Prime Bank

What Prime Bank does

Prime Bank PLC is a top-tier second-generation commercial bank in Bangladesh, established in 1995 and headquartered on Gulshan Avenue, Dhaka. The bank is publicly listed on the Dhaka Stock Exchange and Chittagong Stock Exchange (ticker: PRIMEBANK) and operates 149 branches and 158 ATMs across all eight administrative divisions of Bangladesh, in addition to offshore banking units at DEPZ and CEPZ. Reported consolidated net profit for 2025 was Tk 910 crore, up 24% year-over-year, with a 30% dividend approved.

The bank operates a multi-channel distribution model spanning physical branches, agent banking, and digital self-service platforms including MyPrime (online/mobile banking), PrimePlus (AI/ML-based real-time digital account opening), Prime Assist, PrimePay (digital cash management and payments), and RemitPrime (NRB remittances). Core banking runs on Temenos Transact, supported by an enterprise data warehouse and data lake that feed AI/ML capabilities for identity verification, credit monitoring, and operational risk aligned with Basel III standards. Customer segments include Retail (with Priority and Neera women-banking sub-brands), Wholesale/Corporate, SME, Agriculture, NRB, and Islamic banking (Hasanah). Notable proprietary technology includes the TapIn NFC contactless sticker card co-developed with Mastercard, the Bangla QR-based cattle payment system, and the first blockchain-based Inland Letter of Credit executed in Bangladesh with Dhaka Bank.

Prime Bank monetizes through five primary revenue streams: interest income on retail, SME, corporate, and agricultural lending; fee and commission income from transactions and cards; trade finance and foreign exchange margins; digital banking subscription revenues; and wealth management services delivered through wholly-owned subsidiary Prime Bank Investment PLC (PBIL). The GTM motion blends enterprise field sales (149-branch corporate/wholesale coverage), channel partners (Service Hub's PayStation EMI network of 1,000+ merchants, SME Foundation), and product-led digital onboarding via PrimePlus. International Development Finance Institution partnerships — IFC (since 2014, $50M in 2023 and $35M in 2020), OPEC Fund ($30M in 2026), Invest In Visions ($20M in 2026), and British International Investment ($30M in 2021) — have mobilized approximately $135 million for MSME lending, trade finance, and FX liquidity, anchoring the bank's financial-inclusion and trade-finance franchises.

Name

Prime Bank

Legal name

Prime Bank PLC.

Website

https://www.primebank.com.bd

Company type

Public

Founded year

1995

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Prime Bank PLC is a publicly listed Bangladeshi commercial bank operating 149 branches and 158 ATMs nationwide, serving retail, SME, corporate, agricultural, NRB, and Islamic banking customers through conventional and digital channels including MyPrime, PrimePlus, and PrimePay.

Ownership category

akta.pro rank

Product category

Commercial Banking

NAICS

Commercial Banking (522110)

SIC

Commercial Banks, Nec (6029)

akta.pro primary industry

Affluent/Premier Retail Banking (Mass Affluent) (FSABAAAG)

akta.pro secondary industry

Islamic Corporate Banking (FSABAGAC)

Keywords

• Retail banking services
• Commercial banking
• Digital banking
• Trade finance solutions
• Sme lending

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Interest Income: Primary revenue stream from interest earned on loans and advances including retail, SME, corporate, and agricultural loans
2. Fee and Commission Income: Transaction fees, service charges, trade finance fees, card-related fees, and commission from correspondent banking relationships
3. Trade Finance Services: Import/export financing, letter of credit services, and foreign exchange transactions generating revenue through margins and fees
4. Digital Banking Services: Revenue from digital platforms including MyPrime, PrimeAssist, and co-branded card partnerships
5. Wealth Management: Investment products, brokerage services through Prime Bank Investment PLC (PBIL), and asset management services

