Jagannath University MBA Program (3rd Batch) Department of Accounting & Information Systems

Internship Report on: “Overall Banking Systems of Prime Bank limited”

Performed at Motijheel Branch Submitted by: Name : Sonjit Roy Roll No. : 094680 Section : “C “ Session : 2008-2009 Submitted to: MD. Abdul Mannan Lecturer, Department of Accounting & Information Systems, Jagannath University, Dhaka

Date of Submission : December 05, 2012

LETTER OF TRANSMITTAL August 21, 2011 To Dr. Shakhawat Hossain Department of Accounting & Information Systems, Jagannath University, Dhaka. Subject: Submission of Internship Report on Prime Bank Limited. Dear Sir, It is my pleasure that I have the opportunity to submit my Internship Report on “General Banking of Prime Bank Limited” for the requirement of Master of Business Administration (MBA) degree.
I was assigned to work at Motijheel branch from September 10,2012 to December 102012, where I have observed closely and studied different practical aspects of the banking institute. I would like to say that it has been a great experience for me to work in the private commercial bank, PBL, which enlarged my practical knowledge in banking sector prevailing in Bangladesh. I tried my level best to put meticulous effort for the preparation of this report. Any shortcomings or flaws may arise as I am very much novice in this aspect. It would be pleasure for me, if this report can serve its purposes and I will be available to explain your quires if you feel necessary.

Sincerely yours,

(Sonjit Roy) MBA 3rd Batch Roll No: 094680

Acknowledgement
First of all I would like to express my gratitude to omnipotent and almighty Allah, whose invisible guidance helped me to complete this report. Although, time was very limited for getting the sufficient knowledge about all of banking service, but the short experience that I gathered as an internee, in Prime Bank Limited at Motijheel Branch is an asset for me for the rest of my life. I would like to take the opportunity to express my deep sense of gratitude to my distinguished supervisor, Mr. Shakawot Hossain (Lecturer, Business Administration, University of Liberal Arts Bangladesh) for his invaluable suggestions and guidance in preparing this report successfully. I am highly thankful to all of the employees of Motijheel Branch of Prime Bank Limited for their support that helped me to prepare this report. All of them are very frank and helpful. Besides I have special appreciation towards the following resource person for helping me:

           

Mr. Nasim Sekendar, EVP & Branch In-charge. Mr. Md. Mahiuddin Ahmed, SVP & Operation Manager. Mr. Md. Yusuf Ali, SAVP-GB. Ms. Dorothy Sultana, SAVP (Compliance) Mr. Md. Tajul Islam, SEO. Ms. Maksuda Alam, EO, (ATM). Mr. Atanu Chakraborty, EO (Online/IT). Ms. Affifa Begum, Senior Officer, (Remittance). Mr. Md. Mostafizur Rahman, Officer, (BSP). Mr. Md Ehasanul Alam Sadi, Officer, (BSP). Ms. Ashrafun Nessa, Officer, (A/C Opening). Ms. Sampa Debnath, Officer, (A/C Openning).

Finally, I want to express my deepest gratitude to my parents and other family members and also remember my friends whose enormous helps assist me to complete my report.

I have also mentioned the method followed to gather the information and the sources of data. excellence and consistent delivery of reliable service with superior value products. Chapter 3 starts with findings in different situations about Borrower’s Perception on Prime Bank Limited. with principle activities. a group of highly successful local entrepreneurs conceived an idea of floating a commercial bank with different outlook. Chapter 4 draws summary of this report. along with the objective of the report. management and branch’s hierarchy. Finally chapter 5 has the tables and graphs and other information in the appendix that might be needed for the better understanding of the report. I have introduced the topic. This report is written on the Borrower’s Perception on Prime Bank Limited. I have included my observation. In this chapter all the survey questions are graphically presented. some loop wholes and Prime Bank and the effects of these. ratio analysis of the Prime Bank Limited and their competitor’s AB Bank Limited. The company profile is stated in the chapter 2. it was competence. Then I have tried to draw out some solution to those problems and some recommendation. Borrower’s perception is so much importan t for any bank because if they know the perception level of their borrowers then they can do all the loan able works easily. About Prime Bank In the backdrop of economic liberalization and financial sector reforms. A borrower is a person or institution who has been approved to receive a loan and is then obligated to repay it and any additional fees according to the loan terms. In chapter 1. That’s why in this report I have tried to explain and highlight this issue precisel Chapter 2 Company Profile 1.CHAPTER: 01 INTRODUCTION This report is an outcome of the internship program under the BBA program requirement in the Prime Bank Limited. During my internship in the organization I have gathered different information which was necessary for preparing this report. which was mainly understand how to gain real life exposure in the banking sector and to get a clear idea about Borrower’s Perception. SWOT analysis and Loan calculator of Prime Bank Limited. It includes the background of the bank. . branch network. For them.

investment in technology is always a top agenda and under constant focus. Our past performance gives an indication of our strength. Prime Bank is being managed by a highly professional and dedicated team with long experience in banking. since its beginning has attached more importance in technology integration. Retail Banking and Consumer Banking right from industry to agriculture. Prime Bank offers all kinds of Commercial Corporate and Personal Banking services covering all segments of society within the framework of Banking Company Act and rules and regulations laid down by our central bank. To be innovative in the development of new banking products and services. Prime Bank has already made significant progress within a very short period of its existence. In order to retain competitive edge. Prime Bank. procedure and efficiency through integration of technology at all levels. asset quality. Corporate Philosophy For our Customers To provide the most courteous and efficient service in every aspect of its business. The bank has already occupied an enviable position among its competitors after achieving success in all areas of business operation. Prime Bank was created and commencement of business started on 17th April 1995. Vision To be the best Private Commercial Bank in Bangladesh in terms of efficiency. our strategy is to serve the customers through capacity building across multi-delivery channels. The bank has been graded as a top class bank in the country through internationally accepted CAMELS rating. For our Employees . We are better placed and poised to take our customers through fast changing times and enable them compete more effectively in the market they operate. Mission To build Prime Bank Limited into an efficient. capital adequacy. The sponsors are reputed personalities in the field of trade and commerce and their stake ranges from shipping to textile and finance to energy etc.Accordingly. Keeping the network within a reasonable limit. They constantly focus on understanding and anticipating customer needs. As the banking scenario undergoes changes so is the bank and it repositions itself in the changed market condition. Continuous improvement of our business policies. and real state to software. market-driven. customer focused institution with good corporate governance structure. As a fully licensed commercial bank. Diversification of products and services include Corporate Banking. sound management and profitability having strong liquidity.

Our Efforts are Focused On delivery of quality services in all areas of banking activities with the aim to add increased value to shareholders’ investment and offer highest possible benefits to our customers. Constantly seeking to improve performance by aligning our goals with stakeholders expectations because we value them. By upholding ethical values and best practices.By promoting their well-being through attractive remuneration and fringe benefits. By generating profits and fair return on their investment. For our Shareholders By forging ahead and consolidating its position as a stable and progressive financial institution. For our Community By assuming our role as a socially responsible corporate citizen in a tangible manner By adhering closely to national policies and objectives thereby contributing towards the progress of the nation. and provision of opportunities for career development. By promoting good staff morale through proper staff training and development. .

London Branch Introducing of PBL Exchange UK Limited .2010 04. Naogaon 1995 1999 2000 2001 2005 2006 2007 2008 2009 2010 2011 2012 01.2007 11.11.2012 17.2011 13.2000 29.1999 27.09.12.02.04.10.2000 29.1995 12. Pte.2006 15.2010 22.04.Oldham Branch Introduction of Prime Exchange Co. (Subsidiary of Prime Bank Limited) Opening of First Off-shore Banking Unit at DEPZ .03. Motijheel Formal launching of the Bank Commencement of Business from Motijheel Branch Commencement of Islamic Banking Business from IBB.1995 18.03.04.08.08.Subscription Opened Initial Public offering .1995 17.04.1995 20.11. (Jurong East Branch) received the 1st Prize in the ICMAB Best Corporate Award-2011 in the private banking category f received the Best Bank Award from The Institute of Chartered Accountants of Bangladesh (ICAB) on the basis of evaluation of the Presented Accounts and Annual Reports of 2011 in the Private Banking Category received the award of the Strongest Bank in the Country at the “Strong Rated Bank Award 2012” opened its 125th branch at Mohadevpur.Publication of Prospectus Initial Public offering .Subscription closed Listed with Chittagong Stock Exchange Limited Listed with Dhaka Stock Exchange Limited Trading of Shares in Dhaka Stock Exchange Limited Trading of Shares in Chittagong Stock Exchange Limited Registered Merchant Banker with SEC Completion of 10 years of service Introduction of Prime Exchange Co.02.Corporate Milestones Year Date 05.03.Birmingham Branch Introducing of PBL Exchange UK Limited .08.03. Pte.2011 Milestones Memorandum and Articles of Association signed by the sponsors Incorporation of the company Certificate of commencement of Business License issued by Bangladesh Bank License issued for opening the first branch.2012 .02. Ltd.04.09.1995 17.1999 22. Savar.08.02.12.2007 01. Dilkusha Initial Public offering .07.2005 08.2000 29. Dhaka Introducing of Temonous as Core Banking Software T24 Launching of ATM Launching of Internet Banking Introducing of PBL Exchange UK Limited . Ltd.1995 12.11.2010 03.1999 09.1995 08.2001 17.02.08.2012 22.03.1995 29.1999 15.2008 01.03.2009 02.

France Prime Bank wins 1st Prize in 11th ICAB National Awards SAFA Best Presented Accounts Awards 2009 Overall Winner SAFA Best Presented Accounts and Corporate Governance Disclosures Awards 2009 Winner (Banking Sector) .Awards and Achievement 12th Bangladesh Awards DHL -The Daily Star The BIZZ 2012 Inspirational Company Award ICAB National Award 2010 Best Published Accounts & Reports SAFA Award 2010 Best Published Accounts & Corporate Disclosures in Banking Sector ICMAB Best Corporate Award 2010 International Star for Leadership in Quality (ISLQ) Award 2010 Business Initiative Directions (B.) Paris.D.I.

10th ICAB National Award for Best Published Accounts & Reports 2009 First (Banking Sector) SAFA Best Presented Accounts Awards 2008 Joint Winner Banking Financial Sector SAFA Best Presented Accounts Awards 2007 Bronze Award Banking Sector SAFA Best Presented Accounts Awards 3rd Position 10th ICAB National Award for Best Published Accounts & Reports 2009 Winner (Private Sector) Corporate Governance Disclosure Awards ICMAB Best Corporate Performance Award 2008 First Position (Jointly) 9th ICAB National Awards for Best Published Accounts and Reports 2008 First Prize Financial Sector Banking FNS Award-2005 Best Performing Local Bank ICAB National Awards .2004 For Best Published Accounts and Reports First Prize Financial Sector (Banking) Corporate Social Responsibilities (CSR) at a glance .

02. Eye Hospitals. maintain a long term point of view to make economically sound. Prime Bank Limited and Prime Bank Foundation are proud to continue CSR activities for the greater interest of country’s socio economic development: 01. undertake mass awareness raising campaigns etc. child feeding and breastfeeding. have been included to provide with financial support in the form of monthly stipends for the persuasion of their graduation/post-graduation level studies in the country’s public sector universities and colleges. Prime Bank Foundation is proud to have another year of success of its Education Support Program launched in 2007. was created by Prime Bank Foundation in 2008 as an alternative to the expensive English primary schools at an affordable charge schedule. more preventive activities. setting up trauma centers etc. blindness etc. With the inclusion of these students. It is a long term. setting up vocational training centers. integrity and fairness in all our CSR practices. environmentally responsible and socially supportive decisions. and consistently act in a manner that fosters our stewardship and sustainability. infant. In 2009 reporting year. the total number of poor but meritorious students who are the recipients of Prime Bank Foundation stipends stood at 490. and diabetes.Investment in Education: a. the highest in one year since its inception. Dhaka. 05. 04. renewable scholarship program for underprivileged but meritorious students from across the country. A total of 1357 poor/ultra poor cataract patients were operated till date.Health Care Support setting up state-of-the-art hospital like Vellore CMC Health Care. Prime Campus: Prime Campus. More specifically. show compassion by becoming involved with and supporting local and national communities. we maintain an unwavering commitment to honesty. activities related to prevention of maternal mortality and morbidities. Our commitment to corporate social responsibility ensures we remain true to our heritage of integrity.Work with Handicap Population Investment in eradicating and preventing different disabilities such as drug addicts. b.Dristy Daan Project Setting a target of sight restoration of 1200 poor/ultra poor citizens of the country. the Prime Bank Foundation started off the Dristy Daan project in 2007. 198 underprivileged but meritorious students. Universal Health Care Centers.Health Management . an English medium school in Uttara. Education Support Program: Believing education as a tool for social change. Health Support to garment workers. support to facilities providing treatment and care of non-communicable diseases such as heart. 03.The biggest CSR of Prime Bank is to establish Prime Bank Foundation to execute its corporate social responsibilities activities in a greater scale.

