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The Premier Bank Limited was incorporated in Bangladesh as banking company on June 10,
1999 under Companies Act.1994. Bangladesh Bank, the central bank of Bangladesh, issued
banking license on June 17, 1999 under Banking Companies Act.1991. The Head Office of The
Premier Bank Limited is located at Banani, one of the main commercial and business areas of
Dhaka city.
We want our asset quality to be the best in industry with Non-Performing Loans (NPL)
below 1%. We want a high degree of credit quality so that selling or recalling a loan is
left to our discretion.
We want our financials and ratios to be strong and better than industry standard with
Return On Assets (ROA) not less than 2% and Return On Equity (ROE) not less than
50% on net income basis.
We want our staff to understand customers need and offer the best solution in the
market. We want them fully conversant with the rules and regulations relevant to
banking reading books and browsing internet.
We want to a fully compliant bank in line with guidelines of Bangladesh Bank and other
regulatory bodies. We want Basel-II fully implemented.
We want to be the bank that is respected and adored by our regulators and peers in the
banking sector
We want to be a bank where people are happy and satisfied to work and can build a
career of their liking.
We want to create more values for our shareholders with a good return on their
investment.
Corporate Information
Registered Name of the Company
The Premier Bank Limited
Legal Form
A scheduled commercial bank incorporated on June 10, 1999 as a Public Limited Company
under the Companies Act, 1994 and Bank Companies act, 1991.
Registered Office
Iqbal Centre (4th Floor), 42 Kemal Ataturk Avenue, Banani
Dhaka-1213. Tel 9887581-4, Fax: 8815393, 9889153
Incorporation Certificate
C-37922 (2222)/99, dated June 10, 1999
Commencement of Business Certificate
Ref. no. 16370, dated June 10, 1999
Bangladesh Bank Approval Certificate
BRPD (P) 744 (72)/99-1638, dated June 17, 1999
VAT Registration
5101027082, dated July 31, 2000
TIN Certificate
140-201-0820, LTU, Dhaka, dated October 17, 2000
Auditors
M/S. Syful Shamsul Alam & Co
Chartered Accountants
Paramount Heights (Level-6)
65/2/1, Box Culvert Road, Purana Paltan
Dhaka-1000, Bangladesh
Legal Advisor
M/S Rokanuddin Mahmud & Associates
Delta Dahlia (8th floor)
36 Kemal Ataturk Avenue, Banani, Dhaka-1213
CSR
Corporate social responsibility (CSR) differs from place to place, industry to industry and over
time. We are a bank that works hard to help our customers and communities to thrive. When they
succeed, so do we. We have demonstrated that belief throughout our 14 years history of
providing for our customers, employing a strong and diverse workforce, and helping our
communities to find solutions for social, economic, and environmental issues.
Corporate Social Responsibility (CSR) has permeated management practice and theory up to a
point where CSR can be referred to as the latest management fad.
As an organization, weve certainly changed over the past 13 years, but our commitment to
social responsibility and corporate citizenship has not faltered; in fact, its only strengthened. It is
part of our Vision & Values and its how we do business every day.
The Premier Bank since its inception in 1999 had adopted the policy of contributing to the social
cause. It has been continuing its effort during the last 14 years as a pioneer in the banking sector.
Be it education, charity, games & sports, environment, science, health care or talent
development, The Banks social commitment was felt everywhere.
The Premier Bank Ltd. approaches corporate social responsibility in five discerning dimensions:
Ethical responsibility not acting just for profit but doing what is right, just and fair
Being a good corporate citizen : contributing to the community and the quality of life
practices at all levels which enables it to establish professionalism together with trust and
confidence among the interested parties, builds capacity to operate business efficiency and
creates a congenial working environment inevitable to meet the challenges of the present
competitive business arena. Financial information is prepared as per financial accounting policies
in line with the International Financial Reporting Standard and best financial reporting practices
in the country. Public disclosure policy of material information has been adopted in accordance
with the requirement as set out in legislation and in the rules and regulations of SEC, DSE and
other applicable laws. Centralized Core Banking Software has been adopted to ensure strong risk
management framework and better internal control. Any malpractice, misconduct, fraud and
unethical behavior are seriously dealt with a clear adherence to laws, rules and regulations.
Ethical Responsibility not acting just for profit but doing what is right, just and fair
We want to ensure high level of transparency and accountability in all our business transactions.
Ethical responsibility at every stage is significant to carry out our duties. Our solemn promise is
to transact banking business in a confidential & professional manner. We respect the views and
opinions of others; their dignity. We seek mutual benefit in all human transactions.
Being a good corporate citizen: contributing to the community and the quality of life
The Premier Bank Ltd. does not believe in making profit for itself only. Our goal is to build the
nation while we make profit through banking business. We believe that instead of just being a
nation that buying what is made overseas, we can make things in Bangladesh, we can make best
financial products and sell them around the globe. We are striving to elevate the quality of life by
making effective contribution to national development. The Bank deducts income tax, VAT and
excise duty at source to deposit in the government revenue fund. We are going green to protect
our planet from environmental hazards. We are eager to inspire Eco-friendly investment. We
have created congenial atmosphere where people are happy and satisfied to work and can build a
banking relationship with utmost confidence. It is a privilege to create a perpetual bond among
the members of Premier Bank family by a comprehensive exposure to personal interaction and
introduction. We care for the feelings, needs and experience of the society and share our interests
equally. We try hard to ensure a better society and a more prosperous Bangladesh.
