The New Nation - Internet Edition

BUSINESS REPORT

Prime Bank Limited, one of the leading private commercial banks in the country, has so far made the investment of about Tk 6,000 crore in different sectors of the country's economy.

M. Shahjahan Bhuiyan, Managing Director of Prime Bank Limited, stated this while addressing a press conference on the eve of the bank's 13th founding anniversary at National Press Club in the city yesterday.

Prime Bank celebrates its 13th anniversary today (Thursday) after its establishment on April 17, 1995, achieving many successes during its long journey.

Additional Managing Director Nasiruddin Ahmed, Deputy Managing Directors Mahbubul Alam, RQM Forkan and Syed Mahbubur Rahman and other senior officials were present.

Explaining various programmes taken in celebration of the 13th anniversary, and the bank's success, present programmes and future strategies, the Managing Director said though Prime Bank is a conventional bank, it has introduced Islamic banking system, taking the demand of a large section of the country's people, who are Muslims and wish to nourish Islamic values.

"With view to provide services to the large section of people, Prime Bank has introduced five Islamic banking branches in the country," he said.

Narrating various deposit and loan products of the bank as well as the newly launched ATM service and Roadshow activities, Shahjahan Bhuiyan said the bank launched it Roadshow activities on March 19, which will continue for the next four months.

"This Roadshow programme is being carried out in 11 branches in the city, while ATM service is being functioned in 10 areas in the capital. Three more ATM booths will be launched within a few days at Rampura, Pallabi and Mohakhali," he said.

In this regard, he also mentioned that a few days ago Prime Bank and another bank signed an agreement regarding the installation of ATM booths so that the clients of the two banks can get ATM services simultaneously.

Customers would be able to pay utility bill like telephone, gas, electricity, mobile phone bills and obtain full statement of their accounts through the ATM machines.

Apart from carrying out many commercial activities, the Managing Director said Prime Bank is also involved in various activities under Corporate Social Responsibility (CSR).

In order to perform CSR smoothly, the bank has established the Prime Bank Foundation. Through the foundation, the bank has been providing different short-term and long-term services to the community.

The foundation provides education scholarships among poor but brilliant students.

Shahjahan Bhuiyan said the Prime Bank Foundation's short-term activities include eye (cataract) operation and open-heart surgery of adolescents, while the long-term activities include educational support programme for poor but meritorious students for higher education.

Prime Bank Limited became one of the top private banks within a few years after launching its commercial operation on April 17, 1995.

The bank is providing various services to its clients styling doctor loans, home loans, car loans, marriage loans, student loans and others through its 61 branches. Its present capital is Tk 646 crore.