Bangladesh being a riverine country is always in need of geo-textiles products. setting up accrediting body in the private sector. support people living in the coastal and ‘char’ areas. coastal. provide equipment to existing voluntary health facilities etc. Prime Bank came forward to support the Martyr families and donated Tk 2. . carbon trading etc. The bank has extended finance for establishing countrywide health centers and a teachers’ training college under the supervision and implementation of Diabetes Association of Bangladesh. and building protection for riverbank. partnership support has been offered by one organization. Develop a CSR strategy of PBF. The bank has also provided financial support to an innovative.Developing SOPs. nursing training.Support to Martyr Family The loss of lives in the BDR carnage shocked the entire nation. 09. which involves financing of a geo-textiles manufacturing project. 08. The bank’s finance was made available for upgrading of existing project as well as set up offshore health line call centers for Bangladeshi workers based in Kingdom of Saudi Arabia and the United Arab Emirates. 06. PBL also took responsibility to support two such families @ Tk 0. the only registered telehealth and electronic health service provider in Bangladesh. non-conventional yet a useful and much needed socio-medical project. Another important undertaking by the bank also merits mentioning.Games & Sports The Bank participated in major sponsorship programs in the area of sports viz. Financial assistance was provided to Bangladesh Cricket Control Board for development of the game.Other CSR activities of the Bank Donations of Passenger cum bed lift to Sylhet Diabetic Association Hospital. Tennis to popularize the same among the public.5 million to Prime Minister’s Relief Fund. Geo-textiles products are being used in ample quantity in construction of bridge and approach road. and embankment.48 million per year for ten years starting from 2009. Golf. improving supervision. "healthline" (accessible by dialing "789" from any mobile phone under Grameen Phone network) by Telemedicine Reference Center Limited (TRCL). The bank also financed TRCL to launch an Intensive Diabetes Management (IDM) services program in Bangladesh under its brand name "amcare". popularly known as.Environment Activities related to the prevention of environment degradation and promotion of environment. leadership training. and implementation of such an import-substitute product manufacturing facility would definitely help the country to save drainage of foreign exchanges. 07.

Internal stakeholders are the board of directors. 2. Improvement of Porter and Luggage Handling Services at the Kamalapur Railway Station. its shareholders and other stakeholders. Shahadat Hossain Md. Dhaka University Construction of Shahbag Foot Over Bridge Awareness Campaign at the three international airports of the country against swine flu. Khaleque Md. Board of Directors A board needs sufficient relevant skills and understanding to review and challenge management performance. Prime Bank board of directors consists of: Chairman Vice Chairman Vice Chairman Managing Director Director Director Director Director Director Director Director Director Director Director Director Director Director Md. Shirajul Islam Mollah Mizanur Rahman Bhuiyan M. Mohammed Aslam Bhuiyan . and other employees. It involves regulatory and market mechanisms. Ehsan Khasru Nasim Anwar Hossain Nazma Haque Marina Yasmin Chowdhury Quazi Sirazul Islam Salma Huq Khandker Mohammad Khaled Mafiz A. its board. Bhuiyan Muslima Shirin Imran Khan Md. debt holders. the main external stakeholder groups are shareholders. A. Dhaka. executives. customers and communities affected by the corporation's activities.Sponsoring 20 KVA Diesel Generator for Department of Development Studies. and the goals for which the corporation is governed. suppliers. trade creditors. Nader Khan Tanjil Chowdhury Prof. It also needs adequate size and appropriate levels of independence and commitment. In contemporary business corporations. Corporate Governance: Corporate governance is the system by which companies are directed and controlled. and the roles and relationships between a company’s management. Blankets and winter-clothes distribution among the winter distressed people of the society.

Ph. Ainun Nishat. Ehsan Khasru Md. Ph. Tabarak Hossain Bhuiyan Quazi A. A. Anisul Kabir . Organizations should develop a code of conduct for their directors and executives that promotes ethical and responsible decision making. Ainun Nishat.D. The members of audit committee are: Chairman Member Member Member Member Prof. M. S. Ehsan Khasru. Khaleque Nazma Haque Prof. Ph. Bhuiyan.D M. Ainun Nishat. Reazul Karim Muhammad Yasin Ali Ahmed Kamal Khan Chowdhury Md.D Integrity should be a fundamental requirement in choosing corporate officers and board members. Managing Director Additional Managing Director Deputy Managing Director Deputy Managing Director Deputy Managing Director Deputy Managing Director Md. Mohammed Aslam Bhuiyan Khandker Mohammad Khaled Management: Its management consists of seven members from the board of directors which is led by Managing Director Md. Executive Committee: Its executive committee consists of seven members from the board of directors which is led by Mafiz A. The members of executive committee are: Chairman Vice Chairman Member Member Member Member Member Mafiz A.Director Director Director Nafis Sikder Manzur Murshed Prof. Bhuiyan Tanjil Chowdhury Quazi Sirazul Islam Salma Huq Muslima Shirin Nasim Anwar Hossain Imran Khan Audit Committee: Its audit committee consists of five members from the board of directors which is led by Prof.

Pte Ltd PBL Exchange (UK) Limited Prime Bank Investment Limited PBL Finance (Hong Kong) Limited Prime Bank Securities Limited Prime Bank Foundation Management Hierarchy: .Deputy Managing Director Kanti Kumar Saha Subsidiary company of PBL: PBL has seven subsidiary companys. They are: Prime Exchange Co.

A.Source: Head office of Prime Bank Limited General Banking 1. Retail banking 1. Deposits .

Customer Benefit:      Cheque-book facility Opportunity to apply for .C. Transfer of fund from one branch to another by  Demand Draft  Mail Transfer  Telegraphic Transfer Transfer of fund on Standing Instruction Arrangement Collection of cheques through Clearing House. A. & Taka draft. this account is also accompanied by a Special Notice Deposit (SND) account. passport or driving license. .safe deposit locker facility Utility payment service Collect foreign remittance in both T.safe deposit locker facility Collect foreign remittance in both T.  Proof of identification such as national/voter's ID. Customer Benefit:     Cheque-book facility Opportunity to apply for . and Taka draft. 1.Savings Account: Prime Bank brings the ultimate trust. At the time of opening. security and convenience in Current Account in Taka which can be freely deposited and withdrawn.  Passport size photograph for each account holder. security and convenience in Savings Account. SMS Banking Online banking service Prime Bank Branded ATM card       Documents required:  Completed account opening form. 1. Any Bangladeshi national with an age of 18 years or above can open this. Transfer of fund from one branch to another by  Demand Draft  Mail Transfer  Telegraphic Transfer Transfer of fund on Standing Instruction Arrangement Collection of cheques through clearing house SMS Banking Online banking service Prime Bank Branded ATM card       Documents required:  Completed account opening form. A. Current Account: Prime Bank brings you the ultimate trust.1.C.2.

1.3. A.00 crore b) Tk.00% 12.4.00 crore e) Tk.00% 11. 50. A.00 crore and above but below Tk. 1.00 crore and above 7.00% 5. 100.00 crore and above but below Tk. Deposit Rates: Sl 01.50% 12. 1. 100. 50.00 lac and above but below Tk. Savings Deposit Fixed Deposit A) 1 (One) month a) Below Tk.50% 3. Deposit Schemes:          Double Benefit Deposit Scheme Monthly Benefit Deposit Scheme House Building Deposit Scheme Education Savings Scheme Lakhopati Deposit Scheme Prime Millionaire Scheme Contributory Savings Scheme Laksma Puron Savings Scheme Account 150% Its wide range of UNIQUE deposit scheme products are the perfect combination of liquidity and returns.00 crore and above but below Tk.50% Rate of Interest .00% 5.3.00 crore c) Tk. 1.00 lac b) Tk.3.00 crore and above but below Tk.50.00 crore d) Tk. passport or driving license. 25.00 crore c) Tk.50% 12. Particulars Special Notice Deposit (For Customer) a) Below Tk. 03.1.00 crore and above 02. Passport size photograph for each account holder.50% 5.50.50% 8. 25.00 crore d) Tk. 1.  Proof of identification such as national/voter's ID.

00 crore c) Tk. most convenient features and easily-avail procedures.00 crore c) Tk.1.00 crore and above but below Tk.50% 12.3. You can avail the loan with competitive rates.1.3.3.3.maximum 25 years Apartments under construction is also considered 03-18 months grace period Partial or early settlement conveniently 12.50% .50% 12.50% 12. Your satisfaction is our priority throughout the full tenure of loan from beginning to repayment. B. it's our dream! Swapnaneer will enable you to turn your dream into reality. Loans: 1. home is no more a living place to us.1.00 crore and above but below Tk.00 crore b) Tk.B) 3 (Three) months a) Below Tk. Key Features:          Criteria to be eligible:  Age: at least 25 years  Professional Experience: Construction of own building /home Purchase of flat/building Loan amount maximum 1 crore Income of spouse.00 crore and above 1.50% 12. parents and siblings if any are considered Competitive interest rates on a monthly/quarterly reducing balance Loan tenure . Swapnaneer Home Loan: In reality.00 crore c) Tk.3.00 crore and above but below Tk.1.00 crore and above C) 6 (Six) months a) Below Tk.50% 12. B.00 crore b) Tk.3.1.50% 12.50% 12.50% 12.00 crore and above D) 1 (One) year & above a) Below Tk.00 crore b) Tk.1.1.

Key Features:       Criteria to be eligible:  Age: At least 25 years  Professional Experience:  Salaried: permanently Employed for at least 2 years by a well-reputed organization including at least 6 months with present employer  Self employed: Professional experience or business establishment for at least 2 years (with adequate proof)  Minimum Monthly Income:  Salaried: BDT 20. Key Features:  Loan amount maximum 10 lac Purchasing brand new/ reconditioned personal vehicle. You can avail the loan with competitive rates. B. convenient features and simple procedures. Loan amount maximum 20 lac Income of spouse.000  Self Employed: BDT 40. Car Loan: Your personal or family tours and travels or any kind of daily movements starts with the necessity of owning a car! Owning a personal car is no longer a luxury but a matter of fulfilling a necessity. Our car loan will allow you to indulge your tours and travels needs with competitive rates. Any Purpose Loan: Worried of matching personal miscellaneous financial/family requirements? Our Any Purpose Loan will enable you to meet all your needs. B.   Security:      Salaried: Permanently employed at least for 02 years Self employed: Professional experience or business establishment for at least 2 years Minimum Monthly Income: Salaried and Self-employed : BDT 30.maximum 06 years Partial or early settlement facilities . earthquake.000 Mortgage and original title deed Signed TPA (Tri Partite Agreement) Irrevocable General Power of Attorney (IGPA) Customer protective insurance coverage Property insurance covering fire.000 Security:  Hypothecation over the car 1. flood & cyclone 1.2.3. parents and siblings if any are considered Competitive interest rates on a monthly reducing balance Loan tenure . convenient features and simple procedures.

Key Features:       Criteria to be eligible:  Age: At least 25 years  Professional Experience:  Salaried: permanently Employed for at least 1 year by a well-reputed organization including at least 6 months with present employer  Self employed: Professional exercise for at least 2 years (with adequate proof)  Minimum Monthly Income:  Salaried: BDT 10.maximum 5 years Convenient partial or early settlement  Age: At least 23 years  Professional Experience:  Salaried: permanently Employed for at least 2 years by a well-reputed organization including at least 6 months with present employer  Self employed: Professional experience or business establishment for at least 2 years (with adequate proof)  Minimum Monthly Income:  Salaried: BDT 10.000 Security:  Personal guarantee of the borrower/s  One personal guarantee acceptable to Prime Bank  Undated cheque 1.4. convenient features and simple procedures. B.maximum 3 years Convenient partial or early settlement .000  Self Employed: BDT 25. Marriage Loan: Thinking of the cost of wedding? Our Marriage Loan will enable you to indulge your long-cherished priorities and expenditures of your wedding.000  Self Employed: BDT 25. parents and siblings if any are considered Competitive interest rates on a monthly reducing balance Loan tenure .000 Security: Wedding cost Loan maximum 03 lac Income of spouse. parents and siblings if any are considered Competitive interest rates on a monthly reducing balance Loan tenure .     Criteria to be eligible: Highest 10 times of monthly income Income of spouse. You can avail the loan with competitive rates.

B.000  Self Employed: BDT 25.maximum 5 years Convenient partial or early settlement Age: At least 21 years Professional Experience:  Salaried: permanently Employed for at least 2 years by a well-reputed organization including at least 6 months with present employer  Self employed: Professional experience or business establishment for at least 4 years (with adequate proof)  Minimum Monthly Income:  Salaried: BDT 10. One can avail the loan with competitive rates. Key Features:     Criteria to be eligible:   Loan amount maximum 01 lac Competitive interest rates on a monthly reducing balance Loan tenure . parents and siblings if any are considered Competitive interest rates on a monthly reducing balance Loan tenure .000 . B.maximum 1. Doctor's Loan: Doctor's Loan will enable the doctor to convert his or her dream into reality. Key Features:       Criteria to be eligible:  Age: At least 25 years  Professional Experience:  Salaried: permanently Employed for at least 2 years by a well-reputed organization including at least 6 months with present employer  Self employed: Professional exercise for at least 2 years (with adequate proof)  Minimum Monthly Income:  Salaried: BDT 10.4. convenient features and simple procedures.5. convenient features and simple procedures. Personal guarantee of the borrower/s  One personal guarantee acceptable to Prime Bank  Post-dated cheque 1.000 Security:  Personal guarantee of the borrower/s  One personal guarantee acceptable to PRIME BANK  Post-dated cheque 1. CNG Conversion Loan: CNG Conversion Loan helps one to convert his or her personal vehicle to CNG.000  Self Employed: BDT 25. The person can avail the loan with competitive rates.5 years Convenient partial or early settlement Furnishing Doctor's chamber Loan amount maximum 10 lac Income of spouse.

