PRIME BANK SECURES $20M TERM LOAN FROM INVEST IN VISIONS

PRIME BANK SECURES $20M TERM LOAN FROM INVEST IN VISIONS
Prime Bank has successfully signed a term loan agreement for $ 20 million with Invest In Visions Microfinance Fund, a German-based impact investor. A signing ceremony took place recently in Frankfurt, Germany. Hassan O. Rashid, CEO, and Shams Abdullah Muhaimin, DMD, represented Prime Bank, and Invest In Visions was represented by Carlos De las Salas Vega, chief investment officer. This funding will be strategically deployed by Prime Bank for lending to micro, small, and medium enterprises across Bangladesh.