Prime Bank Earns Three Accolades at Asset Triple A Awards 20231 min read
Prime Bank emerges triumphant at The Asset Triple A Awards 2023 in Bangladesh, clinching three prestigious accolades in sustainable finance. The bank’s stellar performance underscores its leadership in fostering sustainable economic development. In a remarkable feat, Prime Bank has been honored in three categories at The Asset Triple A Awards 2023, solidifying its position as a trailblazer in sustainable finance within the Bangladeshi banking landscape.
The bank’s triumphs include securing the titles of “Best Syndicated Loan – Microfinance & Agribusiness,” “Best Syndicated Loan – Energy Efficiency,” and “Best Loan Advisor” in Sustainable Finance. These accolades serve as a testament to Prime Bank’s unwavering commitment to promoting sustainability through its financial initiatives.
The recognition for “Best Syndicated Loan – Microfinance & Agribusiness” was bestowed upon Prime Bank for its instrumental role in facilitating syndicated term financing amounting to Tk500 crore for the esteemed Sajida Foundation. Similarly, the bank was lauded for its contribution to advancing energy efficiency through syndicated term financing of $26 million for Meghna Ceramic Industries, earning the prestigious “Best Syndicated Loan – Energy Efficiency” award.
These remarkable achievements can be attributed to the outstanding efforts of Prime Bank’s Debt Capital Market team, whose dedication and expertise have propelled the bank to new heights in sustainable finance. In addition to its success at The Asset Triple A Awards, Prime Bank has recently garnered several other notable accolades, including being named the Best Private Commercial Bank and Most Sustainable Bank in Bangladesh for the year 2024 by Brands Review Magazine. Furthermore, the bank was honored with the title of Most Innovative SME Bank in Bangladesh by the International Finance Award.
Prime Bank’s remarkable achievements at The Asset Triple A Awards 2023 underscore its dedication to delivering exceptional service quality and fostering sustainable growth in Bangladesh’s financial landscape.
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