7. B. Household Durables Loan: Household Durables Loan will enable one to buy his or her desired products.6. convenient features and simple procedures. Travel Loan: Travel Loan may enable one to convert his or her dream to travel abroad into reality.maximum 5 years Convenient partial or early settlement Travel on abroad Loan amount maximum 02 lac Competitive interest rates on a monthly reducing balance Loan tenure -maximum 3 years Convenient partial or early settlement . parents and siblings if any are considered Competitive interest rates on a monthly/quarterly reducing balance Loan tenure . The person can avail the loan with competitive rates.000 Security:  Personal guarantee of the borrower/s  One personal guarantee acceptable to PRIME BANK  Post-dated cheque 1.000  Self Employed: BDT 25. convenient features and simple procedures.Security:  Personal guarantee of the borrower/s  One personal guarantee acceptable to Prime Bank  Undated cheque 1. Key Features:       Criteria to be eligible:  Age: At least 21 years  Professional Experience:  Salaried: permanently Employed for at least 1 year by a well-reputed organization including at least 6 months with present employer  Self employed: Professional exercise for at least 3 years (with adequate proof) To buy furniture/home appliances/household durables Loan amount maximum 05 lac Income of spouse. Key Features:      Criteria to be eligible:  Age: At least 25 years  Professional Experience:  Salaried: permanently Employed for at least 2 years by a well-reputed organization including at least 6 months with present employer  Self employed: Professional exercise for at least 2 years (with adequate proof)  Minimum Monthly Income:  Salaried: BDT 10. One can avail the loan with competitive rates. B.

convenient features and simple procedures. spouse. Education Loan: Education Loan enables parents/guardians/students for those who want to fulfill their dreams.8.000 Security:  Personal guarantee of the borrower/s  One personal guarantee acceptable to Prime Bank  Post-dated cheque 1. One can avail the loan with competitive rates. Hospitalization Loan: Hospitalization Loan will enable one to pay the hospitalization/medical treatment cost.000 Security:  Personal guarantee of the borrower/s  One personal guarantee acceptable to Prime Bank  Post-dated cheque 1. parents and siblings if any are considered Competitive interest rates on a monthly reducing balance Loan tenure . B. convenient features and simple procedures.000  Self Employed: BDT 25.maximum 4 years Convenient partial or early settlement . Key Features:      Criteria to be eligible:  Age: At least 25 years  Professional Experience:  Salaried: permanently Employed for at least 2 years by a well-reputed organization including at least 6 months with present employer  Self employed: Professional experience or business establishment for at least 2 years (with adequate proof)  Minimum Monthly Income:  Salaried: BDT 10.2 years Partial or early settlement facilities Processing Fees 1% of loan amount Loan amount maximum 05 lac Income of guardian.9. Key Features:        Criteria to be eligible: Meet up hospitalization cost Loan amount 05 lac Income of spouse.000  Self Employed: BDT 25. One can avail the loan with competitive rates. parents and siblings if any are considered Competitive interest rates on a monthly/quarterly reducing balance Loan tenure . B. Minimum Monthly Income:  Salaried: BDT 10.

will enable you to meet all your needs.000 Security:  Personal guarantee of the borrower/s  One personal guarantee acceptable to PRIME BANK  Post-dated cheque 1. 1. convenient features and simple procedures. C.000 Key Features:  No Hidden Charge Loan up to 3 lac Highest 6/8 times of monthly income Income of spouse. Age: At least 25 years  Professional Experience:  Salaried: permanently Employed for at least 2 years by a well-reputed organization including at least 6 months with present employer  Self employed: Professional experience or business establishment for at least 2 years (with adequate proof)  Minimum Monthly Income:  Salaried: BDT 10.1.000  Self Employed: BDT 25. Credit Cards: 1. Local Card Limit > BDT 50. B. You can avail the loan with competitive rates. MasterCard Gold Credit Card: Prime Bank offers wide range of card products of MasterCard brand as per client requirements to enliven his or her lifestyle. C.  Employer Certificate incorporating to pay the monthly installments by deducting salary of the concerned applicant. Key Features:       Criteria to be Eligible:  Age: At least 21 years  Professional Experience:  Salaried: permanently Employed for at least 2 years by a well-reputed organization including at least 6 months with present employer Security:  Post Dated Cheques based on loan tenor. parents and siblings if any are considered Competitive interest rates on a monthly reducing balance Loan tenure of up to 3 years Convenient partial or early settlement .000 -< BDT 500.10 Loan against Salary: Worried about matching personal miscellaneous financial/family requirements from your salary? Loan Against Salary of Prime Bank Ltd.

Co. if any)  Self-employed Group  Two copies Color Photograph (P. Eligibility Particulars TIN Age Minimum Income Criteria TIN is mandatory Basic Card Supplementary Card Salaried Group 21 years to 70 years 18 years to 70 years Tk. if any)  Proof of T&T ownership (Photocopy of T&T Bill.)  Current six months Bank Statement (personal & Co. if any and not more than two months old) . 10. Size) duly attested by the applicant  Valid Trade License (if Proprietor) Partnership Deed (if partnership) Memorandum of Articles with Incorporation Certificate (for Ltd. Size) duly attested by the applicant  Salary Certificate (if Salaried)  Current six months Bank Statement (personal & Co.000/.P. 10. if any and not more than two months old)  TIN Certificate (only personal TIN)  Photocopy of Passport (1st Seven pages & dollar endorsement pages)  Proof of Residence (Electricity/WASA/ Gas Bill.P.          Immediate Cash Advance Highest Grace period Auto debit facility E-Statements SMS Alert Service (Push & Pull services) Free Supplementary Card Wide range network of POS acceptance and privilege Card cheque Real-time Transaction and VIP Transaction Monitoring Exclusive cardholder loyality program.(income should be Group validated) Salaried Group Minimum 6 months Self Group Employed Minimum 1 year List of documents: Documents required with application form:  Salaried Group  Two copies Color Photograph (P.000/- Business/Service Tenure Self Employed Tk. if any)  Proof of Car ownership (Photocopy of Blue Book of the car.

18 years to 70 years .2.1. if any) Proof of Car ownership (Photocopy of Blue Book of the car.21 years to 70 years  Supplementary Card . if any) Proof of T&T ownership (Photocopy of T&T Bill. Eligibility  Nationality:  Bangladeshi  Age:  For Basic Card . A Travel Quota Credit Card is issued against the entitlement of foreign Currency Quota allotted as per Bangladesh Bank guidelines. We offer both MasterCard and VISA TQ Card with a bundle of value added services for you. 1. Prime Bank International Credit Card: International Cards: About TQ (Travel Quota) Card: You have the opportunity to be privileged while selecting a Prime Bank TQ Card. It has been designed to give you more liquidity in terms of USD currency. Latest (no more than two years old) IT 88 acknowledged by ITO Photocopy of Passport (1st Seven pages & dollar endorsement pages) Proof of Residence (Electricity/WASA/Gas Bill. revenue stamp paper.00.       TIN Certificate (only personal TIN) Rent Agreement should be on govt. if any 1. MasterCard Silver Credit Card: This card incorporates all the features of the Master Card Gold Credit Card except that this card’s credit limit is less than BDT 25000. C. C. Limit: A cardholder can be entitled for total $6500 limit for one calendar year ($5000 for Non SAARC Countries & $1500 for SAARC countries + Myanmar).

Limit: $5000 . Limit: Cardholder’s limit will be fixed against balance of the A/C. Benefits of Prime Bank International Credit Cards            No transaction fee for purchases Roaming cell phone bill payment facility Strong fraud monitoring system Credit limit revolving facility against remaining travel quota (TQ Card) Flexible credit limit according to RFCD A/C balance (RFCD Card) Real-time transaction monitoring with VIP transaction monitoring to render undisrupted facility Immediate cash advance up to 20% from any MasterCard/VISA participating member bank ATMs throughout the world Accepted at 30 million merchant outlets internationally and 1.       Minimum Income Salaried Group .Minimum 1 year TIN is mandatory About RFCD (Resident Foreign Currency Deposit) Card RFCD Card gives you more access to your money according to your inevitable needs. A RQ Card is issued against the balance of ERQ (Exporter's Retention Quota) A/C. Eligibility: Pre-conditions of RFCD A/C with sufficient balance. Eligibility: Maintaining an ERQ A/C. VISA Gold Credit Card: . About RQ (Retention Quota) Card RQ is the most privileged Credit Card.$25.000/.(income should be validated) Business/Service Tenure Salaried Group .000/Self Employed Group .3. C.000.BDT 20.BDT 30.4 million ATMs for cash withdrawals Facility of making purchase and withdrawal in local currency 2 (Two) years validity period 24/7 Prime Bank Card Center access to give you service regarding your queries 1.Minimum 6 months Self Employed Group . Prime Bank provides you a flexi credit limit against your Foreign Currency A/C balance.

Unparallel benefits of Prime World Platinum Credit Card Platinum Treats:  Greater Financial Support  Exclusive Complementary Gifts  Loyalty Rewards:  Shop n Win:  Premium: Tk. C.T. C.or USD 6.1)  Free Access at Balaka VIP lounge  Free Priority Pass Membership  Priority Customer service  Year End A/C Summary Exclusive Privileges:  Platinum Privileges for Lifestyle Expenditure to perk up at Hotels. 5 Points = Tk.000.000/.000/-. Enjoy maximum collateral free credit limit of Tk.500/.5. Local Card  Limit > BDT 50. 500.000 -< BDT 500. 2.S) ( yyy )  Shop n Earn:  Get rewarded (Tk.000 [Match all 6 digits of transaction code with DOB (dd/mm/yy)]  Royal: i-Phone/Galaxy Tab ( yyyy )  Gold: Notebook/Vehicle Tracking System (V.000 Taka 1.000 1. 100.000 /.& collateralized limit of Tk.4.or USD 25.  $1=1 point. Platinum Credit Card: Platinum Treats that Make You VIP! Greater Financial Support: The world is now in the grip of your hand as with PBL Platinum Credit Card all you need is your wish to enjoy yourself.  10% discount on food items (except any beverage) at The Bithika Restaurant buffets of Ruposhi Bangla Hotel  Complementary Eye Check Coupon of PBL Eye Hospital  Complementary Apollo Master Health Check* . Restaurants etc.100=1 point. VISA Classic Credit Card:  Local Card  Limit < BDT 50.

Prime Platinum Health Check up packages Complementary 24/7 Ambulance service coupon of Popular Diagnostics Center Subsidized Health Check up packages at Popular Diagnostics Center Priority service facility in diagnosis at Popular Diagnostics Center Skip Minimum Payment Promotion (occasional) Auto line increase (As per Bank Policy) Renewal fee waiver based on the no.D Debit Cards: 24/7 Ambulance service at Apollo Hospitals* Square .          * Conditions apply Peace of Mind:      1. Master Debit Card: Master the power of money with us! Withdrawal or shopping was no easier and convenient ever before! Prime Bank offers you Master Debit Card. secure and convenient way to withdraw cash and convenient transactions at different MasterCard branded POS terminals. You can also withdraw cash from any MasterCard branded ATM booths of other banks.  Balance Enquiry Master debit card offers you free Balance Enquiry facility at any ATM booth of Prime Bank and DBBL.  Transaction at MasterCard Branded POS ‘No fee’ to use our card to make purchases. Key Features:  Cash Withdrawal You can enjoy free-of-cost cash withdrawal facility from any Prime Bank’s ATM booth and all DBBL booths.D. If you are a SD/CD/STD account holder of Prime Bank.1. you can avail this debit card and can master over 1300 ATMs all over Bangladesh and can get privilege in the MasterCard branded POS or MasterCard branded network. of transactions (Debit & Credit 20 transactions) Priority Banking Opportunity Triple Benefit Insurance Facility Emergency Card Replacement Fraud Monitoring System (GMON) Real-time Transaction & VIP Transaction Monitoring 24/7 Concierge Customer Service 1.Prime Platinum Complementary Health Check package * Subsidized Square . dining and living in Bangladesh. the fast.  Mini Statement . so enjoy purchases over millions of MasterCard Branded merchant outlets for shopping.

How to Apply:       Collect the Master Debit card application form from any branch of Prime Bank. .000. Fees and Charges Features Fees and Charges Prime Bank ATM DBBL ATM Other MasterCard Branded ATM Issuing Charge (Only for the first time) Annual Service Charge Card Replacement Charge PIN Replacement Charge Cash withdrawal Fee Balance Enquiry Fee Unsuccessful transaction Tk.00 . It allows you to print the mini statement of your last 10 transactions and the current balance. 150 per transaction Tk. The application form must be signed by the account holder.ATM: up to Tk. Prime Bank will provide you password and debit card. 1. Prime ATM Card: Now you can access to your money 24/7 more easily and conveniently through our widespread network of ATMs in Bangladesh. 500 + 15% VAT Tk.  Daily Spending Limit: Our debit card allows you the following spending limit-. 50.00  PIN Change You can change the PIN number of your debit card freely at any ATM booths of Prime Bank and DBBL. 30 per transaction Tk.POS: up to Tk.Enjoy the free Mini Statement printing facility at any ATM booths of Prime Bank and DBBL. 500 + 15% VAT Tk.000. 00. Submit the form to your respective branch offices. Our ATMs have user-friendly screens and easy to follow instructions in both Bangla and English languages.  Transaction Limit You can conduct up to five transactions in a day. Fill up the account details. D. Read the instructions properly before signing. 300 + 15% VAT Tk. 200 + 15% VAT Free Free Free Free Free Free Tk. 30 per transaction 1.2.

