Prime Bank PLC, a leading private commercial bank in Bangladesh, has entered into a strategic partnership with FMO, the Dutch entrepreneurial bank, to amplify its commitment to inclusivity and sustainability.
The collaboration comes in the form of a Term Loan Agreement, with FMO providing $50 million to Prime Bank for on-lending to projects focused on agriculture, women, youth, and green initiatives.
Established in 1995, Prime Bank has earned a reputation for delivering high-quality and impact-driven banking services to Corporate, MSME, and Retail customers in both conventional and Islamic modes.
This partnership aligns with Prime Bank's vision to foster inclusive and sustainable prosperity through private-sector investments that generate positive development impacts.
The agreement was formally signed by Hassan O Rashid, managing director and CEO of Prime Bank, and Huib-Jan de Ruijter, co-chief investment officer of FMO. The collaboration reflects the shared commitment of both organizations to drive positive change and contribute to the economic development of Bangladesh.
