In a landmark move to connect global capital with Bangladesh's expanding opportunities, Prime Bank Investment PLC (PBIL), a leading Bangladeshi investment bank and wholly owned subsidiary of Prime Bank PLC, has signed a comprehensive Memorandum of Understanding (MoU) with Lixia Capsia Gestionis LLC (LixCap), a Delaware-based leader in economic research and transaction advisory for emerging markets.
The agreement, signed virtually on October 7 marks a strategic collaboration to catalyze cross-border investments, foster innovation in sustainable finance, and empower key sectors such as renewable energy, agribusiness, and SMEs in Bangladesh.
PBIL offers a full spectrum of investment banking services across equity and debt capital markets, bespoke advisory, and discretionary portfolio management, supported by an expert team and advanced digital infrastructure.
Complementing PBIL's local depth, LixCap brings a proven track record of mobilising over $750 million in private capital for sustainable impact across blended finance, investment promotion, agribusiness and food logistics, renewable energy, and SME entrepreneurship, making it an ideal global partner for advancing Bangladesh's development priorities.
Under the MoU, both organizations will collaborate across dynamic pillars to unlock mutual value, including co-structuring high-impact transactions; attracting international capital; developing sector-specific funds for agriculture, renewables, logistics, and growth industries; designing blended finance and risk-mitigation solutions with DFIs, multilaterals, and donors; creating ESG-aligned investment frameworks; advising on sustainability, climate finance, green bonds, and renewable energy projects; delivering joint capacity-building programs; and providing policy insights to regulators to foster reforms along with strengthening cross-border ties among regulators, institutions, and industry leaders.
The virtual signing ceremony was attended by Syed M. Omar Tayub, managing director & CEO of PBIL, and William C. Fellows, managing director of LixCap, alongside senior representatives from both organizations.