3000 / Year  Large Size: Tk.  Cash withdrawal facility per transaction is BDT 100. Any Branch) Credit Card Bill Payment Secure and confidential service Wide availability of the locker service Available in three sizes i. 1. Nomination facility is available for the lessee of locker service.00 to BDT 30. documents and other precious things to you.  No charge is applicable on Prime Bank's customers for transacting through DBBL ATM booths. Fast Cash option facilitates you to withdraw money of prefixed amounts.00. Locker Service Prime Bank offers you modern locker facility for safekeeping of your valuables.00  Maximum five transactions in a day  Free balance enquiry with printing facility  Free PIN Change of your ATM card  Free mini statement printing which displays your last 10 transactions and the current balance  At Prime Bank's ATMs.  Cash withdrawal facility per day is BDT 100. F. . medium and large Auto debited facility for your locker rental charges. small.000.00. jewellery. Internet Banking: Altitude Features of ALTITUDE     Real-time Fund Transfer Between Own Accounts Of Prime Bank Limited Real-time Fund Transfer To Third Party Beneficiary Accounts Of Prime Bank Limited Fastest Inter Bank Fund Transfer through BEFTN (Any Bank. Features of Locker Service      Sizes and Rents  Small Size: Tk.000. 2500 / Year  Medium Size: Tk.The facilities available at Prime Bank ATMs include:  Issuance of ATM Card at the time of opening personal account  Cash withdrawal facility from  All Prime Bank's ATMs and  DBBL ATM Booths.00 to BDT 20. 3500 / Year 1.000.e.  Cash withdrawal option allows you to withdraw money by inserting a certain amount within BDT 100. we accept other banks MasterCard credit/debit card and VISA credit/debit card. E.00 to BDT 30.

This is to be noted that the management has right to modify charges at any time. Charges and Fees:  Tk. 100 + VAT as a service charge per year 1. If any modification takes place. Utility Bills Pay Service . H. from the creation of the account Charges for using the service  A fee of Tk.  Credit Card Total Outstanding: Credit Card user can know credit card total outstanding bill amount. from the creation of the account Real-time Statement Download. Service Accessibility:  All account holders of Prime Bank or holding a Prime Bank Debit Card and Credit Card can get this service. the Customers will be informed immediately through ALTITUDE website. 1.  Credit Card Last Date of Payment: Credit Card user can know last date of payment for recent bill amount.  Credit Card Minimum Payable Amount: Credit Card user can know minimum payable amount of last bill amount.  Credit Card Last Statement Generation Date: Credit Card user can know last statement generation date.  Change TIN: Customer can change their TIN (Telephone Identification Number). Phone Banking Service Benefits:  Balance Enquiry: Customer will get account balance information.200 with 15% VAT shall be charged annually as Account maintenance fee. To access this service customer must fill up the Phone Banking Application Form and must acknowledge the Terms & Conditions for the service. G.  Activate ATM/Master Card: Customer can activate ATM/Master Debit card by dialing the service contact number.     Real-time Balance Enquiry Real-time FDR & Deposit Scheme Information Real-time Loan Information Real-time Transaction Search.  Block ATM/Master Card: Customer can block ATM/ Master Debit card by dialing the service contact number.  Credit Card Available Limit: Credit Card user can get current available limit.

What we offer in SMS Banking      Balance Enquiry Mini Statement Exchange Rate PIN Change Requesting Help Grameen post-paid cellphone bills only ROBI post-paid cellphone bills only Banglalink post-paid cellphone bills only Airtel post-paid cellphone bills only How to Use the Service To get any SMS Banking service. The Services are      Benefits Utility Bills Pay Service provides 24/7 support and has the following features:  Card holder can make payments anytime at any Prime Bank ATM Booth conveniently. You need no to visit branches and bother standing in a queue not even need to carry cash to clear the bills. Any mobile phone user having account of Prime Bank can get the service through the mobile phone upon registration. You can avail the service at Prime Bank ATM booths or Information Kiosks round the clock.Our Utility Bills Pay service will enable you to pay post-paid cellphone bills flexibly. SMS Banking Prime Bank brings SMS Banking services to ensure instant access to your account information at any time. Charges. Who can avail the service  Prime Bank ATM/Master Debit Card holders.  Customer will receive auto-generated advice slip after the bills are paid  It is secured and you will be needed the ATM Card and the relevant PIN to access the facility. I. fees on customers  Free of charge 1. then for . please follow these steps: Example: If your PIN is 1234.

With a very short time you will get a message with the requested information. 1. J. Mobile Banking What is EasyCash? EasyCash, Prime Bank Mobile Banking Service, is a secured mobile financial service to access cash easily and conveniently using mobile phone technology. EasyCash can be accessed from anywhere at any time including remote rural areas of the country. The EasyCash Account model of Prime Bank works on the fundamental principle of giving everyone an access to a bank account and adding value to lifestyle of customers irrespective of social strata in Bangladesh. What are the services provided by EasyCash Account? You can have easy access to the below mentioned services: 1. At EasyCash available outlets –  Cash Deposit

 Cash Withdrawal 2. From your mobile handset anywhere anytime –       3. Other Services  Salary Disbursement  Government subsidies and many more Where to get EasyCash Service? You can get this service from your nearest location as –  Prime Bank Branch  EasyCash Agent Point  What do you need to open an EasyCash Account? To avail this service interested person just need to fill-up EasyCash Account Opening Form and need to have below mentioned papers.  Mobile phone with connection  Attested photocopy of National ID Card/ Driving License/Passport  Two copy of Passport Size Photograph of the applicant  One copy of Passport Size photograph of Nominee How the service will be provided? After opening an EasyCash Account a you will be requested through a SMS to call or download the software in your handset.  You will set a secret number (PIN) by your own and must not share with anyone else.  Customer can change the secret number as for his/her wishes  You may enjoy the service using your mobile set and your secret PIN Is EasyCash Account Safe? All the transactions have two-factor authentication (mobile number and the secret number). As secret number is known only you no one else can initiate any transaction using mobile handset. 1. k. Prime Cash Prime Bank Ltd. and Dipon Consultancy Services jointly brings a banking service, a Biometric Smart Card based alternate banking service in the brand name “Prime Cash” for the un-banked rural and urban people to address banking needs and payment needs of the broader Bangladesh Fund Transfer Utility Bill Payment Merchant Payment Inward Foreign Remittance Disbursement Balance Inquiry Mini Statement

community. Most importantly, it will provide a fast, safe and simple mechanism for the unbanked men/women across Bangladesh in all municipalities and upazilas. What is Prime Cash? Prime Cash is a Biometric Smart Card where your thumb impression will work as authentication code. PRIME CASH: It's Simple... No more complicated mobile phone menus; No SMS, PIN numbers or cryptic codes to remember. Your fingerprint and Prime Cash Card is all you need to authenticate with the system. Working with your electronic money can get no simpler! PRIME CASH: It's Fast... Swiping the card and authenticating you with your fingerprint – everything is integrated into a single machine unit. It’s a snap to operate your account from this single point-of-service. It’s like your mini-bank counter at every corner in your locality. PRIME CASH: It's Secured... Mobile phones can get stolen or lost; SIM cards can be cheated; but, with Prime Cash Card, where your very own hand is your authentication element, there’s nothing more secured! Your money is kept in accounts under the best banking institution. Services:       Benefits:  Day long banking hours (12 hours) through Prime Cash Service Point  Finger Print Authentication System  Countrywide Network How to Open a Prime Cash Account?     Visit your nearest Prime Cash Service Point Fill up the customer opening form Enter the finger print and relevant information Successful customer enrollment with slip and SMS Account Opening Deposit Withdrawal Balance inquiry Mini Statement Local Money Transfer

Mandatory documents to open a Prime Cash Account:  Photocopy of National ID Card/ Driving License/ Passport (Attested)

it is termed as Secured Overdraft (SOD). The account is adjusted by the sale proceeds or from own source of the customer.against FDR in the name of 3rd party Overdraft. Forms of short-term loan are given below: 01. Capital Machinery Finance. Short-term Finance Short-term loans are used to finance inventory.against guarantee Overdraft-against FDR in the name of borrower Overdraft. Cash credit is normally sanctioned for a period of one year where a regular limit is sanctioned against goods to meet day to day expenses of business. Overdraft (General) Under this. Secured Overdraft (SOD) facility to the borrower may be allowed generally in the following ways:      Overdraft.1. account receivables or other current assets i. 02. A. a regular limit is sanctioned to meet day to day expenses of business. and Real Estate Finance. General Credit Products & Services:      Short-term Finance Long-term Finance Real Estate Finance Import Finance/Trade Finance Work Order Financing/Construction Business These products are discussed below: 2.1. Import and Trade Finance. General Credit Unit (GCU) Prime Bank gives the credit facilities to finance current assets and loans to finance fixed assets in the form of Working Capital Finance. This form of credit is given to the business where maintenance of stock on a regular basis is not possible. Cash Credit: Cash credit account is like a current account with a limit up to which one can withdraw from the bank. Bond .against wage Earners Dev. to finance the working capital requirement.e.against savings certificate Overdraft. 03. Corporate Banking: 2. 02 (two) passport size photographs (Attested)  01 (one) passport size photograph of Nominee (Attested by account holder) 2. Secured Overdraft When overdraft is allowed against lien of FDR or other financial instruments. Work order Financing/Construction Business.

The forms of long-term loan are given below: 01. Overdraft. Proforma Invoice: Proforma Invoice states the description of the goods including quantity. Such bills of exchange arise out of commercial transactions both in inland trade and foreign trade. Hire Purchase: This is also given to procure equipment/vehicle. Ownership of the equipment/ vehicle to be purchased under the Hire-Purchase agreement covering comprehensive risks belongs to both . 02. given by the Supplier/Exporter or given by the Indenter. Client's formal request in their Letterhead. It is a term financing repayable through lease rental in the form of equal monthly installments. Checklist                    The person has to be an account holder of the bank. unit price. etc. B Long-term Finance Long-term loans are used to finance equipment. given by the Supplier/Exporter.1. Ownership of the leased out vehicle under the lease agreement covering comprehensive risks belongs to the Bank. unit price. Valid Import Registration Certificate (IRC). TIN (Tax identification no. Indent/Proforma Invoice: Indent: An indent stating the description of the goods including quantity. real estate and other fixed assets. Duly filled in related charges documents. Valid Indent Registration Certificate copy along with Bangladesh bank permission CIB report (Credit Information Bureau) Importer's address (mentioned in IRC) must be verified. Letter of Trust Receipt.against DPS 04. NOC from lien bank regarding overdue bill of entry. Duly filled in IMP Form. VAT (Value Added Tax certificate). Membership certificate from Chamber of Commerce or similar institution. etc.). Lease Financing: Under lease financing we cover equipment/vehicle financing. Duly filled in bank's application and agreement form (CF-7 Form) Duly filled in LCA Form. 2. Bill Discounted and Purchased Prime Bank gives advances to customers by discounting or purchasing their bills of exchange. Insurance cover note and money receipt along with payment advise.

Loan (General): This facility is used to meet the expenditure of civil construction and other infrastructure development.  TIN (Tax identification no.  Valid Indent Registration Certificate copy along with Bangladesh bank permission  CIB report (Credit Information Bureau)  Importer's address (mentioned in IRC) must be verified. 04. etc.  Letter of Trust Receipt. 03. 02. Valid Import Registration Certificate (IRC). Hire-Purchase facility is repayable by depositing equal monthly installments (including principal and interest amount). 2.1. Indent/Proforma Invoice: Indent: An indent stating the description of the goods including quantity.  Duly filled in bank's application and agreement form (CF-7 Form)  Duly filled in LCA Form. Loan (Gen) facility is repayable by depositing equal monthly installments. etc.the Banker and the customer. given by the Supplier/Exporter or given by the Indenter. C.  Duly filled in related charges documents.  NOC from lien bank regarding overdue bill of entry.). unit price. Real Estate Finance 01. given by the Supplier/Exporter.  Proforma Invoice: Proforma Invoice states the description of the goods including quantity.  Insurance cover note and money receipt along with payment advise.  Duly filled in IMP Form. House Building Loan (Commercial): This form of credit facilities is allowed to individuals /groups for construction of building and completion of finishing works to be used for commercial purposes. unit price. Membership certificate from Chamber of Commerce or similar institution. House Building Loan (Residential): . Checklist       The person has to be an account holder of the bank. Client's formal request in their Letterhead. Term Loan for NBFIs: Term loan for NBFIS is provided to enable their financing activities to others.  VAT (Value Added Tax certificate). It is given as per instruction of Bangladesh Bank circulars and at a lower interest rate based on some grading of the NBFIs.

