supply Company Limited) has partnered up for online prepaid electricity bill collection. The agreement was signed at a ceremony held at the DESCO head office situated at Nikunja in Dhaka where officials from both organizations were present.

The agreement between Prime Bank & DESCO will allow customers of DESCO to pay their prepaid electricity bills at their nearest Prime Bank branches and other alternative delivery channels. Through this agreement the transaction will be realized and updated in DESCO database in real time.

Engr. Md. Kausar Ameer Ali, Managing Director, DESCO; Kh Zoherul Islam, Joint Secretary & Executive Director (Finance), DESCO, Engr. A.K.M Mahiuddin, Executive Director (Procurement), DESCO; Shams Abdullah Muhaimin, DMD & Head of Transaction Banking Division, Prime Bank, Mohammad Farhan Adel, Senior Vice President & Head of Cash Management, Prime Bank along with other high officials from both the organizations were also present during the ceremony.

Engr. Md. Kausar Ameer Ali, Managing Director, DESCO said “DESCO is proud to have partnered up with Prime Bank that’ll ensure safe, reliable & sustainable electricity supply. This agreement will allow us to ensure technologically advanced & exceptional customer experience.” Adding to that Shams Abdullah Muhaimin, DMD, Prime Bank said, “Integrating DESCO’s database with Prime Bank’s Branch network & alternative delivery channels will help the customers of DESCO to pay their electricity bills in real time, reduce the hassle & make the whole process convenient. This will help both the organizations on their drive towards improving customer experience.”
19-Jul-2022
Prime Bank Partners Up with Green Delta Insurance Company Ltd.
Prime Bank & Green Delta Insurance Company Limited (GDIC), one of the leading insurance providers of the country, has partnered up to provide insurance facilities for Prime Bank Car & Home Loan customers. With this partnership, Prime Bank’s Car & Home Loan customers can avail insurance policy to cover the risks of their vehicle or real-estate property with ease.

ANM Mahfuz, DMD & CBO, Consumer Banking Division, Prime Bank & Syed Moinuddin Ahmed, Additional Managing Director, GDIC signed MoU on behalf of their respective organizations. Miah Mohammad Rabiul Hasan, EVP & Head of Wealth Management from Prime Bank, Wafi Shafique Menhaz Khan, Deputy Managing Director from GDIC along with other high officials from both the organization were also present during the ceremony.
29-Jun-2022
Prime Bank Donated BDT 10 Crore to the Flood Affected People of Bangladesh
Considering the flood situation of the country, Prime Bank donated BDT 10,00,00,000/- (Ten Crore Taka Only) to the Prime Minister’s Relief & Welfare fund.

C Q K Mustaq Ahmed, Independent Director of Prime Bank along with Hassan O. Rashid, Managing Director & CEO of Prime Bank handed over the cheque to Dr. Ahmad Kaikaus, Principal Secretary to the Honorable Prime Minister. The handover ceremony was graced by the Honorable Prime Minister Sheikh Hasina through video conference.
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