Prime Bank maintains strong standing in sustainability rating

The Bangladesh Bank recognised Prime Bank PLC in the "Sustainability Rating 2024", marking the third consecutive year of receiving this achievement.

This accolade underscores the bank's steadfast commitment to sustainability, particularly in areas such as green refinancing, sustainable core banking operations, and corporate social responsibility, according to a press release.

The central bank introduced the Sustainability Rating in 2020 to encourage banks and financial institutions to embed environmental, social, and governance (ESG) principles into their operational and strategic frameworks.

The rating is assessed across five key indicators -- the Sustainable Finance Index, CSR activities, Green Project Financing, the Core Banking Sustainability Index, and Banking Services Coverage.

Through its excellence in these critical domains, Prime Bank continues to reinforce its reputation as a forward-thinking financial institution, dedicated to advancing sustainable development and environmental stewardship within Bangladesh's banking sector.