FCI welcomes a new Affiliate Member in Bangladesh - Prime Bank Limited | FCI
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FCI welcomes a new Affiliate Member in Bangladesh - Prime Bank Limited
11 November 2019

Established in 1995, Prime Bank is a top-tier private commercial bank in Bangladesh having highly diversified financial products and services under both Conventional and Islamic mode. The Bank is prominent for its superior service quality, brand image, strong corporate governance and corporate culture.With total assets of over US$ 3.50 billion, 146 branches, more than 3,000 employees and over 1 million Customers, Prime Bank has been the most consistently top-rated bank in Bangladesh and reputed among regulators as distinctly ‘Compliant’. Prime Bank has strong focus in Corporate segment in Bangladesh and handles around 4% of the total trade of the country. The bank has correspondent network with 255 banks spread across 69 countries to facilitate international trade transactions. It enjoys sufficient credit lines from our correspondents, including credit limit from Asian Development Bank (ADB) under Trade Finance Facilitation Program (TFFP) and from International Finance Corporation (IFC) under Global Trade Finance Program (GTFP), for adding confirmation to letter of credit as and when required. The bank is a publicly traded company and owned by diversified groups of sponsors, institutions, foreign investors and general public where no individual/institution owns more than 10% of the total stock.