 Proforma Invoice: Proforma Invoice states the description of the goods including quantity. unit price. Import Finance/Trade Finance 01. 02. Letter of Trust Receipt is kept as primary security.  Duly filled in IMP Form.  VAT (Value Added Tax certificate).  Deferred L/C. given by the Supplier/Exporter or given by the Indenter.1. Validity of the LTR A/C vary from 30 to 180 days depends on the nature and amount of items imported or as per Bangladesh Bank guidelines. which creates the banker's lien on the goods.  TIN (Tax identification no. etc. Checklist       and The person has to be an account holder of the bank. Letter of Credit (L/C): Importers are given this sort of facility to import different commodity items.  Letter of Trust Receipt. etc.  Duly filled in bank's application and agreement form (CF-7 Form)  Duly filled in LCA Form. Membership certificate from Chamber of Commerce or similar institution.  Insurance cover note and money receipt along with payment advise.the beneficiary allows the importer time to pay for the documents. given by the Supplier/Exporter. Advance against a LTR obtained from the customer is allowed when the documents covering an import shipment are given without payment. Valid Import Registration Certificate (IRC).payment should be made just after receiving the documents. Indent/Proforma Invoice: Indent: An indent stating the description of the goods including quantity. L/C related shipping document is kept as primary security. Client's formal request in their Letterhead.  NOC from lien bank regarding overdue bill of entry.). Cash margin and counter guarantee are obtained from the customer to secure its position. The customer holds the goods or their sale proceeds in trust for the bank until the LTR is fully paid off. capital machinery and any other permissible items.This form of credit facilities is allowed to individuals/ groups for construction of building completion of finishing works to be used for residential purposes. Two types of L/C facility are provided to –  Sight L/C.  Duly filled in related charges documents. LTR facility is adjusted from sale proceeds of Imported goods or cash from own sources of the customer within the validity. 2.  Valid Indent Registration Certificate copy along with Bangladesh bank permission  CIB report (Credit Information Bureau)  Importer's address (mentioned in IRC) must be verified. D. unit price. . LTR: Loan against Trust Receipt (LTR) is a fund facility provided to importer to retire L/C related shipping documents.

Valid Import Registration Certificate (IRC). Work Order Financing/Construction Business This form of credit facilities is allowed to contractors to participate in tenders under different authorities and to complete their awarded works. VAT (Value Added Tax certificate). etc.). bank guarantee or undertaking issued by our bank on behalf of its customers (mostly contractors) to enable to submit his bid in a tender invited by different Government/ Semi-Govt. 2. Earnest Money . unit price. Proforma Invoice: Proforma Invoice states the description of the goods including quantity. Client's formal request in their Letterhead. 02. Organizations.1. bank guarantee or undertaking is issued by our bank in the form of SDR/PO on behalf of customers (mostly contractors) to enable to submit his bid in a tender invited by different Government/ Semi-Govt.SOD (EM): Under this. given by the Supplier/Exporter. Duly filled in IMP Form. It is a guarantee where the Bank gives an undertaking to the authority that customer will complete the job as per terms of the tender or to pay damage up to the guarantee amount. Performance Guarantee (PG): A performance guarantee is given after the tender or bid of a particular customer is accepted by the authority. Letter of Trust Receipt. E.Checklist                    The person has to be an account holder of the bank. Bid Bond: Under this. NOC from lien bank regarding overdue bill of entry. Duly filled in bank's application and agreement form (CF-7 Form) Duly filled in LCA Form. etc. given by the Supplier/Exporter or given by the Indenter. Organizations. Valid Indent Registration Certificate copy along with Bangladesh bank permission CIB report (Credit Information Bureau) Importer's address (mentioned in IRC) must be verified. Autonomous Bodies or other organizations accepted to the Bank. Membership certificate from Chamber of Commerce or similar institution. TIN (Tax identification no. unit price. Duly filled in related charges documents. Insurance cover note and money receipt along with payment advise. The following types of facilities fall under this category 01. autonomous bodies or other organizations accepted to the Bank. Indent/Proforma Invoice: Indent: An indent stating the description of the goods including quantity. . 03.

Jute. NOC from lien bank regarding overdue bill of entry. Organizations. when the work involves initial cost like Advance Rent Payment regarding rental of machinery and procurement cost of raw materials etc.). etc. Valid Indent Registration Certificate copy along with Bangladesh bank permission CIB report (Credit Information Bureau) Importer's address (mentioned in IRC) must be verified. Insurance cover note and money receipt along with payment advise. TIN (Tax identification no. VAT (Value Added Tax certificate). Advance Payment Guarantee (APG): This facility is a kind of bank guarantee or undertaking issued by our bank on behalf of customers (mostly contractors) to enable to receive bills receivable in advance against a work awarded by different Government/ Semi-Govt. Indent/Proforma Invoice: Indent: An indent stating the description of the goods including quantity. Autonomous Bodies or other organizations accepted to the Bank. Client's formal request in their Letterhead. Different export-oriented companies comprising of Textile. etc. Membership certificate from Chamber of Commerce or similar institution. Proforma Invoice: Proforma Invoice states the description of the goods including quantity. For issuing APG. Leather. given by the Supplier/Exporter or given by the Indenter. 05. Prime Bank always gives priority to its export-oriented customers. To provide complete banking solutions to our export-oriented customers. unit price. given by the Supplier/Exporter. Letter of Trust Receipt. Spinning. Bank usually obtains higher cash margin and counter guarantee from the customer. Fisheries and Trim/Accessories . Duly filled in related charges documents. Duly filled in bank's application and agreement form (CF-7 Form) Duly filled in LCA Form. This sort of Guarantee is needed. unit price. Knit. Valid Import Registration Certificate (IRC). Woven.2 Export Finance Unit: The person has to be an account holder of the bank. Sweaters. Organizations. Autonomous Bodies or other organizations accepted to the Bank Checklist                    2. SOD (WO): This is a funded credit facility and is disbursed to enable the customer for execution of work orders awarded by different Government/ Semi-Govt.04. we have a separate Export Finance Unit. Duly filled in IMP Form.

Head Office. L/C & LTR: For importation/procurement of raw material for all types of export-oriented customer. Other facilities provided to our customers include FDBP. IDBP. we usually provide a continuous limit to the customers.manufacturers are getting prompt banking services through our 27 AD branches. Products and Services: Here is the list of some products we offer: Project Loan Prime Bank offers project loan to export-oriented customers for setting up new projects as well as for expansion and BMRE of an existing projects. machinery. 3 OBUs and other non-AD branches under active support form Export Finance Unit. To finance costs of building. However we extend credit facilities for environment-friendly projects under re-finance scheme of Bangladesh Bank. Loan General etc. Eligibility Criteria Potentials. vehicles and other fixed expenses may be the objective of project Loan. Project Loan is provided to the customers in the form of Hire Purchase. Lease Finance. Working capital We offer working capital facilities to our export-oriented customers. Bank Guarantee etc. experienced and successful entrepreneurs having considerable experience in this line of business. equipments. To meet up the working capital requirement of the customers. . SOD (CI): This facility is provided to the all export-oriented customers who are eligible for receiving cash incentive claim from Bangladesh Bank. The mode of working capital may be as under depending on the nature and requirement of the business: Back-to-Back L/C and EDF Facility: For the export-oriented garments and leather industries against confirm and irrecoverable master L/C/firm contract of reputed buyers backed by satisfactory credit report. PC/Overdraft: For pre-shipment finance to execute export orders of the customer.

Construction Equipments Selection of the Lease Items: The customers have the right to decide and select machinery/equipment or vehicles. The price should be competitive and acceptable to the Bank. Collateral Collateral is taken as token security. hospitals etc. minibus. according to the merit of the proposal. relaxed for the successful business unit/group. a customer may formally apply in specific application form designed by the Bank. as well as negotiate the price with the manufacturer/supplier. Lease Finance facility may provide 100% cost of the equipment. of course. bus. Vehicles including luxury coach. Generators etc.3. Bank will purchase the item(s) in accordance with the specifications given by the customers. its specification and model. Eligibility for Availing Lease Finance: Entrepreneurs having adequate experience and expertise are eligible to apply for lease finance under the scheme. micro-bus trucks etc. Capital Machinery required for BMRE of the existing industrial units Medical Equipments/ Machinery for Clinics. The customer is required to provide detailed information on the project . How to Apply? After having favorable discussion on the various aspects of the Project particularly on the terms and conditions of lease financing. against payment of installments.Both direct and deemed exporters may avail our services. It is a very popular scheme whereby a customer is given the opportunity to have an exclusive right to use an asset. Pathological Laboratories. which is. Pricing PBL offer competitive price to our valued exports. usually for an agreed period of time. 2. Central Air Conditioners. Lease Finance Products/Items: Prime Bank offers lease finance facility against the following items:       Capital Machinery required for industrial units. Elevators. Lease Finance Unit: Prime Bank provides one of the most convenient long term sources of loans in the industry for acquiring capital machineries and equipments under lease financing. But in most of the cases the bank ensures minimum equity participation by the customer.

Debt service tailored to cash flow Preponderance of credit enhancements Extensive due diligence Involvement of several parties including sovereign entity and Lengthy documentation and negotiation period Prime Bank finances both Greenfield. After proper appraisal. often referred to as Special Purpose Vehicle ("SPV"). if found suitable. existing.or non-recourse transaction characterized by:       Lumpy capital investment. contingent equity. a lease agreement will have to be executed between the customer and the bank. as well as Balancing-Modernizing-RehabilitationExpansion Program ("BMRE") projects taking three approaches: A.and its various aspects. friendly. and advisory services. SOLE FINANCE . for the purpose of building a capital intensive facility and operating a discrete business activity. acquisition finance. equity. securitization. Structured Finance Unit deals with project financing and covers virtually every sector of the economy with a focus on infrastructure projects. the bank will purchase the specified item and the customer will be under obligation to accept the equipment for the specified lease period. Fees and Charges against Lease Finance Facility Some fees and charges such as. Bank will draw terms and conditions of the lease and sanction thereafter. partnership or contractual joint venture. The technique involves mobilization of debt. supervision fee. hedges and a variety of limited guarantees through a newly organized company. Structured Finance Unit Prime Bank offers customized. Products & Services: Project Finance Project Finance is a long-term credit arrangement with a debtor related to the development and construction of infrastructure or a large commercial or industrial project. project examination fee and transfer fee are normally charged at a little percntage for offering Lease Finance facility to the customers. risk fund. Lease Agreement After sanction of a proposal for lease finance. Project Finance is a limited. After execution of the agreement. and flexible financial solutions to customers and strives to ensure financing package in a cost-effective manner. 2. project finance.4.

mechanism. SYNDICATION "Syndicated Loan"as loans extended by multiple banks where the overall credit involved exceeds an individual lender’s legal lending or other limits. . disbursement.  Investors: The investors are the entities that subscribe to the bonds that are issued against the underlying cash flows. etc. C. CO-FINANCE The Bank collaborates and complements other lenders to complete the debt package of a project.or. documentation. The Bank help sponsors/acquirers/targets firms in their search for right counterparties and conduct valuation of the targeted company with the objective of making the transaction profitable and adding economic values.  Conducting market review/research report for the project. management. Advisory Structured Finance Unit sponsors/entrepreneurs: provides following advisory services for project  Reviewing preliminary/rudimentary business plan/concept note prepared by project sponsors. The Bank has the ability to offer financial and advisory services for companies attempting to create synergy through Merger. club-financing (where many banks finance a single borrower) in terms of deal origination. Securitization Securitization is the financing or re-financing of income yielding assets by packaging them into a tradable form through an issue of bonds or other securities.  Servicer: The entity which is responsible for collecting all cash flows which are due to the trust. entities and bodies.The Bank is the only financier to the project. Acquisitions or Consolidation. B.  Trust: the legal vehicle where the cash flow are deposited completely separate from the Originator. Parties involved in securitization :  Originator: the entity that wants to sell the cash flows. It is different from co. Acquisition Finance It includes finance facilities for merger and acquisition of different business units. (ii) more than one lender. monitoring. (iii) common loan & security documentation. It is made available by a group of FIs in pre-defined proportions under the same credit facility following common loan documentation formalities. Essential characteristics include (i) single borrower.

i. in case of syndication. and repayable in form of bullet shot out of the proceeds of long-term project loan  Refinancing of existing liabilities  Working capital finance. usually for less than six (6) months.  Interest Rate: Either fixed or variable rate as per customer’s will.  Fees and charges: most competitive in the market.  . among others:  commercial viability. sound business/investment plans for the proposed project. presently. Important criteria for lending would include following aspects. balloon. marketing.  a thorough appraisal report incorporating legal.e.  Debt-to-equity: Not exceeding 80:20.0 million. financial and governance track record. Parameters  Transaction Size: Preferably not below Taka 50. Financing mode  Project Loan including Term loan with amortizing.  a sound business plan. capped at 13% pa.  Tenor: commensurate with project requirements but not exceeding 15 years including a grace period not exceeding 4 years. However.  Structuring / designing financial model(s) for project(s). revolving cash credit facilities Currency of lending The Bank has ability to lend in both local and foreign currency. Drawing full-fledged. accreting. experience and expertise of the sponsors. technical. reflecting current market conditions.  Joining project sponsor(s) in loan negotiation and documentation. Prime Bank’s exposure shall not exceed 50% of total debt package.  Assisting project sponsor(s) in securing onshore and offshore finance.  Devising an optimal financial structure/package for the proposed project. bullet. Investment Criteria and Parameters: Criteria In evaluating an investment request. customized repayment schedule  Lease financing repayable through monthly rentals  Sale & lease back  Bridge financing to assist the customer meet interim funding requirements. or. the project itself is looked at initially. financial and environmental aspects  proven and established operational.

welfare. which has been used in the Qur'an and the Hadith several times to denote good deed. You may withdraw all or a part of the funds deposited in this account without any restrictions. should a project pass the lending norms.e. the Bank has excellent working and networking relationship with FMO. 3. capacity exceeding 100MW. virtue. and endowed jointly by the World Bank and Govt. and another USD 5 million to the national airline carrier under a syndicated transaction. DEG and other multilateral/development financial institutions for co-financing and arranging offshore finance. the Bank disbursed a USD 15 million project financing facility to a local uPVC manufacturing facility. Besides. of Bangladesh ("GoB").idcol. blending its conventional banking system with that of Islamic Banking operations based on Shari'ah principles. recently. Hasanah Deposit Products are: 3. In 2010. . Five of the branches of the bank provide Islamic Banking operations to serve the increasing demand of customers for Islamic products and services. i. Prime Bank is the pioneer in such a kind of blending (of conventional and Islamic banking) in the country which is followed by many other banks.Till 2009.the brand name for Islamic products and services of the bank.org). the bank has taken initiative to identify all of its Islamic banking activities by adopting a generic name of 'Hasanah' . In the year 2008. a non-bank financial institution created by GoB and International Development Association ("IDA") for arranging offshore currency project financing. specially from the sponsors of project/companies with revenues pegged in USD/Euro. the Bank arranged and disbursed fund in local currency. and sponsors preparing to submit bid for large power projects. we invest the deposit in business but committed to return on your demand. Islamic Banking: Hasanah Deposit Products: Prime Bank started its operations in the year 1995 as 'A bank with a difference'. beauty spot etcetera. The Bank can also tie up with Infrastructure Development Company (www. managed by Bangladesh Bank. there existed a strong demand for off-shore financing usually carrying a much lower interest rate and longer tenor. that expresses Prime Bank's willingness for working towards well-being of humanity through Islamic banking activities. However. as compared to that of local currency financing. Access to specialized fund and multilateral/development financial institutions The Bank does have an access to a USD 250 million infrastructure fund under Investment Promotion Financing Facility ("IPFF").1 Al-Wadeeah Current Account: When you deposit money in Al-Wadeeah Current Account.