Voluntary and philanthropic
In 2012, we contributed Taka 34.58 million through our donations and charities program,
primarily directed towards health care, social welfare, supporting educational institutions,
research studies, sports development to ensure that the less privileged among us are put on the
path to a more secure future.
Support for medical treatment
Health is one of the prime parameters to achieve millennium development goal (MDG). The
need for health care is increasing everyday due to rapid growth of population. The Premier Bank
Ltd. has identified health care as a priority sector and helped create better health care facilities.
During the year 2012 the Bank provided financial support to the peoples for medical treatment:
Donated Tk. 100,000/- to Dhaka Shishu (Children) Hospital for infrastructure development.
Distribution of Warm Clothes among the winter hit poor people
Bank always stands beside the distressed people to wipe up their wailing tears. Premier Bank
distributed warm clothes worth Tk. 91.00 lac among the poor people in the country to assuage
their sufferings from cold wave in winter 2012.
Our Values
Service First
For us Service First is not just an abstraction; we do mean it. It holds a prime and central focus
in our operation. We believe, discharge of quick & quality service is the hallmark for banking
standard.
Easier Banking
We have made day-to-day banking easier than ever through state of the art facilities. We tend to
create a congenial atmosphere for our customers to feel free and go easy with banking. We divide
our clientele into least possible individuals to impart the best attention, and we tailor make our
services to meet special needs.
Better Relationship
As we form bondage with our valued clients, so we develop it into a sustainable end. A good
understanding with them, while carrying out business transactions, helps us perceive their goals
and thus, enable us to respond pro-actively to their financial needs.
Assured Confidentiality
Since we deal in business in the form of financial loss or gain, our solemn promise remains intact
with interest of our clients so much so that all banking transactions are done in a confidential &
professional manner.
Good Corporate Governance
The board of the bank ensures that high ethical standards are established across the Bank and
regularly reviews the Banks compliance with Central Bank. The board recognizes good
corporate governance practice a vital ingredient in the creation of substantial shareholders value
and protecting the interests of all stakeholders.
Corporate Citizenship
We are compliant Bank and we pay due taxes. We are going green to protect our planet from
environmental hazards. We are eager to inspire Eco-friendly investment. We are an abiding
citizen in terms of all laws, rules, norms, sentiments and values of the land.
Our Confidence
Strong diversification by business line, geography and products add up to our strategic
advantage.
"Iqbql Centre" 3rd Floor, 42 Kemal Ataturk Avenue, Banani, Dhaka-1213, Bangladesh
Known As
SWIFT Code
PRMRBDDH
Stock Code
PREMIERBAN
Category
Commercial
Type
Private
Origin
Local
Description
Premier Bank is one of the latest generation commercial banks of Bangladesh. The bank started
functioning in 1999 after being established under the Banking Companies Act, 1991.
Products & Services
Premier Bank provides all general banking services and products for its customers. The
products and services may be categorized as Deposit Products, Loan Products and Customer
Services.
Deposit Products
The major deposit products of Premier Bank are Fixed Deposit, Premier Genius Account,
Premier 50+ Account, Double Benefit Account, Monthly Income Scheme, Monthly Savings
Scheme, and Education Savings Scheme.
Fixed Deposit Scheme is for those people, who want to deposit a lump sum of money for a
definite period of time. The profit rate of this scheme is quite attractive.
Premier Genius Account is designed for students undertaking higher education. This scheme
makes your banking easy and free from all hassle.
The deposit scheme designed for elderly citizens by Premier is 50 + scheme. This program offers
good interest rate, priority service and no service charge.
If you want to double your money you should avail the Double Benefit Scheme of Premier
Bank. It doubles your money in just 7 years and 7 months.
Your savings may generate a regular income. Premier Banks Monthly Income Scheme offers
such an opportunity. Multiples of 50,000 are the deposits for the scheme and the interest is quite
substantial.
You are a service personnel and your income is limited. You like to save some for future from
your income. Monthly Savings Scheme of Premier Bank provides you a scope.
Your children are your best asset. Your desire is to equip them with best possible education. But
quality education needs a lot of money. Education Savings Scheme of Premier Bank is the
perfect solution.
In addition to all the above deposit schemes Premier Bank presents three types of foreign
currency accounts for resident and nonresident citizens.
Loan Schemes
Premier Banks Loan Products spread over a wide range of schemes. The schemes are Personal
Loan, Consumer Credit Scheme, House Building Loan, Doctors Loan, SME Finance, Women
Entrepreneurs Finance, Student Credit Program, Lease Finance, and VISA Credit Card.
You are working in a well established organization as a salaried executive. In case you need a
loan, say for emergency medical care, or purchasing electronic goods, or to meet travel expenses,
you may have a loan from Premier Bank Personal Loan Scheme. Terms and conditions are quite
reasonable.
