ENTITY

Prime Bank Ltd (PB BD)

1
Analysis
FinancialsBangladesh
Prime Bank Limited, together with its subsidiaries, provides various commercial banking products and services in Bangladesh, Singapore, Hong Kong, and the United Kingdom. The company offers various retail banking products and services, such as savings and current accounts; home, car, personal, marriage, CNG conversion, household durables, education, retail SOD, doctor's, travel, hospitalization, and carnival loans, as well as loan against salary and retail secured EMI loan products; credit and debit cards; and locker, Internet and SMS banking, premium and phone banking, utility bills pay, and cash back services. It also provides corporate banking services, including general credit, export finance, structured finance, and lease finance; and Islamic banking services consist of deposits, investments, foreign trade products, and remittance and funds transfer services. In addition, the company offers small and medium enterprise (SME) banking products, such as collateral free, capital, working capital, seasonal, business, double, and women entrepreneurs� loans; agricultural banking products, including crop, non-crop, and other agri-purpose loans; NRB banking services consist of foreign remittance services, account facilities, exchange houses, wire transfer facilities, and bonds; offshore banking services; and treasury services comprising money market, primary dealer and fixed income, asset liability management, and foreign exchange services. Further, it provides merchant banking services, including issue management, portfolio management, underwriting, corporate advisory services, etc.; and stock broker/dealer services in relation to shares and securities dealings. It serves individuals, businesses, corporations, institutions, and governments. The company operates 145 branches comprising 18 SME centers/branches and 2 booths; 5 Islamic banking branches; and 3 off-shore banking units. Prime Bank Limited was founded in 1995 and is headquartered in Dhaka, Bangladesh.
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