Prime Bank signs agreement with Crowne Plaza

Prime Bank recently signed an agreement with Crowne Plaza Dhaka Gulshan at Crowne Plaza premises in Dhaka, a press release said on Thursday.  Nazeem A. Choudhury, Deputy Managing Director of Prime Bank and Mohammad Fawaad, Director of Operations of Crowne Plaza Dhaka Gulshan, signed the MoU (Memorandum of Understanding) on

Prime Bank sponsors Tennis competition

Prime Bank has recently sponsored the 32ndNasirUddin Memorial Tennis Competition 2023, which was organized by the Tennis sub-committee of Officers Club Dhaka, a press release said Thursday. Cabinet secretary and club chairman, Md. Mahbub Hossain, inaugurated the program as the chief guest. General secretary of Officers Club Dhaka, Mesbah Uddin,

Prime Bank signs deal with BB

Prime Bank has recently signed an agreement on ‘AIIB Funded COVID-19 Emergency and Crisis Response Facility Project (CECRFP, L0415-A)’ for availing refinance facility against Government Stimulus Package for the CMSME sector at BB head office, a press release said Tuesday. Md Abdul Wahab project director (CECRFP), SME and special programs

Prime Bank signs deal with BB

Prime Bank has signed an agreement with Bangladesh Bank (BB), at BB headquarters, a press release said Tuesday. The deal is for disbursing loans for export-oriented and production-based industries from a Tk 5,000 crore ‘Green Transformation Fund’ of the central bank. Faisal Rahman, AMD of Prime Bank, and Abdur Rouf

Omar Tayub new DMD of Prime Bank

Prime Bank has promoted Syed M Omar Tayub as Deputy Managing Director (DMD), a press release said Saturday. Prior to this new role, he was working as senior executive Vice President and Head of MSME Banking at the bank. He’s currently serving on deputation as the MD and CEO of Prime Bank

Prime Bank, ITFC sign deal

Prime Bank has signed a Master Murabaha agreement with International Islamic Trade Finance Corporation (ITFC), a member organization of Islamic Development Bank (IsDB), a press release said Monday. Under this agreement, ITFC will provide trade facility against letter of credit issued by the bank. This is a 3-year facility extended

Prime Bank receives $50m from IFC to support trade, forex liquidity needs in Bangladesh

To support export and import-based businesses in coping with global uncertainties induced by the Covid-19 pandemic, International Finance Corporation (IFC) is providing $50 million to Prime Bank Limited in Bangladesh.  This IFC funding will support working capital, trade finance, and foreign exchange liquidity needs of export and import based entities borrowing

Prime Bank signs deal with BB

Prime Bank and the Bangladesh Bank have signed an agreement on disbursement of loans under a refinancing scheme worth Tk 5,000 crore for food security of the country, a press release said Tuesday. Hassan O. Rashid, MD and CEO of Prime Bank, and Md. Abul Kalam Azad, director, agriculture credit

Prime Bank, Ehsan Khan Architects sign deal

Prime Bank Foundation has signed a Memorandum of Understanding with Ehsan Khan Architects Limited for setting up Medicare facility at Ashulia, Savar, a press release said Thursday. The Medicare facility includes a 500+ bed international standard hospital with world-class services for primary and tertiary care, a residential compound, and education