According to Mudaraba concept. acts as the capital supplier of the investment and the Bank as the investor/mudarib. when the depositor demands it.  Proof of identification such as national/voter’s ID.  Passport size photograph for each account holder. may be rewarded with a hibah (gift) as a form of appreciation for the use of funds by the bank. Key Features        It is a profit and loss sharing account Minimum account opening deposit is Tk. the depositor. Minimum account opening deposit is Tk.safe deposit locker facility Transfer of fund from one branch to another by  Demand Draft  Mail Transfer  Telegraphic Transfer Documents Required  Completed account opening form. 1. passport or driving license. The depositors have to pay government tax and other charges. if any.000/-. On this account no profit will be given. 3. In case of deposit Mudaraba. Monthly interim profit directly credited into your account Salary crediting facility Prime Bank Branded ATM card Cheque-book facility Transfer of fund from one branch to another by  Demand Draft  Mail Transfer  Telegraphic Transfer . 5000/-. The depositor. Al-Wadeeah Concept In Wadeeah.Key Features        Nominal value of deposit is guaranteed. A person deposits funds in the bank and the bank guarantees refund of the entire amount of the deposit or any part of the outstanding amount. profit is to be divided as per agreement and loss is solely borne by the capital provider. at the bank's discretion. Islamic banks obtain permission from such depositor to utilize his fund at its own responsibility without sharing profit or loss.2 Mudaraba Savings Account: Mudaraba Savings Account is a profit earning account which offers returns by investing your savings in Shariah compliant. a bank is deemed as a keeper and trustee of funds. Prime Bank Branded ATM card Cheque-book facility Opportunity to apply for .

These deposits are repayable subject to a period of notice and hence known as time deposits or time liabilities meaning thereby that these are withdrawable subject to a period of notice and not on demand.  Passport size photograph for each account holder.Documents Required  Completed account opening form. 3.  Proof of identification such as national/voter’s ID. Mudaraba Term Deposit – 1 month Mudaraba Term Deposit – 3 months Mudaraba Term Deposit – 6 months Mudaraba Term Deposit – 12 months Mudaraba Term Deposit – 24 months Mudaraba Term Deposit – 36 months or above . Like in other Mudaraba deposit products.  Minimum account opening deposit is Tk.000/. Key Features  It is a profit and loss sharing account  Frequency of deposit and withdrawal resembles Al-Wadeeah Current Account  Profit is calculated on daily basis and credited on half yearly basis using the provisional rate of profit. you will act as the capital supplier of the investment and the Bank acts as the investor/mudarib.and above.4 Mudaraba Term Deposit Receipt Mudaraba Term Deposit Receipt (MTDR) is a profit bearing account which offers returns by depositing money for fixed period of time based on Mudaraba concept. 1.3 Mudaraba Short Notice Deposit Mudaraba Short Notice Deposit (MSND) is a profit bearing Mudaraba deposit intended for you if you are involved in business or your transactions are frequent but does follow a pattern. Different Tenor of MTDR Products       Key Features  It is a profit and loss sharing product. upto any amount in multiples of Tk. 25.  Investment can be availed against MTDR. It enables you to operate a kind of Current Account which incurs profit. 3. passport or driving license.000/-. 1000/ Profit is calculated on daily basis and credited on half yearly basis using the provisional rate of profit.  Term Deposit Receipts are issued against deposits  Minimum account opening deposit is Tk.

 At maturity after 5.000/-.000 at a time will be acceptable under the scheme. 24. the following rules will apply:  No benefit including interest / profit shall be allowed for pre-mature encashment within one year.  Account in the name of minors can be opened.1 Mudaraba Double Benefit Deposit Scheme (MDBDS)  The Deposit shall be for an estimated period of 5. Mudaraba Education Savings Scheme (MESS) . the procedure for the issuance of a duplicate receipt will be the same as applicable in case of loss of MTDR. 3. so a client needs to wait till balance becomes double of deposit.2 Mudaraba Contributory Savings Scheme (MCSS) Mudaraba Contributory Savings Scheme encourages depositors to build up savings by contributing monthly installments for 5 years and receives an attractive fixed amount at a time or by a monthly pension for next 5 years.  Normally no withdrawal will be allowed before maturity. Either return can be availed at a time after maturity or as a monthly pension for the next 5 years according to the size of deposit. 500/.3. which will not be transferable. Key Features  Minimum size of monthly installment is Tk.25.  If the accounts/deposits are closed / en-cashed after one year of its opening.and multiplies of Tk.  The instrument shall be issued for 5 years term.00.25.  Customers have two options to get the return. 3.  In case of instrument gets lost. The scheme is designed to help the fixed income group to save money and build up a sizable fund with which they can go for some income-generating venture to improve the quality of their life and/or meet any future financial obligations.42 years (estimated) double the amount of deposit will be paid to the depositor. But if any depositor intends to withdraw his deposit before maturity. benefit shall beallowed on the deposit at normal Savings Deposit rate.5.000 and multiples thereof but maximum limit of Tk.42 years (5 years & 5 months). Maximum installment size is Tk.  The instrument will be acceptable as collateral security against any investment subject to registering lien with the issuing Branch. Amount may be varied because profit will be calculated according to profit sharing / weightage basis.  More than one account for different size of installments can be opened.  A specially designed receipt shall be issued for the deposit under the scheme.3.5 Schemes: 3.5.5. 1000/.  Deposit of Tk.  The tenor of the scheme is 5 years.

3. Key Features  Minimum account opening deposit amount is.  The provision of the tenor of the scheme is 5 years.00.00 for the tenor of 3/5/10/15 years respectively. Mudaraba Hajj Savings Scheme (MHSS) Mudaraba Hajj Savings Scheme is a Shariah Compliance savings scheme that benefits you to fulfill your desire to perform the Holy Hajj comfortably within 1 to 10 years.  Monthly installment shall be Tk.(Fifty thousand) and multiples thereof but maximum amount is Tk.00 /Tk.  A specially designed Receipt is issued against this deposit.(Taka one lac) and multiples thereof.000/.000/. can also be benefited from this type of deposit scheme.  Provision for tenor is 5 years. 25.5. 500. Key Features  The tenor of the Lakhopati Deposit Scheme is 3/5/10/15 years.(Five Lac) at a time.  Profit is calculated on daily basis. 50.Mudaraba Education Savings Scheme allows you to save funds to meet the future educational expenses of your beloved children.  Mudaraba Hajj Savings Account can be opened in the name of the individual only.00.00/Tk. 3.000/. but maximum Tk.5. Mudaraba Monthly Benefit Deposit Scheme (MMBDS) Mudaraba Monthly Benefit Deposit Scheme offers to benefit the customers who intend to meet the monthly budget of their families from the income out of their deposit. Key Features  Minimum account opening deposit amount is Tk.300. safe and profitable way for your savings based upon Mudaraba concept.5. 5. Trusts and Foundations or other associations.400. which award monthly scholarships / stipends to students etc. . 3. 1. Tk 100. 2.  Special receipt is issued for the scheme.4.6.  Inter-branch transfer of the scheme is allowable.5.(Taka twenty-five lac). 250.00 /Tk. Key Features  The tenor of the scheme is 1 to 10 years. Mudaraba Lakhpati Deposit Scheme (MLDS) Mudaraba Lakhpati Deposit Scheme offers you an easy.000/.

Account in the name of minors can be opened. It is a comprehensive and fully Shariah Compliance home deposit scheme based on Mudaraba concept.00 lac. Key Features     The tenor of the scheme is 5.5. 1.8. However. Mudaraba Millionaire Deposit Scheme (MMDS) Mudaraba Millionaire Deposit is a Shariah Compliance monthly deposit scheme which benefits you to get millions of money on maturity. 10.000. profit is variable and to be calculated according to profit sharing / weightage basis. Terminal amount on maturity shall be Tk. 3.000.  You can open the Mudaraba Lakhpati Deposit Scheme in the name of minors also.  Minimum deposit amount BDT. 3. Mudaraba 150% Deposit Scheme  Deposit will be estimated 1. 10.  Provisional profit may be 12.  You can get home investment financing from Bank after the maturity of the scheme.7. Key Features     The tenor of the Mudaraba House Building Deposit Scheme is 5/7/10 years. A person can open more than one account but Mudaraba House Building Investment facility shall be on one account only. You can open more than one account. Inter-branch transfer of the scheme is allowable.5.  Any amount in multiple of BDT.01.00.5 times of deposit. .9. 10 lac/ 20 lac. Your deposit will increase in one million taka (probable) on maturity. 3. 7.5 times of the initial deposit. However. Equity building amount is Tk.  Weightage of this product may be fixed to 1.5.00 will be allowed to invest in the scheme. amount may vary because profit will be calculated according to profit sharing/ weightage basis.  The tenure of the investment period will be 3 years and 5 months. 10 & 12 years. So clients may close the account with the existing actual profit earned so far after the tenure or may wait till balance becomes 1. Mudaraba House Building Deposit Scheme (MHBDS) Now you can dream to have your own house by investing your fund in Hasanah’s Mudaraba House Building Deposit Scheme.59% per annum.

1 Sahaj Rin (Collateral Free Loan): Sahaj Rin provides you an easy to access loan facility to successfully grow your small & medium enterprise business. Internet Banking (Altitude).000/60.e. A customer can desire any amount in multiples of BDT. 50.50%.000 i.5. Key Features  Any justifiable business purpose for small & medium enterprise customers  Investment amount -Tk 2 lac to Tk 6 lac  Tenure . if any) in connection with the scheme/ deposit account. SME Banking: 4.  Maximum 80% of the deposited principal amount but not less than Tk. free ATM Card etc.000 etc. 50.  A customer who opens Mudaraba SB/CD account for availing the scheme will enjoy benefits such as ATM Card. Joint and Corporate Account can be opened.000. BDT.00-12.  Special license ( if applicable) .  The provisional profit ranges from 11.  Free standing instructions are allowed against SB/CD accounts.10. Mobile Banking. Mudaraba Laksma Puron Savings Scheme (MLPSS)  Minimum desired amount is BDT. Required Documents  At least 2(two) years old trade license. internet banking facilities. The weightage of the product may be fixed at 1.000/70.  Depositor(s) can avail Investment / Quard facility against lien of the account up to 80% of the deposited amount upon after completion of at least 1 year. 4. Any amount equivalent to 1 crore or more will be provided special incentives such as free Platinum card. Nominees/ Heirs will be paid the balance amount after making full adjustment of investment/ Quard ( including accrued liability owed by the customer to the Bank and other charges.05. 50. 3.  Individual. SMS Banking.000 can be availed as loan/over drafts facility against lien of the account.Maximum 36 months Eligibility  Age: At least 21 years  Any entrepreneur having the experience of successfully managing the business for at least two years may apply for the loan. 10.  If the depositor expires after availing an Investment/ Quard.

