Premier Bank’s total assets grow as it steps into its 23rd year

Business Desk :
Premier Bank’s assets and deposits expand yearly as a result of customer satisfaction and commercial success. This third-generation bank has enjoyed 23 years of success and prosperity, and it hopes to do so in the years to come.
They said Premier Bank has gained the public’s trust by making a significant contribution to the nation’s financial sector and economic expansion.
On Wednesday, in its 23-anniversary program Dr HBM Iqbal, founder chairman of Premier Bank Limited said: “Our journey started in 1999 and since then, we have been able to prosper and achieve our current position by earning the trust, faith and love of the people. Our bank has had an important role in the development of various sectors across the country. We could not have achieved our current position without the support, guidance and love of our valued clients, well-wishers, patrons, controlling bodies and media personnel.”
M Reazul Karim, managing director and CEO of the bank said: “Our journey on the road to prosperity will continue. Premier Bank’s current portfolio of assets and deposits stand at Tk38,280 crores and Tk29,130 crores respectively, while the present AD ratio is 74.26% compared to 76.22% last year.”
“Our bank’s present LCR is 123.96% which was 117.21% last year, while NFSR is 124.52% which was 122.38% last year and the percentage of bad loans is 2.76%.