Prime Bank PLC. has been honored with the prestigious ‘Sustainability Rating 2024’ award by Bangladesh Bank in recognition of its strong and consistent commitment to sustainability practices. This marks the third consecutive year that Prime Bank has received this accolade, reaffirming its leadership in sustainable banking.

The award was handed over to Mr. Hassan O. Rashid, Chief Executive Officer (CEO) of Prime Bank, by Dr Ahsan H. Mansur, Governor of Bangladesh Bank at a program organized by the central bank. The ceremony was also attended by Ms. Nurun Nahar, Deputy Governor of Bangladesh Bank; Mr. Chowdhury Liakot Ali, Director of the Sustainable Finance Department, Bangladesh Bank; Mr. Faisal Rahman, Additional Managing Director of Prime Bank; and Mr. Md. Ziaur Rahman, Deputy Managing Director & Chief Risk Officer of Prime Bank PLC.

This recognition underscores Prime Bank’s continuous efforts to integrate sustainability into its business operations, reflecting its dedication to responsible banking and long-term value creation for the community and the environment.

This continued recognition highlights Prime Bank’s strong and consistent commitment to sustainability, particularly in areas such as green refinancing, sustainable core banking operations, and corporate social responsibility (CSR).

Bangladesh Bank introduced the Sustainability Rating in 2020 to encourage banks and financial institutions to integrate environmental social and governance (ESG) principles into their business practices. The rating is based on five key indicators: the Sustainable Finance Index, CSR activities, Green Project Financing, the Core Banking Sustainability Index and Banking Services Coverage.

By excelling in these critical areas, Prime Bank continues to strengthen its position as a forward-looking financial institution dedicated to promoting sustainable development and environmental responsibility in Bangladesh’s banking sector.