Prime Bank Limited: Bangladesh’s Best Bank for ESG 2023

Hassan O. Rashid 
Managing Director and CEO
Prime Bank Limited

The driving force behind our achievements lies in our dedication to integrate sustainability into every aspect of our business. We have adopted a holistic approach that not only emphasizes financial performance but also measures the positive impact we create for the environment, society and all stakeholders. Being a NZBA member from Bangladesh, we remain committed towards our ESG initiatives and sustaining our achievements. By taking small but impactful steps, we want to introduce innovative solutions to minimize our ecological footprint and drive positive social change. We would also like to create more ESG awareness in the financial sector by actively promoting sustainable practices and lead other institutions by example. 

Top 3 Initiatives

• Promote the circular economy by inspiring employees for internal energy and product reuse.
• Encourage employee engagement in training programs to facilitate continuous learning.
• Excludes companies not meeting ESG criteria from providing financing, setting an industry standard.

Top 3 Achievements

• Arranged $27 million for sustainable investments in low-carbon machinery and energy-efficient equipment.
• Prime Bank's green finance portfolio reached $54 million by the end of 2022.
• Conducted 15 sustainability training programs covering 262 employees to boost the bank's capacity for financing green projects.