 Photo of the proprietor/ Partners and guarantors.2 Sampad Rin (Capital Loan) Sampad Rin offers you the loan facility to augment capital base for your business expansion. purchase of new business space or expansion of existing outlets and capital machineries and also to purchase light or heavy vehicles for business use. vehicles.Maximum 60 months and grace period may be allowed maximum 6 months Eligibility  Age: At least 21 years  Any entrepreneur having the experience of successfully managing the business for at least two years may apply for the loan.  Passport/National voter ID/ ward commissioner/UP chairman certificate of the proprietor/ Partner.Tk 2 lac to Tk 50 lac for small enterprise customers and Tk 2 lac to Tk 300 lac for medium enterprise customers  Tenure. Security/Collateral . purchase of new business space or expansion of existing outlets and capital machineries and also to purchase light or heavy vehicles for business use. Notarized partnership deed/registered by Sub Register Officer( in case of partnership )  Memorandum and Articles of Association in case of Private Limited Co. Required Documents  Trade license . equipments.  Investment amount .  Last 12 months bank statement of transactional account.at least 1 (one) year old  Special license ( if applicable)  Notarized partnership deed/registered by Sub Register Officer (in case of partnership)  Memorandum and Articles of Association in case of Private Limited Co. Key Features  Loan facility for business expansion. Security/Collateral  Hypothecation of machineries.  Passport/National voter ID/ ward commissioner/UP chairman certificate of the proprietor/ Partner.  Photo of the Proprietor/ Partners and Guarantors. inventories 4.

Eligibility  Age: At least 21 years  Any entrepreneur having the experience of successfully managing the business for at least two years may apply for the loan.Maximum 12 months for continuous loan and Maximum 60 months for term loan. Security/Collateral  Registered mortgage of property/ownership of the space/possession right purchased in Bank’s name.3 Chalti Rin (Working Capital Loan) Chalti Rin offers you the loan facility to increase the working capital base by financing day to day business of your Small and Medium Enterprise (SME) business.  Last 12 months bank statement of transactional account.  Statement of all active bank loans (if any).Tk. equipments.  Hypothecation of machineries.  Photo of the proprietor/Partners and guarantors.  Lien of cash collateral (FDR) and other encashable financial instrument 4. Key Features  Any justifiable working capital need for small and medium enterprise customers. vehicles. inventories  Lien of cash collateral (FDR) and other encashable financial instrument 4. equipment. Registered mortgage of property/ownership of the space/possession right purchased in Bank’s name  Hypothecation of machineries. vehicles.4 Moushami Rin (Seasonal Loan) .  Passport/National voter ID/ward commissioner/UP chairman certificate of the proprietor / partner / derectors. inventories. 2 lac to Tk 50 lac for small enterprise customers and Tk. 2 lac to Tk 300 lac for small and medium enterprise customers  Tenure.at least 1 (one) year old  Special license (if applicable)  Notarized partnership deed/registered by Sub Register Officer (in case of partnership)  Memorandum and Articles of Association in case of Private Limited Co.  Investment amount . Required Documents  Trade license .

Key Features  Any justifiable business purpose for small and medium enterprise customers  Investment amount . Bengali and English New Year etc. Christmas.at least 2 (two) years old  Special license ( if applicable)  Notarized partnership deed/registered by Sub Register Officer (in case of partnership)  Memorandum and Articles of Association in case of private limited co. Security/Collateral  Hypothecation of machineries.e.5 Digun Rin (Double Loan) Prime Bank's Digun Rin helps you to avoid encashing your long held saving and provide you the required capital for your business operation.Maximum 6 months Eligibility  Age: At least 21 years  Any entrepreneur having the experience of successfully managing the business for at least two years may apply for the loan. FDR. inventories  Lien of cash collateral (FDR) and other encashable financial instrument 4. Key Features  To meet short term financing need of any existing small and medium enterprise customers  Investment amount -Maximum Tk 50 lac for SE customers and maximum Tk 300 lac for medium enterprise customers  Tenure.Tk 2 lac to Tk 50 lac for both small enterprise and medium enterprise customers  Tenure.  Photo of the proprietor/ partners and guarantors. equipments. Pujas. vehicles. you will be entitled to receive double amount of the value of security provided. Under this SME product.  Statement of all active bank loans (if any).  Last 12 months bank statement of transactional account. Required Documents  Trade license .Moushami Rin offers you the loan facility to grab the additional opportunities in various festivals and seasonal events (i. Eids.Maximum 60 months . if you offer any encashable security i.e.) by organizing special business arrangements to increase sales and profit for your SME business.  Passport/National voter ID/ward commissioner/UP chairman certificate of the proprietor/ Partner.

 Last 12 months bank statement of transactional account.00 lac unsecured limits)  Tenure . inventories  Lien of cash collateral (FDR) and other encashable financial instrument 4. Eligibility  Age: At least 21 years  Any entrepreneur having the experience of successfully managing the business for at least two years may apply for the loan.Maximum 12 months for continuous loan and Maximum 60 months for term loan  Interest rate. vehicles. Required Documents  Trade license . equipments. 25.Eligibility  Age: At least 21 years  Any entrepreneur having the experience of successfully managing the business for at least two years may apply for the loan. Key Features  Any justifiable business purpose for Small Enterprise women entrepreneurs  Investment amount . Required Documents  Trade license .  Photo of the proprietor/ Partners and guarantors.10% p.6 Anchol (Women Entrepreneurs' Loan) Anchol is the credit facility for the women entrepreneurs to expand and operate their businesses at desired level.a. Security/Collateral  Hypothecation of machineries.  Passport/National voter ID/ward commissioner/UP chairman certificate of the proprietor/partner/directors.at least 2 (two) years old  Special license ( if applicable)  Notarized partnership deed/registered by Sub Register Officer (in case of partnership )  Memorandum and Articles of Association in case of Private Limited Co.  Photo of the proprietor/ partners and guarantors.at least 2 (two) years old  Special license ( if applicable)  Notarized partnership deed/registered by Sub Register Officer (in case of partnership )  Memorandum and Articles of Association in case of Private Limited Co. .Tk 1 lac to Tk 50 lac (upto Tk.  Passport/National voter ID/ward commissioner/UP chairman certificate of the proprietor/ Partner.

fertilizers. Key Features  Loan size: Up to Tk.00 lac  Financing mode: Loan (General)  Tenure: Maximum 6 months (Maximum 12 months for financing in banana & mango cultivation) Eligibility  Any real farmers  Age is between 19 – 65 years of age (the borrower’s age must not exceed 65 at the expiry of loan tenor)  Reside within locality/command area for minimum 2 years Security     Hypothecation of crops/vegetables Collateral: registered mortgage (where applicable) Irrevocable Power of Attorney.1 Abad (Crop Loan) To help farmers. vehicles. share cropper and landless farmers to bear the cost of tilling of land. for producing different crops and vegetables. Group/Cross Guarantee from the Group members on non judicial stamp paper is to be obtained (in case of loan is made by making a group)  And other security required as per banking rule 5. pesticides. irrigation.2 Khamar ( Farm/Non-Crop Loan) Any justifiable capital expenses and/or working capital and Project finance Key Features  Areas:      Fisheries Hatchery Poultry Beef Fattening Milching cow/Dairy . Last 12 months bank statement of transactional account. Agriculture Banking 5. equipments. 5.3. Security/Collateral  Registered mortgage of property/ownership of the space/possession purchased in Bank’s name  Hypothecation of machineries. inventories  Lien of cash collateral (FDR) and other encashable financial instrument. seed etc.

5 ton). Tractor. Covered van (1 ton). Thresher. equipment. Harvester etc)  Solar Pumps/ solar power operated irrigational equipment  Nursery  Rural transport [Van.00 lac  Financing mode:  Loan (General).  Registered mortgage  And other security required as per banking rule 5. Rickshaw. Equipments (Irrigation and tilling technology/equipments. vehicles etc.  Cash Credit C(Hypo)  Tenure:  For Cash Credit (Hypo) : Maximum 1 year  For Term Loan : Maximum 3 year Eligibility  The applicant must be Bangladeshi by nationality  Age is between 21 – 65 years of age (the borrower’s age must not exceed 65 at the expiry of loan tenor)Reside within locality/command area for minimum 2 years  The entrepreneur is skilled in managing his farm/ enterprise and has experience of successfully managing the farm/ enterprise for at least two (2) years Security  Hypothecation of stock. machineries.  Weavers (Handloom Industry)  Tissue culture  NGOs/MFIs for onward lending to Agriculture sector  Flower cultivation  Mushroom cultivation . Mechanized boat. truck for carrying poultry/fish etc (1. etc.      Bio-gas Plant (for Farm) Poultry/livestock/fish feed producer Duck rearing Integrated Farm Solar panel for farm Others ( related to Agriculture)  Loan size: Up to 100.3 Nabanno (for Any Agri-purpose Loan) Any justifiable capital expenses and/or working capital and Project finance Key Features  Areas:  Farm machineries /Agri.

 Cash Credit (Hypo) Tenure:  For Cash Credit (Hypo): Maximum 1 year  For Term Loan / Hire Purchase : Maximum 5 year  Eligibility  The applicant must be Bangladeshi by nationality  Age is between 21 – 65 years of age (the borrower’s age must not exceed 65 at the expiry of loan tenor) reside within locality/command area for minimum 2 years  The entrepreneur is skilled in managing his farm/ enterprise and has experience of successfully managing the farm/ enterprise for at least two (2) years Security  Hypothecation of stock. Our remittance service is Easy.1 Foreign Remittance Services Prime Bank has set the highest priority to mobilize inward foreign remittance of Non-Resident Bangladeshi Nationals (NRB) living and working in different parts of the world. credit the same to the beneficiaries account maintained with Prime Bank Branches and also execute third banks payment. NRB Banking 6.00 lac Financing mode:  Loan (General). execute payment instructions. machineries. Fast and Secured.  Hire Purchase. .  TT Remittance: Payment instructions received through tested e-mail/secured internet system by CFRC.       Bio-gas Plant (for individual) Solar panel for house and business enterprises Rural Financing Storage and marketing of crops Others (related to Agriculture) Loan size: Up to 100. Remittance Products for NRBs  Instant Cash Remittance: Beneficiaries can receive instant cash remittance from the Branches of Prime Bank and from the branches of BURO Bangladesh.  Registered mortgage ( Where applicable)  And other security required as per banking rule 6. equipment. vehicles etc.

 Batch processing of payment orders for third bank credit within the same clearing zone  Automated Centralized Foreign Remittance Center (CFRC) at Head Office for faster processing of remittances.  At present. over the counter cash payment of Instant cash remittances & credit of proceeds of foreign TTs to customer accounts. Major Strengths of Prime Bank Foreign Remittance Service  a. Speedy Delivery of Remittance Prime Bank ensures faster delivery of foreign remittance as per the following turn-around time:  Prime Bank’s customer (more than 110 branches) : Instant A/C credit  BURO Bangladesh (500 outlets) : Same working day  Third Bank’s customer : 2 – 5 working day e. which is expected to be in service within a short period. initiative has been taken to install POS to supplement the existing alternative delivery channel. Automation has increased the efficiency of CFRC and reduced the lead-time.  d. Remittance Processing Strength  Real time online connectivity with all the Branches of Prime Bank through Core Banking Software allowing instant account-to-account credit. we have access to 1200 shared network of other banks spread over the country.  Web-based remittance: Web-based payments executed from all our branches and from BURO branches. International Banking Relationship  Prime Bank has established a good correspondent banking network throughout the world. c.  . the Bank has correspondent relationship with 516 branches of 198 banks located in 87 countries.  Under a sub-representative agreement with Prime Bank 500 branch locations of BURO Bangladesh are making instant cash payment of remittances to the beneficiaries  Strong Agency arrangement with a host of local banks for distribution of foreign remittance  b. Remittance Distribution Network  Prime Bank’s existing network of 110 locations throughout the country *95 branches and 15 SME branches]. DD Remittance: DD drawn on the Branches of Prime Bank by Exchange Companies& banks. Recently. Alternative Delivery Channel   With our wide ATM network infrastructure and switching system.

drafts etc. f.2 Account Facilities for NRBs Foreign Currency Account  Bangladesh nationals working and earning abroad including Self employed Bangladeshi migrants proceeding abroad on employment may open foreign currency accounts even without initial deposits.  Proceeds of export of goods or services from Bangladesh or commission arising from business deals in Bangladesh shall not be credited to such accounts.  These accounts would ordinarily be fed from remittances by account holders themselves but funds sent by other wage earners may also be placed to the credit of such accounts. account opening and cross selling of NRB products 6. US Dollar.  Prime Bank maintains 34 NOSTRO accounts in 9 different currencies with 25 banks to facilitate payments and receipts in foreign currencies. currency notes. Birmingham and Manchester)  Drawing arrangement with 32 exchange companies & banks of around the globe for sourcing inward foreign remittance  Marketing representatives in overseas locations for sourcing remittance.  The accounts can be opened either in Pound Sterling.  Allowed credit of such account with proceeds of convertible foreign exchange viz. Resident Foreign Currency Deposit Account  Persons ordinarily resident in Bangladesh may open and maintain Resident Foreign Currency Deposit (RFCD) accounts with foreign exchange brought in at the time of their return from travel abroad. brought into Bangladesh by the account-holders while on temporary visit to Bangladesh provided such foreign exchange in excess of US $5000 (or its equivalent) has been duly declared by them to the Customers on Form 'FMJ' at the time of their arrival.  NRBs may operate the accounts themselves or nominate other persons in Bangladesh for this purpose. . Strength in Sourcing Inward Remittance  Prime Bank has a wholly owned subsidiary in Singapore for handling remittances of non-resident Bangladeshis living in Singapore and other nationals  Prime Bank has a wholly owned subsidiary in UK (3 branches in London. travellers' Cheques. EURO or Japanese Yen at the option of the prospective account holder and maintained as long as the account holder desires.  Any amount brought in with declaration to Customs Authorities in form FMJ and up to US$ 5000 brought in without any declaration can be credited to such accounts.

