Prime Bank's top executives during an online press conference
Prime Bank's top executives during an online press conference

Prime Bank Limited organised an online press conference to mark its 25th anniversary.

In view of the present coronavirus outbreak situation, the bank held its online ‘Meet the Press’ webcast to maintain social distancing. This is the first online press conference in the banking sector in Bangladesh.

Competing 25 years since its establishment, Prime Bank had planned a grand silver jubilee celebration, but in view of the COVID-19 situation, it decided to postpone the celebrations.

The bank’s managing director and CEO Rahel Ahmed and senior management officials shared the bank’s future plans and answered various questions from the media at the press meet on 19 April. The press meet was broadcast live on Prime Bank’s Facebook page and YouTube channel.

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DMD and CRO Md. Touhidul Alam Khan, DMD and CFO Mohammad Habibur Rahman Chowdhury, DMD & CBO Faisal Rahman, Head of HR Ziaur Rahman, COO Abdul Halim, Head of Consumer Banking ANM Mahfuz, Head of TB, SFD & ID Shams Abdullah Muhaimin, Head MSME Banking Syed M. Omar Tayub, Head of IT Iqbal Hossain and Head of Brand and Communications Nazmul Karim Chowdhury, also joined the press conference.

Prime Bank started operations on 17 April 1995 as a private commercial bank. Over the years, the bank emerged as the leading private commercial bank in Bangladesh in terms of efficiency, capital adequacy, asset quality, sound management and profitability having strong liquidity.

With 146 branches, 170 ATMs and powered by more than 3,200 committed employees, the bank has established a strong reputation in corporate, consumer, and SME banking and treasury segments.

On the occasion, the bank’s chairman Azam J Chowdhury said: “Prime Bank has already made its distinctive mark in the country’s banking arena through world class products and services, consistent financial results, good governance, compliance, transparency and accountability. As Bangladesh starts its journey to graduate into middle income country, Prime Bank aspires to contribute to the government’s development journey through inclusive banking and entrepreneurship development. The bank sets sight to become the best Bangladeshi Bank scaling up its corporate, SME and consumer banking business across the country and through significant investment in people and technology.”

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Managing director and CEO Rahel Ahmed said: “The bank’s customer-focused and tailor made solutions have won over the valued customers. The bank will leave no stone unturned to meet the evolving needs of the customers in this changing environment. Digital innovation and improvement through continuous change in process and proposition will be forefront of our customer focused approach. At the height of rapid deployment of digital solutions, we will continue to harness our technology infrastructure with latest security solutions to safeguard our systems.”

He added: “We gratefully acknowledge the trust of our valued customers and shareholders and contribution of our employees that shape the bank what it is today. Prime Bank will continue to break new grounds blending its armour of innovative solutions with the power of committed employees who care for the customers.”