Pricing tiers

Go-to-market motion3 records

Distribution channels7 records

Marketing channels6 records

Core offering

Prime Bank PLC is a full-service commercial bank offering conventional and Islamic banking products including savings/current accounts, deposits, credit/debit cards, personal/home/auto/education loans, SME and corporate lending, trade finance (import, export, Inland LC, foreign exchange), treasury, cash management, agricultural loans, women-focused banking (Neera), priority banking for HNW clients, wealth management through subsidiary PBIL, NRB remittance services, and bancassurance. Distribution spans 149 branches, 158 ATMs, offshore banking units, and digital channels (MyPrime, PrimePlus, PrimePay, Prime Assist, RemitPrime, Prime Shonjog, Prime Agrim).

Product overview

Prime Bank PLC operates a multi-channel banking platform comprising core digital banking services (MyPrime, PrimePlus, Prime Assist), diverse card products (credit cards, debit cards including multi-currency variants), and specialized banking segments (SME, agricultural, women-focused Neera, Islamic Hasanah, Priority, NRB). The bank offers digital financial services including PrimePay cash management, PrimeInvest wealth management, Prime Shonjog lending, Prime Agrim agriculture banking, and RemitPrime remittances. Recent innovations include the TapIn NFC sticker card with Mastercard and Bangla QR payment system. The bank serves retail, corporate, and SME customers across 149 branches and 158 ATMs in Bangladesh through both conventional and Islamic banking windows.

Differentiator

Problem solved

Functional benefit

Brands

• Neera: Women-focused banking proposition with tailored financial solutions including savings accounts, loans, and multi-currency debit cards for women professionals and entrepreneurs.
• PrimePay
• MyPrime
• PrimePlus
• PrimeAcademia
• PrimeInvest
• Prime Agrim