 These accounts may be maintained in US dollar.  These accounts may be opened in US Dollar. banks. other financial institutions including institutional investors and 100% foreign owned (A -Type) industrial units in the Export Processing Zones in Bangladesh.  The account is in the nature of term deposits maturing after one month. World Bank.  Accounts may be opened against remittances in other convertible currencies after conversion of those into US Dollar. Euro or Japanese yen and may be maintained as long as the account holders desire. Euro or Japanese yen. The minimum amount of time deposits in such cases should be US$ 25. pound sterling. IDB.  In case of premature repayments. the amount of interest may be forfeited to the branch. but shore staff posted abroad may open such accounts. pound sterling.  Foreign nationals and companies/firms registered and/or incorporated abroad.000 or its equivalent in pound sterling. Euro or Japanese yen. . Euro or Japanese yen. Balances in these accounts shall be freely transferable abroad. pound sterling. ADB etc. Non Resident Foreign Currency Deposit Account  All non-resident Bangladesh nationals and persons of Bangladesh origin including those having dual nationality and ordinarily residing abroad are entitled to maintain interest bearing time deposit account named "NonResident Foreign Currency Deposit (NFCD) Account" with the Authorized Dealers (ADs).  The branch may pay interest on deposits into account at euro-currency deposit rates advised by the Head Office.  Bangladeshi nationals serving with Embassies/High Commissions of Bangladesh in foreign countries as also the officers/staffs of the Government/Semi-Government departments/nationalized banks and employees of body corporate posted abroad or deputed with International and Regional agencies like IMF.e. are also allowed to open and maintain NFCD account.  Crew members of the Bangladeshi shipping companies are not entitled to open such accounts.  Fund from these accounts may also be issued to account-holders for the purpose of their foreign travels in the usual manner (i. initially with minimum amount of US$ 1000 or pound sterling 500 or equivalent. upto US $ 2000 in the form of cash currency notes and the remainder in the form of TC & for SAARC countries $1500).  Interest in foreign exchange shall be payable on balances in such accounts if the deposits are for a term of not less than one month and the balance is not less than US$ 1000 or £ 500 or its equivalent. during their assignments abroad may open such accounts. three months. with endorsement in passport and ticket.  The interest of deposits into this account is exempt from the Tax payable under Income Tax Act. six months and one year.  Accounts may also be opened with funds transferred from existing foreign currency accounts maintained by the wage earners with the ADs in Bangladesh.

(4) and (5) above can be credited to NITA. Non Resident Taka Account  The Taka accounts maintained with banks in Bangladesh by private individuals. Non-resident Investor's Taka Account  The non-resident investor shall open a Non-resident Investor's Taka Account (NITA) with any AD branches of Prime Bank Limited. net of taxes payable on such earnings of the non-resident holder. however.  Dividends/interest earnings on the shares/securities bought through the NITA. however.N. convert the balance into Taka at the prevailing exchange rate. including the AD itself. if any. firms and companies resident outside Bangladesh are known as Non-resident Taka Accounts.  Sale proceeds of the shares/securities purchased through the NITA may also be credited to the NITA.  No local funds from any sources other than those mentioned at (1).  Non-resident Taka account may.  Prior permission of Bangladesh Bank is necessary for opening non-resident Taka accounts. received from the issuing company/institution may be credited to the NITA. be opened without prior permission of Bangladesh Bank for crediting the proceeds of remittances received from abroad through normal banking channel. with freely convertible foreign currency remitted from abroad through normal banking channel or by transfer of funds from the non-resident investor's foreign currency account. in Bangladesh.  The accounts of foreign nationals residing in Bangladesh and foreign firms and companies located and operating in Bangladesh and accounts of U.  The NITA can be operated by the account-holder himself or by a nominee. The account holder may be allowed to freely repatriate the balance and the interest accrued thereon in foreign exchange to the country of his residence or anywhere he chooses and may. and its organizations are. These balances are also freely remittable abroad in equivalent foreign exchange.  Balances in the NITA may freely be used to buy Bangladeshi shares/securities. treated as resident accounts and kept outside the scope of Exchange Control.  The accounts of Bangladesh nationals who leave the country except those who hold office in the service of Bangladesh Government are required to be treated as non-resident Taka account so long they remain outside Bangladesh.  No loan facilities shall be allowed by the ADs in the Non-resident Investor's Taka Accounts. at his option. Ratio Analysis and Financial Reports .

10% 70617 51316 15905 7033 55485 5261 1122 6383 9.688 7.50% 2.69 1.793 5.67% 2.21% 10.704 106. Performance at a Glance: Key Financial Data & Key Ratios Particulars Interest income Interest expenses Net interest income Non-interest income Non-interest Expenses Net Non-interest income Profit before provision and tax Provision for loans and assets Profit after provision before tax Tax including deferred tax Profit after tax Balance Sheet Authorized Capital Paid-up Capital Total Shareholder's equity Deposits Long-term liabilities Loans and advances Investments Property.00% 11.76% 14.24% 9.39% 96452 76097 26447 13673 82710 9057 3112 12168 10.167 20.97 7.368 Total risk weighted assets Core capital (Tier-I) Supplementary capital (Tier-II) Total Capital Tier-I capital ratio Tier-II capital ratio Total capital ratio Credit Quality Non performing loans (NPLs) .000 5.88 7.484 1.844 6.776 16.1.747 15.538 2.943 28.797 1.95% 3.234 5.003 10.88 6.60 3.433 29.96 10.603 1.023 7.918 111.535 3.09 11.447 3.09 12.692 21.33 147.00% 52639 41801 15050 5386 44324 3860 549 4409 8.790 4.692 132.71% 1149 2010 12.71% 1.769 124.Plant and Equipment Earning Assets Net current assets Total assets Current ratio Equity Debt ratio Other Business Import Export Remittance Guarantee Business Capital Measures 2006 5199 3698 1500 1732 1101 631 2131 390 1741 689 1052 4000 1750 3860 54724 16877 45010 7844 412 55458 5286 60899 0.45% 91424 68550 22669 10010 72253 6265 1594 7859 8.50% 777 2008 9096 7126 1970 3808 1931 1877 3847 1384 2463 1232 1232 10000 2844 6697 88021 31044 75156 23103 1375 100261 9962 110437 0.485 8.000 183.88% 1323 2009 10831 8426 2405 5790 2907 2883 5289 700 4589 1805 2784 10000 3555 11745 106956 38209 89252 19934 1573 109905 3435 124806 0.519 47.349 152.95% 367 2007 7170 5267 1903 2913 1559 1354 3257 910 2347 946 1401 4000 2275 5273 70512 15267 57683 12698 660 72798 1338 79588 0.078 540 5.

296 138.49 1.69% 1.11 30% 0.46 1.29% 1303 631 653 35.17% 91.55 10339 78.99% 30.572 290 16.52 87. of shareholders (actual) Earnings per share (Taka) Dividend Cash Bonus Effective dividend ratio Market capitalization Net asset value per share (Taka) Price earning ratio (times) 0.28 6.00% 25% 27.257 2.72% 89.76% 1040 734 540 28.34% 35.37% 30.42% 85.47% 83.16 21.29% 32.97% 2.01 1.23 1. Trend: .50 5262 60.06 94 14 2.34 1.76 19. of shares outstanding(Million) No.58% 70 1551 518 86530 95013 79266 66420 5985 2.82% 545 309 529 17.00% 21021 232 15.52 54.07% 82.41% 13.748 56.38% 8.00% 25% 40.57 35% 10.33% 9253 221 8.90 40% 5% 35% 49.36% 90.NPLs to total loans and advances(%) Provision for unclassified loans Provision for classified loans Share Information Market price per share (Taka) No.11% 91.44% 23212 330 8.00% 30% 33.52% 2.60 Key Financial Ratios Operating Performance Ratio Net interest margin on average earning assets Net non-interest margin on average earning assets Earning base in assets (average) Cost income raito Credit deposit raito Cost of funds on average deposits Yield on average advance Return on average assets Return on average equity Other information No of Branches No of SME No of employees No of foreign correspondents Average earning assets Average total assets Average depostis Average advance Average equity 3.18% 2.80 1.55% 13.44 9180 43.139 621 121.35% 895 478 924 22.37% 81.05% 31.39 11.15% 13.28% 2.30% 20.210 14.45% 8.92 2.32 25% 0.33 40% 10% 30% 44.802 115.68% 61 1400 553 64128 70244 62618 51347 4566 2.41% 13.31% 2.19% 84 5 1844 602 105083 117622 97488 82204 9221 3.78% 15349 235 12.737 100.81% 8.55% 50 1172 517 46448 51203 45373 38463 3334 2.22 89.463 642 945 57.71% 34.39 37.25% 8.07% 33.75 7368 61.96% 1.23% 1.

.

.

2011 Short Term ST-1 . Bank Credit Rating CREDIT RATING REPORT ON Prime Bank Limited Long Term Surveillance Rating -2010 Outlook Date of Rating Declaration AA+ Stable May 30.3.

sound IT infrastructure. The economy witnessed a satisfactory growth scenario in credit and deposits mobilization.000 100. 4. However. dependence on fixed deposit etc. The above ratings are based on consolidated financials up to December 31. moderate financial performance of exchange house operations. CRISL also foresee no significant change/ volatility in its operation in near future and placed the bank with “Stable Outlook” for the next one year. Some Important Financial Ratio Analysis: 4. Short-term rating indicates highest certainty of timely payment. satisfactory asset quality. Shortterm liquidity including internal fund generation is very strong and access to alternative sources of fund is outstanding. Assets (Taka in Million) 200. While assigning the rating CRISL viewed the ongoing fundamentals such as good financial performance and operating efficiency. experienced management team etc. 2010 and other relevant qualitative and quantitative information up to the date of rating. The increase in assets of PBL was mainly driven by growth of customer deposits. This level of rating indicates a banking entity with a sound credit profile and without significant problems. the above factors are moderated.000 50. The growth of deposits was used for funding growth in credit and holding of securities for SLR purpose and as primary dealer.1 Total Assets: Total assets of PBL stood at Tk 199. by high loan growth to deposit. to some extent.0 RATING RATIONALE CRISL has reaffirmed the long term rating of Prime Bank Limited (hereinafter called ’PBL’) to ‘AA+’ (pronounced as double A plus) and Short Term rating to ‘ST-1’. Risks are modest and may vary slightly from time to time because of economic conditions.1. good capital base. offer higher safety and have high credit quality. considerable increase of non-funded business.342 million in 2010 registering a growth of 29. good market share.55 percent. diversified business lines.000 150. Safety is almost like risk free Government short-term obligations. The long term rating implies that banks rated in this category are adjudged to be of high quality.950 million in 2011 from Tk 154.000 0 2011 Year 2010 .

There are as many as 18 deposit products of the bank. government bodies etc.39 percent of the previous year.000 mobilization of no cost and low cost deposits. Interest cost of deposit decreased to 8. The growth was supported by 200. corporation. No 50. Customer deposits of the bank grew by 26. NBFI. Deposit Mix-2011 21% 15% 2% 11% 5% Current & Contingent Bills Payable Savings Special Notice Deposits FDR Scheme Deposits 46% . The clientele group of the Bank was individuals.000 branch network and high standard service 150.15 percent as against 6.2 Total Deposits: Deposits (Taka in Million) The deposits of PBL grew by 28.29 percent in 2011. NGO.64 percent.000 cost and low cost deposits comprised of 33 0 percent of total deposits as against 38 percent in 2011 2010 the previous year.000 provided to customers along with liability campaign carried out by retail liability team for 100. Fixed deposits remained the main component of deposits contributing about 46 percent of the total deposits. Scheme deposits have increased by 25 percent over the previous year.4.

the NPL 10.06 percent from the level of 11. Ratio of nonperforming loan of PBL was 1. 4.352 million showing 50. NPL ratio is 1.00% .18 percent in 2010 and much below the industry average of 7. Outstanding loans and advances of offshore banking units was Tk 3.07 million had been recovered against previously written-off accounts in the year 2011.37 percent which was 1.3 Loans and Advances / Investments: Loans & Advances (Taka in Million) Consolidated loans and advances/investments (credit under Islamic Shariah) of the bank grew 150.000 a growth of 20.4 Non Performing Loan (NPL) Ratio: NPL ratio measures the asset quality of the bank and helps in managing asset portfolio.32 percent and stood at Tk 100. Due to continuation of major recovery efforts. Loans and advances of PBL have increased by Tk 23.802 million in 2011.000 strongly by 19.00% Industry average of NPL ratio 2011 2010 0.00% NPL ratio 5.918 million and the growth rate 2011 2010 was 16.4.89 percent during 2011.50 million had been recovered against NPL accounts and Tk 110.76 percent of previous year due to increase of lending rates on corporate and medium scale financing.12 percent during 2011.30 percent.37 percent which was much below the industry average of 7. Investment of Islamic banking branches 0 increased by 1.30 percent. Tk 753.470 million.000 141. Yield on loans and advances of PBL increased to 13.

37 percent in 2011.ratio stood at 1. Regular review of the loan pricing considering market situation and recovery of NPL is one of the major tasks for CBD to maintain and improve the asset quality. .

Sign up to vote on this title
UsefulNot useful

Master Your Semester with Scribd & The New York Times

Special offer for students: Only $4.99/month.

Master Your Semester with a Special Offer from Scribd & The New York Times

Cancel anytime.