Prime Bank

Dhaka, Bangladesh Founded: 1995 • Age: 31 yrs
Commercial banking services are offered in Bangladesh since 1995.

About Prime Bank

Prime Bank is a Financial Services company based in Dhaka (Bangladesh) founded in 1995. Commercial banking services are offered in Bangladesh since 1995. It operates on a Professional Services and Subscription Services model. Prime Bank has raised $25 million across 5 funding rounds from investors including FMO, ITFC and Invest in Visions. Its chief executive, as recorded, is Ahmed Kamal Patel. Its website primebank.com.bd draws about 94 thousand monthly visits. Prime Bank offers products and services including Conventional Banking, Islami Banking, SME Banking, and Digital Solutions. Its focus areas include Banking and Commercial Banking. Its legal entity is Prime Bank PLC. Its competitors include BRAC Bank, Midland Bank and Mutual Trust Bank; 1 of its 3 listed competitors has raised funding.

Company details

Prime Bank PLC is recognized as a top-tier second-generation commercial bank in Bangladesh. Banking services are provided across personal, business, and digital segments. Conventional and Islamic banking solutions are offered alongside SME and agricultural financing. A wide network of branches and ATMs is maintained throughout the country. Sustainable finance and community inclusiveness are prioritized in operations.

Operational Areas
Key Metrics
  • Total Equity Funding
    $25M (USD)

    in 5 rounds

  • Latest Funding Round
    $20M (USD), Debt – Conventional

    Jan 2026

  • Investors
    FMO

    & 3 more

Products & Services of Prime Bank

Prime Bank offers a comprehensive portfolio of products and services, including Conventional Banking, Islami Banking, SME Banking, and Digital Solutions.

Conventional Banking
Banking Services

Personal banking solutions are provided for various needs.

Islami Banking
Banking Services

Sharia-compliant banking services are offered to customers.

SME Banking
Business Banking

Financial solutions are tailored for small businesses.

Digital Solutions
Digital Banking

Online banking platforms are provided for convenience.

Funding Insights of Prime Bank

Prime Bank has successfully raised a total of $25M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $20 million completed in January 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $25M
  • Total Rounds 5
  • Last Round Debt – Conventional β€” $20M
  • First Round $25M

    (Feb 2020)

  • Investors Count 4

All 5 funding rounds of Prime Bank with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2026$20MDebt – Conventional––
Dec 2024$30MDebt – Conventional––
Aug 2023$40MDebt – Conventional––
Oct 2021$30MDebt – Conventional––
Feb 2020$25MPrivate Equity Round–FMO
–
Valuation history

4 investors in total: 4 institutional.

Investors in Prime Bank

Prime Bank has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include FMO, ITFC and Invest in Visions.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Development financing is provided for entrepreneurial ventures in emerging markets.
1970fmo.nlThe Hague, Netherlands
bii.co.uk
Trade financing services are provided by ITFC for international commerce.
2008itfc-idb.orgJeddah, Saudi Arabia
investinvisions.com
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Investor details for Prime Bank

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  • Round participation
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People of Prime Bank

34 people are tracked at Prime Bank (19 in leadership, 15 in team).

NameRoleGroup
Ahmed Kamal Patel
CEO & MDLeadership
Nasim Anwar Hossain
DirectorLeadership
M.D. Arif Ahmed
Head Of Medium Business. MSME Banking DivisionLeadership
Muhammad Mushtaque Ahmed Tanvir
DirectorLeadership
Mukul Hossain
DirectorLeadership
Muntasir Quium Khan
Vice PresidentLeadership
Sharif-Uz-Zaman Shakil
Assistant Vice PresidentLeadership
Salma Huq
DirectorLeadership
Imran Khan
DirectorLeadership
Nafis Sikder
DirectorLeadership
Hassan O. Rashid
CEOLeadership
Shaikat Barua
First Assistant Vice President, IT Compliance, Internal Control &complianceLeadership
Mafiz Ahmed Bhuiyan
DirectorLeadership
Ziaur Rahman
Head - Human ResourcesLeadership
A H M Masum
Head Of Digital InnovationLeadership
Syed Rayhan Tarique
Head Of Brands And CommunicationLeadership
Md.mahbubul Alam
Head Of Information Security DivisionLeadership
M.D. Mesbaul Quyyum
Senior Assistant Vice PresidentLeadership
Mohammad Anisuzzaman
Head Of Consumer CollectionsLeadership
Tapan Banik
Senior Manager, Financial Administration DivisionTeam

14 more people are available in the full profile.

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Complete people profiles for Prime Bank

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  • Team structure
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  • Professional contacts

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Timeline of Prime Bank

3 dated milestones of Prime Bank across 31 years, from founding to its latest funding, stage changes and deals.

  1. Founded Prime Bank is founded.
  2. Funding First funding round of $25.0M.
  3. Funding Latest funding round, Debt – Conventional, of $20.0M.

Competitors of Prime Bank

Prime Bank has 3 listed competitors in our database, 1 of them funded. They include BRAC Bank, Midland Bank and Mutual Trust Bank.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
bracbank.com2001Dhaka, Bangladesh$41.99M
Commercial banking services are provided in Bangladesh since 2001.
midlandbankbd.net1994Dhaka, Bangladesh
Commercial bank
mutualtrustbank.com1999Dhaka, Bangladesh
Retail banking services are provided to customers in Bangladesh.
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Detailed competitors of Prime Bank

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  • Operating metrics
  • Benchmarks
  • Competitive positioning

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Web traffic of Prime Bank

The website of Prime Bank (primebank.com.bd) receives about 94.1K visits a month.

  • Monthly visits
    94.1K

    ▲ 45.4% vs previous month

Similar websites

Websites whose visitors overlap most with Prime Bank. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
bracbank.com
100%
637.1K#82,188View details
dutchbanglabank.com
90%
680.7K#50,139View details
islamibankbd.com
88%
#34,594View details
ucb.com.bd
ucb.com.bd
86%
#80,962–
primebankindia.com
84%
1K#12,723,206View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 34 similar websites and full traffic analytics for Prime Bank

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  • 34 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Related news about Prime Bank

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Complete news archive for Prime Bank

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Frequently Asked Questions about Prime Bank

Prime Bank was founded in 1995 and raised its 1st funding round 25 years after it was founded.

Prime Bank is headquartered in Dhaka, Bangladesh.

Ahmed Kamal Patel is the CEO of Prime Bank, as recorded in our data.

Prime Bank is a funded company, having raised a total of $25M across 5 funding rounds to date. The company's 1st funding round was a Private Equity Round of $25M, raised on Feb 2020.

Prime Bank PLC is recognized as a top-tier second-generation commercial bank in Bangladesh. Banking services are provided across personal, business, and digital segments. Conventional and Islamic banking solutions are offered alongside SME and agricultural financing. A wide network of branches and ATMs is maintained throughout the country. Sustainable finance and community inclusiveness are prioritized in operations.

Prime Bank's top competitors include BRAC Bank, Mutual Trust Bank and Midland Bank.

Prime Bank offers Conventional Banking, Islami Banking, SME Banking, and Digital Solutions.

Prime Bank has 4 investors. Key investors include FMO, ITFC, Invest in Visions, and British International Investment.

Prime Bank operates through Prime Bank Plc.

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