Overview of Prime Bank Ltd

Introduction

In the backdrop of economic liberalization and financial sector reforms, a group of highly successful local entrepreneurs conceived an idea of floating a commercial bank with different outlook. For them, it was competence, excellence and consistent delivery of reliable service with superior value products. Accordingly, Prime Bank Ltd. was created and commencement of business started on 17th April 1995. The sponsors are reputed personalities in the field of trade and commerce and their stake ranges from shipping to textile and finance to energy etc.

As a fully licensed commercial bank, Prime Bank Ltd. is being managed by a highly professional and dedicated team with long experience in banking. They constantly focus on understanding and anticipating customer needs. As the banking scenario undergoes changes so is the bank and it repositions itself in the changed market condition.

Overview of Prime Bank Ltd

Prime Bank Ltd

Prime Bank Ltd. has already made significant progress within a very short period of its existence. The bank has been graded as a top class bank in the country through internationally accepted CAMEL rating. The bank has already occupied an enviable position among its competitors after achieving success in all areas of business operation.

Prime Bank Ltd. offers all kinds of Commercial Corporate and Personal Banking services covering all segments of society within the framework of Banking Company Act and rules and regulations laid down by our central bank. Diversification of products and services include Corporate Banking, Retail Banking and Consumer Banking right from industry to agriculture, and real state to software.

The bank has consistently turned over good returns on Assets and Capital. During the year 2006, the bank has posted an operating profit of Tk. 2131 million and its capital funds stood at Tk 4409.21 million. Out of this, Tk. 1750 million consists of paid up capital by shareholders and Tk. 2659.21 million represents reserves and retained earnings. The bank’s current capital adequacy ratio of 9.95% is in the market. In spite of complex business environment and default culture, quantum of classified loan in the bank is very insignificant and stood at less than 0.82%.

Prime Bank Ltd., since its beginning has attached more importance in technology integration. In order to retain competitive edge, investment in technology is always a top agenda and under constant focus. Keeping the network within a reasonable limit, our strategy is to serve the customers through capacity building across multi delivery channels. Our past performance gives an indication of our strength. We are better placed and poised to take our customers through fast changing times and enable them compete more effectively in the market they operate.

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Existing Branches

Chittagong Division

Jubilee Road Branch
Pedrollo Center
5, Jubilee Road, Chittagong -4000
Phone : (031) 613939, 614649
Fax     : 88-031-614649
Telex   : 633028 PBLRJ BJ
SWIFT: PRBLBDDH017
Email : mizan_prm_cr@yahoo.com
Agrabad Branch
Chittagong Chamber House,
38 Agrabad C/A, Chittagong-4100
Phone : (031) 727018, 716724-5
Fax     : 88-031-718971
Telex   : 633028 PBLAG BJ
SWIFT: PRBLBDDH015
Email : primeagr@spnetctg.com
Khatungonj Branch
142, Chand Mia Lane
Khatungonj, Chittagong-4000
Phone : (031) 623212-14, 627297
Fax     : 88-031-610848
Telex  : 633109 PBLKC BJ
SWIFT: PRBLBDDH002
Email : prime_ktg@bbts.net
Islamic Banking Branch
O.R. Nizam Road
Hazrat Garibullah City Corporation
Bhavan, 739/804 CDA Avenue,
Bagmoniram, Chittagong.
Phone : (031) 639855, 841437
Fax : 88-031-841434
E-mail: primeorn@bdonline-ctg.com
Islamic Banking Branch
B S Plaza
Plot # 305/1390, Abdul Ali Hat
Mouza-Sorai Para, Alanker Morr
P.S. Pahartali, Chittagong.
Phone : (031) 753143, 753144
Fax     : 88-031-610848
Telex  : 633109 PHLKC BJ
Fatickchari Branch
Haji Hossain Plaza
College Road, Bibirhat
Chittagong
Phone: (031) 637001, 630389
Email : sabuz_66@yahoo.com
Laldighi East Branch
8, Laldighi East
Chittagong-4000
Phone : (031) 2850771, 2850773, 2850774
Hathazari Branch
N. Zahur Shopping Center (1st Floor)
Kachari Road, Hathazari, Chittagong
Phone : (031) 2601524, 2601525
Fax     : 88-031-2601526
Cox’s Bazar Branch
Hajera Shopping Center (1st Floor)
Ward # 2, Holding # 256, Main Road
Cox’s Bazar
Phone : (0341) 51083, 51085
Fax     : 88-0341-51084
 Feni Branch, Feni
 Kazi Centre,Holding No: 106
 S.S.K,Road,Word No: 10
 P.S + P.O : Feni
 Dist: Feni
Comilla Branch
Holding No: 10/8 Ward#12
Moholla: Chatpatty(Gangagonj)
Pawrashava:Comilla, P.S: Kotowali
Dist: Comilla

