The Premier Bank PLC
DDSE:PREMIERBAN5.60
BDT
0.00
(0.00%)
ISIN
BD0140PRMRB8
Return %
Stock
S&P 500
1Y
-5.08
14.39
3Y
-56.25
81.42
5Y
-53.69
68.62
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Mohammad Abu Jafar
- Full Time Employees
- 2,584
- Sector
- Finance
- Industry
- Major banks
- Address
- Dhaka Bangladesh
- IPO Date
- Mar 18, 2007
- Website
- premierbankltd.com
- Similar Companies
- Business
- The Premier Bank PLC is a Bangladesh-based commercial banking institution engaged in the provision of conventional and Islamic banking, corporate financing, retail banking, small and medium-sized enterprise (SME) banking, trade finance, and treasury operations. Founded in 1999 and headquartered in Dhaka, Bangladesh, the bank serves individual consumers, micro-enterprises, commercial entities, and large corporate clients across domestic and international trade finance corridors through a nationwide network of conventional branches, Islamic banking windows, sub-branches, agent banking outlets, automated teller machines, and digital channels. The bank organizes its operations across key business segments, comprising Retail Banking, Corporate Banking, SME and Agriculture Banking, Islamic Banking, Treasury, and Offshore Banking. Its systematic product and service portfolio encompasses deposit accounts, including current accounts, savings accounts, special notice deposits, fixed deposit receipts, and recurring deposit pension schemes; retail lending products, including personal loans, home mortgages, auto loans, student loans, dual-currency credit cards, debit cards, and prepaid cards; corporate and commercial financing, including working capital facilities, long-term project finance, syndicated loans, structured finance, and cash management solutions; international trade services, including import and export letters of credit, shipping guarantees, bill discounting, and documentary collections; SME and microfinance solutions, including specialized credit lines for small traders, women entrepreneurs, and agro-processing businesses; Shariah-compliant Islamic banking products operated under the Al-Barakah brand and structured around Mudaraba, Murabaha, and Ijara principles; and treasury solutions, including foreign exchange trading, money market operations, government securities dealing, and cross-border remittance processing. Through its operating subsidiaries, Premier Bank Securities Limited and Premier Bank Capital Management Limited, the company additionally provides stock brokerage, margin trading, issue management, underwriting, and corporate advisory services. In recent developments, the institution completed its corporate reorganization and statutory name change from The Premier Bank Limited to The Premier Bank PLC to align with regulatory amendments for publicly listed companies. The bank has also accelerated its digital banking modernization through extensive upgrades to its pMoney mobile banking platform, introducing digitized customer onboarding, biometric security features, and automated utility and merchant payment integrations. Furthermore, The Premier Bank PLC has expanded its rural financial inclusion footprint through the aggressive rollout of agent banking outlets and sub-branches, scaled its offshore banking unit operations to support foreign-currency trade financing for export-oriented sectors, and instituted strategic governance, liquidity optimization, and risk management realignments under central bank regulatory frameworks.