Prime Bank earns BB’s sustainability rating

Business Desk :

Prime Bank PLC has once again been recognised by Bangladesh Bank in the prestigious Sustainability Rating 2024, marking the third consecutive year of this achievement
This continued recognition highlights Prime Bank’s strong and consistent commitment to sustainability, particularly in areas such as green refinancing, sustainable core banking operations, and corporate social responsibility (CSR).

Bangladesh Bank introduced the Sustainability Rating in 2020 to encourage banks and financial institutions to integrate environmental social and governance (ESG) principles into their business practices. The rating is based on five key indicators: the Sustainable Finance Index, CSR activities, Green Project Financing, the Core Banking Sustainability Index and Banking Services Coverage, says a press release.