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News Details
13-Aug-2018
PRIME BANK SIGNED PARTICIPATORY AGREEMENT WITH BANGLADESH BANK
Prime Bank recently signed a Participatory Agreement under Investment Promotion and Financing Facility II (IPFF) project with Bangladesh Bank.

In presence of Bangladesh Bank Governor Fazle Kabir, Deputy Governor and Project Director of IPFF-II Ahmed Jamal and Managing Director of Prime Bank Rahel Ahmed signed the documents on behalf of the respective organizations. Senior Financial Sector Specialist of World Bank AKM Abdullah, DGM & Deputy Project Director of IPFF II Project Cell Rathin Kumar Paul, Joint Director Goutam Kumar Ghosh, SEVP and Head of Structured Finance of Prime Bank Shams A. Muhaimin & other high official of both organizations were present on the occasion.

Under this agreement, Prime Bank will be able to Finance it’s customers in power and infrastructure sectors at a very competitive rate of interest.
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