About Us
Prime Bank PLC, is a top-tier second generation local commercial bank in Bangladesh established in 1995. Headquartered in the heart of Dhaka's bustling financial hub Motijheel, the Bank's operational footprint is spread all over the country with 146 branches and 153 ATMs at 140 locations of Bangladesh. It was incorporated under the Companies Act of 1994.
Prime Bank PLC is best known for its expertise in Corporate and Institutional Banking and its innovative Digital Banking services. Global Finance, a North America based leading financial publication has recognized Prime Bank PLC as the Best Bank in Bangladesh in 2020. Prime Bank PLC has also been awarded as the Best Digital Bank in Bangladesh in 2020 by Asiamoney, another global financial publication. In 2014, Prime Bank PLC initiated a 'Business Model Restructuring and Centralization' project to bring more coherence in its banking practices while re-engineering its business processes to enhance resource efficiency.
Our Vision
To be the best Private Commercial Bank in Bangladesh in terms of efficiency, capital adequacy, asset quality, sound management and profitability having strong liquidity.
Our Mission
To build Prime Bank PLC into an efficient, market-driven, customer focused institution with good corporate governance structure.
Continuous improvement of our business policies, procedure and efficiency through integration of technology at all levels.
Corporate Philosophy
For our Customers
- To provide the most courteous and efficient service in every aspect of its business. To be innovative in the development of new banking products and services.
For our Employees
- By promoting their well-being through attractive remuneration and fringe benefits.
- By promoting good staff morale through proper staff training and development, and provision of opportunities for career development.
For our Shareholders
- By forging ahead and consolidating its position as a stable and progressive financial institution.
- By generating profits and fair return on their investment.
For our Community
- By assuming our role as a socially responsible corporate citizen in a tangible manner By adhering closely to national policies and objectives thereby contributing towards the progress of the nation.
- By upholding ethical values and best practices.
- Constantly seeking to improve performance by aligning our goals with stakeholders expectations because we value them.
Our Efforts are Focused
On delivery of quality services in all areas of banking activities with the aim to add increased value to shareholders investment and offer highest possible benefits to our customers.
Corporate Milestones
2021 - PRESENT
-
- Launching of real-time remittance service RemitPrime
- Launching of AI & machine learning based Chatbot (PrimeAssist)
- Launching of first digital loan disbursement system for the garments workers
- Issued first LC under Export Credit Guarantee Program of United States Department of Agriculture (USDA) from Bangladesh and did first Secured Overnight Financing Rate (SOFR) based transaction
- Launching of MyPrime replacing Altitude as one of the smoothest internet banking platforms of the country
- Launching of Export Receivables financing & international factoring
- Launching of Japan Desk
2016 - 2020
-
- Launching of JCB Platinum Credit Card
- Launching of Omni Digital Platform - “PrimePay”
- Initiation of Agent Banking Operations First Interbank Blockchain LC Transaction by a Bangladeshi Bank
- Arranged First Virtual Annual General Meeting of the Bank
- Inauguration of the Mujib Corners
- Enlistment with the United States Department of Agriculture (USDA) for import of agricultural commodities
2011 - 2015
-
- Launching of Phone Banking
- Incorporation of PBL Finance (Hong Kong) Ltd.
- Change of Face Value & Market Lot of Shares
- Launching of Islamic Credit Card
- JCB Card’s online acquiring service
- Incorporation of Prime Bank Nursing Institute
- Launching of JCB Cards in Bangladesh
- Launching Premium Banking Service ‘Monarch’
- Launching of First Business World MasterCard
- Credit Card in Bangladesh
2006-2010
-
- Incorporation and Initiation of the Prime Exchange Co. Pte. Limited
- Opening of first Off-shore Banking Unit at DEPZ, Savar, Dhaka
- Launching of first Automated Teller Machine (ATM)
- Launching of Internet Banking and first SME Centre
- Incorporation of PBL Exchange (UK) Ltd.
- Issuance of Subordinated Bond of Tk. 2.50 billion
- Incorporation of Prime Bank Securities Limited
- (PBSL) & Prime Bank Investment Ltd. (PBIL)
- Conducted ground breaking ceremony of Prime Tower
- Launching of SMS Banking
- Obtained permission for issuance of Rights Share
- from Bangladesh Securities and Exchange Commission
2005
-
17-Apr-2005
Completion of 10 years of service
2001
-
29-Mar-2001
Registered Merchant Banker with SEC
2000
-
27-Mar-2000
Listed with Dhaka Stock Exchange Limited -
29-Mar-2000
Trading of Shares in Dhaka Stock Exchange Limited -
29-Mar-2000
Trading of Shares in Chittagong Stock Exchange Limited
1999
-
29-Aug-1999
Initial Public offering - Publication of Prospectus -
09-Sep-1999
Initial Public offering - Subscription Opened -
22-Sep-1999
Initial Public offering - Subscription closed -
15-Nov-1999
Listed with Chittagong Stock Exchange Limited
1995
-
05-Feb-1995
Memorandum and Articles of Association signed by the sponsors -
12-Feb-1995
Incorporation of the company -
12-Feb-1995
Certificate of commencement of Business -
20-Feb-1995
License issued by Bangladesh Bank -
08-Apr-1995
License issued for opening the first branch, Motijheel -
17-Apr-1995
Formal launching of the Bank -
17-Apr-1995
Commencement of Business from Motijheel Branch -
18-Dec-1995
Commencement of Islamic Banking Business from IBB, Dilkusha