PBIL shifts head office

The Prime Bank Investment Ltd (PBIL), a subsidiary of Prime Bank Ltd on Wednesday inaugurated its head office in the city's Banani shifting from Motijheel to focus more on the corporate clients. To this connection, an inauguration ceremony was held at the new PBIL office located at Tajwar Centre in road 19/A of Banani. Prime Bank Ltd chairman Azam J Chowdhury, PBIL chairman M Farhad Hussain, its director Ahmed Kamal Khan Chowdhury, and PBIL managing director & chief executive officer (CEO) Tabarak Hossain Bhuiyan were present at the inauguration ceremony. Mr Tabarak said PBIL shifted its corporate office to Banani from Motijheel to expand its activities related to corporate advisory and issue management of the valued clients. The PBIL officials also said from the beginning as a division of the Prime Bank Ltd in 2006, PBIL has turned itself into one of the leading investment banks of the country. The PBIL started its journey as a separate company since April 28, 2010 with a paid-up capital of Tk 3.0 billion.

— FE Report