Prime Bank Limited
Company Profile
Represented By
Mr. Hassan O. Rashid
Managing Director & CEO
About Prime Bank
Prime Bank, 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 170 ATM locations. It was incorporated under the Companies Act of 1994.
Prime Bank 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 as the Best Bank in Bangladesh in 2020.
Prime Bank has also been awarded as the Best Digital Bank in Bangladesh in 2020
by Asiamoney, another global financial publication.
In 2014, Prime Bank 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.
The Bank’s founding directors
include, Mohammad Aminul Haque, Marina Yasmin Chowdhury and Mohammad Abdul
Khaleque, among other prominent business icons of Bangladesh. Azam J Chowdhury,
also the Chairman and Owner of East Cost Group, a diversified local
conglomerate, and one of the leading industrialists of Bangladesh remains the
longest serving Chairman of the Bank, having served six two-year terms till
2020.
Tanjil Chowdhury, Managing
Director of East Coast Group, is the current Chairman of the Bank. He is also
the Chairman of Prime Exchange Pte. Ltd, Prime Bank’s remittance arm in Singapore
and Secretary General of Prime Bank Cricket Club, a social initiative of Prime
Bank Foundation (PBF).
Zaeem Ahmed, Managing Director of
Alliance Knit Composite Limited, and Zen Trading Corporation Limited as well as
the proprietor of Jabbar & Company, is the Chairman of the Executive
Committee (EC) of Prime Bank.