Prime Bank marked a significant achievement


FE Team | Published: February 28, 2024 23:48:41


Prime Bank marked a significant achievement

Prime Bank has marked a significant achievement as the first local bank in Bangladesh to successfully conduct an international factoring transaction, reinforcing its leadership in innovative financial services. This is a pioneering step in collaboration with FCI and international correspondent covering exports of FGS Denims Ltd, to enhance financing landscape for exporters. Shams A. Muhaimin, deputy managing director of Prime Bank, handed over a crest to Peter Mulroy, secretary general of FCI. Md. Nazmul Kabir, managing director of Fashion Globe Group, Professor Dr. Prashanta Kumar Banerjee of BIBM, and Mahbuba Ashraf, executive vice president - transaction banking and head of diversity and inclusion, were present during the agreement signing.

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