Rajshahi Division

Rajshahi Branch
138/144, Shaheb Bazar,
Rajshahi-6100.
Phone : (0721) 773980-1, 771874
Fax     : 88-0721-773980
Telex   : 671597 PBLRJ BJ
SWIFT: PRBLBDDH009
Email : primerajshahi@yahoo.com
Bogra Branch
331/364, Katnerpara (Borogola)
Rangpur Road, Bogra-5800
Phone: (051) 78203, 67172, 06445190191
Fax : 88-051-61142
SWIFT: PRBLBDDH022
Email : bogra@primebank.com.bd
Naogaon Branch
Jagannath Bhaban (2nd & 3rd Floor)
Ward # 4, Holding # 320, Main Road
Bridge-er-More, Naogaon
Phone : (0741) 62150, 62151
 Fax    : 88-0741-62152

Existing Branches

Khulna Division

Khulna Branch
7, Old Jessore Road
Khulna -9100.
Phone : (041) 720071, 725100.
Telex  : 627266 PBLKN BJ
Fax    : 88-041-731195
SWIFT: PRBLBDDH004
Email : primekln@khulna.bangla.net
Jessore Branch
47, Netaji Subhas Chandra Road,
Jessore Town, Jessore-7400
Phone :(0421) 73622-3
Fax     : 88-0421-73624
SWIFT: PRBLBDDH018421)-73624
Email : bank1963@bttb.net.bd

Existing Branches

Sylhet Division

Sylhet Branch
Laldighirpar, Sylhet-3100
Phone : (0821) 721127, 710208
Fax     : 88-0821-710673
Telex   : 633241 PRIME  BJ
SWIFT: PRBLBDDH006
Email : primesylhet@yahoo.com
Islamic Banking Branch
Nabiba Complex
Amberkhana Airport Road, Sylhet-3100
Phone : (0821) 717337, 717332
Fax     : 88-0821-717337
Email : primeamb@scsl.bd.com
Fax     : (0821)-717337
Court Road Branch
Court Road, Moulvi Bazar -3200
Phone : (0861) 53877, 53878, 54940
Fax     : 88-0861-53878
Telex   : 642193 PBLMB BJ
SWIFT: PRBLBDDH014
Email : monjur_islam@hotmail.com
Beanibazar Branch
Zaman Plaza (1st floor)
P.O.-Beanibazar
P.S.- Beanibazar, Dist.-Sylhet
Phone : (03799) 288645,(03799) 287864
Fax     : (03799) 286454FFax     : (0821)-717337
Tajpur Branch
Maya View Super Market (1st floor)
P.O.-Tajpur, P.S.-Osmaninagar
UpoZilla-Balaganj, Dist.- Sylhet.
Phone : (08242) 56610, 56611, 56612
Upashahar Branch
Alif Center (1st floor-Front Portion)
Subhanigat, Upashahar
P.S.- Sylhet, Dist.-Sylhet
Phone : (0821) 811366, 723524
Bishwanath Branch
Al-Burak Shopping Center (1st Floor)
Bishwanath Bazar, Bishwanath
Sylhet
Phone : (08224) 56017
Fax     : 88-08224-88480
Sreemangal Branch
Saptadinga Complex (1st Floor)
Ward # 9, Holding # 145,
Moulvibazar Road, Sreemangal, Moulvibazar
Phone : (08626) 71181, 71183
Fax : 88-08626-71182 : (0821)-717337

Existing Branches

Barisal Division

Barisal Branch
37, Hemayet Uddin Road, Barisal – 8200.
Phone  : (0431) 64011, 64012
Fax      : 88-0431-63712
Telex    : 671601 PBLBL BJ
SWIFT: PRBLBDDH008
Email : primebsl@gmail.com