Premier Bank
Premier Bank PLC is a Bangladesh-based private commercial bank offering retail, corporate, SME, agricultural, and Islamic banking services through branches, agent banking, and digital platforms (Pmoney, Premier 360) for individuals, businesses, and institutional clients across Bangladesh.
- Company typePublic
- Founded1999
- HeadquartersDhaka, Bangladesh
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What Premier Bank does
Premier Bank PLC (also known as The Premier Bank Limited), established in 1999 and headquartered at Iqbal Centre, 42 Kemal Ataturk Avenue, Banani, Dhaka, is a Bangladesh-incorporated private commercial bank regulated by Bangladesh Bank. It operates a full-service banking platform across four primary segments: retail banking (accounts, term deposits, scheme deposits, home/auto/personal loans, credit cards, school banking, remittance, locker services), corporate banking (corporate finance, syndicate and structured finance, cash management), SME and agricultural banking, and Islamic banking (Al-Wadiah, Mudaraba savings, Mudaraba term deposits, and Shariah-compliant investment products). Its technology surface centers on Pmoney internet and mobile banking for Android and iOS, a Premier 360 customer portal, Corporate Quick Solution for corporate clients, and eKYC-enabled digital onboarding, distributed through a branch and ATM network, agent banking locations targeting unbanked and rural populations, and an offshore banking unit.
The bank monetizes primarily through interest income from conventional and Islamic lending products (home, auto, personal, corporate, SME, and agricultural loans) and fee-based income from account servicing, transactions, remittance, card services, and agent banking commissions. Deposits are sourced through savings accounts, term deposits, scheme deposits, and Mudaraba-based Islamic products. Distribution is multi-channel, combining direct branch sales, agent banking intermediaries, and self-serve digital platforms. Marketing is conducted via the company website, mobile app stores, and organic social presence on Facebook, LinkedIn, Instagram, YouTube, and X, supplemented by industry event participation such as the BAMLCO Conference.
In March 2026 Bangladesh Bank dissolved the bank's board and appointed a director-rank observer to attend board, executive committee, and audit committee meetings, citing governance concerns following the bank's prior control by the politically connected Premier Group after the fall of the Awami League government. A new Managing Director, Monzur Mofiz, took charge in December 2025. The bank also operates a wholly-owned securities subsidiary, Premier Bank Securities Ltd., and is structured as a public limited company listed on the Dhaka Stock Exchange.
Premier Bank firmographics
Firmographics- Name
- Premier Bank
- Legal name
- The Premier Bank PLC.
- Website
- https://premierbankltd.com
- Company type
- Public
- Founded year
- 1999
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Premier Bank PLC is a Bangladesh-based private commercial bank offering retail, corporate, SME, agricultural, and Islamic banking services through branches, agent banking, and digital platforms (Pmoney, Premier 360) for individuals, businesses, and institutional clients across Bangladesh.
- Ownership category
- akta.pro rank
Premier Bank industry classification
Industry- Product category
- Commercial Banking
- NAICS
- Commercial Banking (522110)
- SIC
- National Commercial Banks (6021)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industries
- Islamic Retail Banking (FSABAGAA), Islamic SME & Commercial Banking (FSABAGAB), Islamic Corporate Banking (FSABAGAC), Islamic Transaction Banking (Cash Management & Treasury Services) (FSABAGAF)
Keywords
Where Premier Bank is headquartered
LocationHeadquarters
- HQ city
- Dhaka
- HQ country
- Bangladesh
- HQ region
- Asia
Offices1 record
Markets served
Premier Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others
Revenue model
- Interest Income: Revenue generated from lending activities including home loans, auto loans, personal loans, corporate finance, SME loans, and Islamic banking investments. The bank offers both conventional and Islamic banking products.
- Fee-based Income: Revenue from various banking services including account maintenance, transaction fees, remittance services, locker services, card services, and agent banking commissions.
- Deposit Products: Attracting customer deposits through savings accounts, term deposits, scheme deposits, and Mudaraba-based Islamic deposit products.
Go-to-market motion1 record
Distribution channels5 records
Marketing channels4 records
Premier Bank product offering
Product offeringCore offering
Premier Bank operates as a full-service commercial bank offering deposit accounts, retail and corporate loans, credit/debit/prepaid cards, remittance and locker services, trade and structured finance, cash management, SME and agricultural financing, Islamic (Shariah-compliant) banking products, and offshore banking. Distribution is delivered through a multi-channel mix of physical branches, ATMs, agent banking outlets, and proprietary digital banking platforms (Pmoney internet and mobile, Premier 360 portal) for retail consumers, corporate clients, SMEs, and Islamic banking customers across Bangladesh.
Product overview
Premier Bank PLC is a traditional commercial bank offering a comprehensive portfolio of banking products and services. The bank operates a platform-plus-channel model consisting of core banking services (retail, corporate, SME, Islamic banking), card products (credit, debit, prepaid), and digital channels (Pmoney internet banking, Premier 360, Agent Banking, Offshore Banking). The bank also has a securities subsidiary. The product portfolio covers deposit accounts, various loan products, trade finance, cash management, and digital banking services for individuals, businesses, and corporate clients across Bangladesh.
