BM Desk:

Prime Bank PLC has entered into a strategic partnership with FMO, the Dutch entrepreneurial bank, to amplify its commitment to inclusivity and sustainability. 

The collaboration comes in the form of a Term Loan Agreement, with FMO providing USD 50 Million to Prime Bank for on-lending to projects focused on agriculture, women, youth, and green initiatives, said a press release.

The agreement was formally signed by Hassan O. Rashid, Managing Director & CEO of Prime Bank, and Huib-Jan de Ruijter, Co-Chief Investment Officer of FMO.

This partnership aligns with Prime Bank’s vision to foster inclusive and sustainable prosperity through private sector investments that generate positive development impacts.

The collaboration reflects the shared commitment of both organizations to drive positive change and contribute to the economic development of Bangladesh.