Products and services

• MyPrime Digital Banking Digital banking platform available via web and mobile app (Google Play, Apple App Store) for balance checks, fund transfers, bill payments, card activation, PIN management, and other self-service banking functions for retail and SME customers.
• PrimePlus Digital Account Opening Real-time digital account opening solution using AI/ML for identity verification, auto de-duplication, and sanction screening. Customers receive an instant account number, real-time transaction facility, instant debit card, and internet banking access without visiting a branch.
• Credit Cards Full suite of credit cards including conventional and Islamic options, with lifestyle benefits and global acceptance, available to individual consumers and corporate clients.
• Neera Multi-Currency Debit Card Multi-currency debit card enabling global ATM, POS, and e-commerce transactions in multiple currencies with contactless payment capability, designed for women customers under the Neera proposition.
• TapIn NFC Sticker Card Next-generation NFC contactless sticker card co-developed with Mastercard enabling tap-to-pay transactions at NFC-enabled POS terminals for retail and corporate customers in Bangladesh.
• Bangla QR Cattle Payment System First Bangla QR-based payment system in Bangladesh designed for cattle purchases during Eid, enabling QR-based transactions for agricultural and festival trading.
• PrimePay Digital Cash Management Digital cash management platform supporting RTGS, BEFTN, fund transfers, cheque issuance, utility bill settlements, and omni-digital payment services for corporate and SME clients such as Samuda Group and Quality Feeds Limited.
• Trade Financing Solutions Import/export financing, letter of credit services (including the first locally developed blockchain Inland LC), and foreign exchange transactions generating revenue through margins and fees for corporate and SME clients.
• Debt Capital Market Solutions Debt capital market solutions for corporate and institutional clients seeking structured debt issuance and placement services.
• Treasury Solutions Treasury solutions for large corporate clients covering foreign exchange, money market, and hedging products.
• SME Banking Comprehensive SME banking services including savings, borrowing, cluster-based financing, and specialized SME digital loan processing for micro, small, and medium enterprises across manufacturing, trading, and services sectors.
• Prime Anchol (Women Entrepreneurship Loan) Women entrepreneurship loan product supporting working capital, business expansion, and fixed asset acquisition with competitive interest rates and collateral-free options up to BDT 50 Lac at 5% interest (on refinance from Bangladesh Bank).
• Neera Women Banking Proposition Women-focused banking brand offering Prime Women's Savings Account, Prime Neera Loan, Prime Anchol business loans, multi-currency debit cards, and skill development programs for women entrepreneurs, professionals, and leaders.
• Prime Student File (Education Financing) Education financing service for Bangladeshi students studying abroad, offering loans up to BDT 20 Lac with 5-year tenor, foreign exchange services, and student file management.
• Abad (Crop Loan) Crop loan product for agricultural borrowers covering cultivation financing needs for farmers across Bangladesh.
• Khamar (Farm/Non-Crop Loan) Farm and non-crop loan product for livestock and fisheries financing needs for farmers and agripreneurs.
• Nabanno (Agri-purpose Loan) General agri-purpose loan product covering diverse agricultural financing needs for farmers and rural enterprises.
• Prime Agrim Agricultural Banking Platform Agricultural banking digital platform supporting farmers with specialized agri-loans (Abad, Khamar, Nabanno) and digital account access.
• Priority Banking Premium banking service for high-net-worth customers offering personalized relationship management and exclusive benefits.
• Hasanah Islamic Banking (SME) Islamic banking brand under the MSME portfolio offering Shariah-compliant financing solutions for businesses, including SME foreign trade, investment modes, and SME services.
• Prime Assist (Digital Customer Service) Digital customer service and assistance solution within Prime Bank's digital channels portfolio for retail and SME customers.
• RemitPrime Remittance Service International remittance service for Non-Resident Bangladeshi (NRB) customers enabling cross-border fund transfers to Bangladesh.
• PrimeInvest Wealth Management Comprehensive capital market investment solution offered through wholly-owned subsidiary Prime Bank Investment PLC (PBIL), providing wealth management, brokerage, digital onboarding, and fintech partnerships.
• Prime Shonjog Digital Lending Digital lending platform connecting borrowers with financing opportunities through a self-service online application channel.
• Offshore Banking Units Offshore banking units at DEPZ (Dhaka Export Processing Zone) and CEPZ (Chattogram Export Processing Zone) for export processing zone customers requiring foreign currency and trade-related banking.
• Prime Bancassurance (Conventional and Takaful) Bancassurance distribution including conventional insurance and Takaful (Islamic insurance) products offered to retail and SME customers through Prime Bank's branch network.

Quantifiable outcome

• 24% increase in consolidated net profit to Tk 910 crore for 2025
• +3 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability8 records

Feature6 records

Partnerships

Eleven partnerships are on record, tiered minor and core.