Differentiator
Problem solved
Functional benefit
Brands
- Pmoney: Internet Banking and Smart Banking mobile app service offered by Premier Bank
- Premier 360
Products and services
- Retail Banking Personal banking services for individual customers including various account types, scheme deposits, term deposits, retail loans (home, auto, personal), school banking, remittance, locker, and student file services.
- Corporate Banking Banking services for corporate clients including corporate finance, syndicate and structured finance, and cash management solutions for financing current and fixed assets.
- SME & Agriculture Banking SME and agricultural loan products and services including SME loans, SME services, conventional products, and scheme products for small and medium enterprises and the agricultural sector.
- Islamic Banking
Companies that use Premier Bank
Customer profileSegments4 records
Ideal customer profiles4 records
Premier Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Premier Bank partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Bangladesh BankcoreBangladesh Bank, the central bank of Bangladesh, has appointed an observer (director-rank official) to Premier Bank's Board of Directors, Executive Committee, and Audit Committee meetings following the dissolution of the bank's board after the fall of the Awami League government. The appointment is part of regulatory oversight measures amid allegations against independent directors and concerns over governance at banks previously controlled by influential groups.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
Premier Bank competitors and assessment
Company assessmentDirect peers
- Dutch-Bangla Bank: Direct peer — Bangladeshi private commercial bank offering retail, corporate, and SME banking with an agent banking network. Comparable in size, product mix, and distribution model to Premier Bank in the same domestic market.
- BRAC Bank: Direct peer — one of the largest private commercial banks in Bangladesh, serving retail, SME, and corporate customers with a strong digital and agent banking platform. Closely comparable to Premier Bank across all major customer segments.
- Eastern Bank Limited (EBL): Direct peer — Bangladeshi private commercial bank with retail, corporate, SME, and treasury operations. Similar product breadth and customer segmentation as Premier Bank, competing in the same Dhaka-headquartered market.
- Mutual Trust Bank: Direct peer — Bangladeshi private commercial bank offering conventional and Islamic banking windows to retail, SME, and corporate clients. Comparable in scale and segment coverage to Premier Bank.
- One Bank Limited: Direct peer — Bangladeshi private commercial bank serving retail, SME, and corporate customers with similar deposit and lending products. Comparable mid-sized competitor to Premier Bank in the domestic market.
- Trust Bank Limited: Direct peer — Bangladeshi private commercial bank with retail, corporate, and SME offerings plus an established Islamic banking window. Comparable product mix and target segments to Premier Bank.
- City Bank (Bangladesh): Direct peer — Bangladeshi private commercial bank with retail, corporate, SME, and NRB banking services. Comparable diversified product set and similar customer segmentation as Premier Bank.
- National Bank Limited (Bangladesh): Direct peer — Bangladeshi private commercial bank offering conventional banking across retail and corporate segments. Similar domestic footprint and product offering to Premier Bank.
- Islami Bank Bangladesh: Direct peer — largest Islamic banking-focused bank in Bangladesh, competing with Premier Bank's Islamic Banking window across retail, SME, and corporate Shariah-compliant deposits and investments.
- Social Islami Bank Limited: Direct peer — Bangladeshi Shariah-compliant commercial bank serving retail, SME, and corporate customers. Competes with Premier Bank's Islamic banking segment in the same market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Premier Bank social profiles
Digital presencePremier Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Premier Bank leadership team
Management profileNumber of profiles
Profiles1 record
Premier Bank subsidiaries and ownership
Company hierarchySubsidiaries1 record
Premier Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Premier Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Premier Bank
What does Premier Bank do?
Premier Bank operates as a full-service commercial bank offering deposit accounts, retail and corporate loans, credit/debit/prepaid cards, remittance and locker services, trade and structured finance, cash management, SME and agricultural financing, Islamic (Shariah-compliant) banking products, and offshore banking. Distribution is delivered through a multi-channel mix of physical branches, ATMs, agent banking outlets, and proprietary digital banking platforms (Pmoney internet and mobile, Premier 360 portal) for retail consumers, corporate clients, SMEs, and Islamic banking customers across Bangladesh.
Is Premier Bank a public or private company?
Premier Bank is a public company. It is classified as unknown and is currently operating.
When was Premier Bank founded?
Premier Bank was founded in 1999. It employs 501 to 1,000 people.
Where is Premier Bank based?
Premier Bank is headquartered in Dhaka, Bangladesh, in the Asia region.
How does Premier Bank make money?
Three revenue lines are on record. Interest Income is the primary driver. The others are fee-based Income and deposit Products.
Who are Premier Bank's main competitors?
Direct peers on record are Dutch-Bangla Bank, BRAC Bank, Eastern Bank Limited (EBL), Mutual Trust Bank, One Bank Limited, Trust Bank Limited, City Bank (Bangladesh), National Bank Limited (Bangladesh), Islami Bank Bangladesh and Social Islami Bank Limited.
Does Premier Bank have an API?
No public API is recorded for Premier Bank.
What industry is Premier Bank in?
Premier Bank's product category is Commercial Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABAGAA, Islamic Retail Banking. Its NAICS code is 522110 and its SIC code is 6021.