Consumer Credit Scheme is a program to enhance your standard of living. Many of your
expectations are yet to be fulfilled due to limited income. You have a loan under this scheme and
fulfill at least some of your dreams. Repayment is in easy monthly installments.
One of the basic human desires is to have a house of his or her own. But this is not easy for a
limited income person. Only a financial support can make that come true. Premier Bank
provides Housing Loan at a competitive rate of interest.
Doctors Loan of Premier Bank is for medical practitioners to purchase medical equipment, car,
and ambulance and for office/chamber rent or decoration. Any registered doctor, specialist, or
hospital is eligible to apply for this loan.
Small and medium scale enterprises may be the main driving force of the economy of
Bangladesh. Realizing this fact Premier Bank has imposed proper weightage on SME
Financing. This scheme offers loan for Project, Working Capital, Lease Finance/Hire Purchase
and Work order.
Women Entrepreneurs are given proper importance by Premier Bank through its WEF program.
This scheme exclusively tailored to suit the particular group of people and to provide financial
freedom to develop entrepreneurship.
Two categories of VISA Credit card are available with Premier Bank. These are local and
international. Naturally International one is globally acceptable and Local card useable through
3500 outlets across the country.
Customer Services
In addition to all the above schemes Premier Bank serves Islami Banking to the clients. Shariah
is perfectly followed under strict supervision of a competent committee.
This bank presents many other banking services to its customers. Some of them are Online
Banking, Evening Banking, Brokerage House, Remittance Service and Locker Service.
Premier Banks slogan is SERVICE FIRST. The bank has taken these words as its motto.
Since very inception it is trying hard to uphold the motto. It is serving its clients and the nation
simultaneously.
Established
1999
Website
http://www.premierbankltd.com
LOANS
Name
1-5years
Eligibility
Name
Doctors' Loan
Description
For Doctors
Name
Housing Loan
Category
Home Loan
Description
Realizing the importance of having one's own place to live, we have introduced
Housing Loan at a competitive interest rate. We provide this loan for both residential
and commercial purposes.
Name
Housing Loan
Category
Home Loan
Description
Realizing the importance of having one's own place to live, we have introduced
Housing Loan at a competitive interest rate. We provide this loan for both residential
and commercial purposes.
Name
We offer Lease Finance/Hire Purchase to facilitate your funding requirement for the
procurement of assets in order to grow your business. Meet up financial need
without out flowing own fund. You can acquire the lease assets keeping your capital
intact. Thus, leasing helps to build up your fund raising capacity. Premier Bank offers
Lease Finance for Capital Machinery, Medical Equipment/Office Equipment, Heavy
Construction Equipment, Lifts, Elevators, Power Generators, Air Conditioners,
Machinery for Agro based Industry etc.
Name
Personal Loan
Description
Our Personal Loan is any purpose loan for you. The purpose could be anything valid
from buying household appliances to emergency medical needs. Some of these
could be: Purchase of Electronic goods, House/Office Renovation, Marriages in the
family, Advance Rent Payments, Travel Expenses and Payment of Taxes etc. This
product is best suited for salaried executives who are working as confirmed
employees in established organizations.
Name
Product Name
Description
Bangladesh, as a developing country, has been trying for its overall economic
growth. The development of small and medium enterprises would be the key
element in this regard. Recognizing this fact, we have strongly started to finance
SMEs. Our SME products are- Project Finance, Working Capital Finance, Lease
Finance/Hire Purchase, Work Order Finance, etc.
Name
Education Loan
Description
We are proud to introduce a credit scheme which is being first of its kind whereby
the meritorious students in the country shall enjoy credit facility in each month to
defray educational expenses. The loan is to be disbursed in a lump sum amount or
as monthly installments basis where necessary. Parents/guardian may apply along
with estimate of education expense in a prescribed form to any branches of the
Bank duly recommended by the Head of the Department or Head of the Education
Institution.
Name
SME Loan
Description
Honorable Chairman of The Premier Bank Limited, Dr. H.B.M. Iqbal handed over a Cheque of
Tk. 75 Lac (Seventy Five Lac) to Honorable Prime Minister, Peoples Republic of Bangladesh,
Sheikh Hasina as a donation to the PMs Relief Fund to help flood affected peoples of the
Country at a function at Gonobhaban on Tuesday, 9th August, 2016. Vice Chairman of the Bank,
Mr. Imran Iqbal & B.A.B. President Mr. Nazrul Islam Majumder were also present in the
Programs arranged by BAB.
Honorable Chairman of The Premier Bank Limited (PBL) Dr. H.B.M. Iqbal handing over 25000
pieces of blanket to our Honorable Prime Minister Sheikh Hasina as donation to the PMs Relief
Fund for the poor and distress peoples under CSR activities of the bank in a function at
Gonobhaban on 9th December, 2015. Sponsor Director of The Premier Bank Limited, Mr. Abdus
Salam Murshedy & B.A.B President Mr. Nazrul Islam Majumder & others were also present.
Premier Bank donates 25000 pieces of blanket for the poor and distress peoples