• The Daily StarminorGTM or Marketing Partner · 21 July 2026Joint initiative to recognize high achievers of O and A Levels Awards, supporting educational excellence and youth recognition programs.
• British CouncilcoreStrategic or Co-development Partner · 11 July 2026Strategic partnership to strengthen commitment to diversity and inclusion through collaborative initiatives supporting youth development and cultural exchange programs.
• ELYZE Aesthetic ClinicminorGTM or Marketing Partner · 6 May 2026Strategic partnership providing exclusive benefits to Prime Bank's Neera customers and employees including discounts on aesthetic and wellness services.
• Service Hub Limited (PayStation)coreChannel Partner/ Reseller/ Distributor · 3 May 2026Payment system operator licensed by Bangladesh Bank providing flexible payment solutions to Prime Bank customers. Through this partnership, customers access EMI facilities via PayStation platform and make internet banking payments at over 1,000 PayStation merchants nationwide.
• SME FoundationcoreStrategic or Co-development Partner · 18 April 2026Agreement to boost CMSME growth with low-interest, collateral-free loans under the partnership. Enables Prime Bank to offer loans with favorable terms to small and medium enterprises through SME Foundation's credit enhancement scheme.
• Samuda GroupcoreStrategic or Co-development Partner · 13 April 2026Strategic cash management agreement where Samuda Group utilizes Prime Bank's digital platform PrimePay for all domestic disbursements and leverages the bank's nationwide branch network for sales collections. Services include RTGS, BEFTN, fund transfers, cheque issuance, and utility bill settlements.
• Prime Bank Investment PLC (PBIL)coreTechnology or Integration · 30 March 2026Subsidiary specializing in wealth management and digital innovation. Received The Asset Triple A Digital Finance Award 2026 for Best Digital Collaboration. Initiatives include digital onboarding, fintech partnerships, and SDG-aligned collaborations for financial inclusion.
• Chittagong Port Authority (CPA)minorStrategic or Co-development Partner · 9 March 2026Launched co-branded VISA credit card to enhance financial convenience in port operations. Partnership facilitates trade and commerce through specialized banking services for port stakeholders.
• FriendshipcoreStrategic or Co-development Partner · 1 March 2026Landmark climate resilience initiative for Bangladesh's most vulnerable chars (river islands). Partnership supports environmental sustainability and community resilience in climate-affected regions.
• Quality Feeds LimitedcoreStrategic or Co-development Partner · 1 December 2025Payroll banking and cash management services agreement including digital platform services, consumer banking products, and MIS system to improve efficiency and transparency for the animal feed manufacturer's financial operations.
• MastercardcoreTechnology or IntegrationPartnership for TapIn NFC sticker card development and general card services. Joint launch of next-generation NFC contactless sticker card 'TapIn' to redefine payment experience.

Scale indicators8 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Bank Asia PLC: Second-generation private commercial bank with similar nationwide branch presence, retail/SME focus, and digital banking platform; close competitor in mid-tier segment.
• Dutch-Bangla Bank PLC: Largest second-generation private commercial bank in Bangladesh with comparable nationwide branch network, retail/SME focus, and digital banking leadership; most direct domestic peer to Prime Bank.
• BRAC Bank PLC: Leading SME-focused private commercial bank in Bangladesh with Astha retail digital banking and a similar segment mix to Prime Bank, including women entrepreneur and agriculture lending.
• Eastern Bank PLC (EBL): Mid-sized private commercial bank with strong corporate and retail banking, similar branch footprint, and digital platform; Md. Ehsan Khasru, Prime Bank's MD, was previously at Eastern Bank, indicating overlapping talent and operating model.
• The City Bank PLC: Bangladesh private commercial bank with comparable retail/SME/corporate segment mix and digital banking (Citytouch); former employer of Prime Bank's prior MD, indicating similar positioning.
• Mutual Trust Bank PLC: Private commercial bank offering conventional and Islamic banking windows similar to Prime Bank's Hasanah, with comparable retail and SME focus and digital channels.
• Islami Bank Bangladesh PLC: Bangladesh's largest Islamic bank; comparable Islamic banking window (Hasanah at Prime Bank) and similar retail/SME positioning, making it the closest peer for Prime Bank's Shariah-compliant franchise.
• Southeast Bank PLC: Private commercial bank with comparable scale, branch network, retail/SME/corporate mix, and digital banking; direct mid-tier peer within the same Bangladesh private banking cohort.

Broad incumbents

• Standard Chartered Bangladesh: International incumbent with presence in Bangladesh focusing on wholesale, trade finance, and affluent retail; competes with Prime Bank in corporate and Priority banking segments with deeper capital base.
• HSBC Bangladesh: Global incumbent with Bangladesh presence competing in wholesale banking, trade finance, and affluent/priority retail segments; broader geographic footprint but overlapping product suite with Prime Bank's corporate banking.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/primebankbd
• YouTubeyoutube.com/@PrimeBankLimitedBD
• Facebookfacebook.com/bdprimebank
• LinkedInlinkedin.com/company/primebankbd
• Instagraminstagram.com/primebankofficial

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries1 record

Funding overview

Funding rounds7 records

Investors6 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Prime Bank