Prime Bank Limited Reports Earnings Results for the First Quarter Ended March 31, 2020

Prime Bank PLC, (the Bank) formerly Prime Bank Ltd., is a Bangladesh-based commercial bank. The Bank provides corporate, institutional banking and digital banking services. The Bank provides conventional banking, Islamic banking, NRB banking, and digital solutions. It offers wholesale banking services for business, such as trade financing solutions, cash management solutions, debt capital market solutions, and treasury solutions. Its trade financing solutions include pre-shipment financing, post-shipment financing, or letters of credit. It provides import services such as, letter of credits, import financing such as short-term loans, overdrafts, trade credits and more, import bills for collection, foreign exchange services, and customs clearance services. Its cash management solutions include escrow account services, prime secured cash (cash pickup/drop service), prime express service (document collection service), distributor finance, and petty cash disbursement service.