Function of

Prime Bank
Mahmudul Hassan Sakib
2019210000072
Introduction
Prime Bank, is a top-tier second generation local commercial
bank in Bangladesh established in 1995. Headquartered in the
heart of Dhaka's bustling financial hub Motijheel, the Bank's
operational footprint is spread all over the country with 146
branches and 170 ATM locations. The Bank's founding directors
include, Mohammad Aminul Haque, Marina Yasmin Chowdhury
and Mohammad Abdul Khaleque, among other prominent
business icons of Bangladesh. Azam J Chowdhury also the owner
of prime bank.
Primary Function
 Acceptance of
Deposits:

i. Current Deposits
ii. Savings Deposits,
and
iii. Fixed Deposits.
 Advancing Loans:

1.Prime Credit Card.

2.Educational Loan.
3.Car loan Scheme
4.House Loan
5.Health Loan
6.Home Improvement Loan
7.Marriage Loan
8.Professional Loan
Secondary Functions
Agency Services
• Collection and payment of
credit instrument Purchase
and sale of Securities
• Collection of dividends on
share Acts as correspondent
Income-tax consultancy
• Execution of standing orders
Acts as trustee and executor
General Utility Services
• Online Transaction.
• Credit Card Bill.
• Mobile bill payment
• Locker services
• Electricity, Water, Bill
• Direct Lines of
Communication
• Traveler's cheques
Conclusion
The bank has already occupied an enviable position among its
competitors after achieving success in all areas of business
operation. Prime Bank Ltd.