The announcement came from the Sustainable Finance Department of Bangladesh Bank on Wednesday. This department evaluates and recognizes banks based on their sustainable practices, green finance initiatives, and contributions to corporate social responsibility (CSR).
Hassan O Rashid, CEO of Prime Bank, expressed his pride and commitment: “Prime Bank is dedicated to implementing sustainable business practices and launching initiatives that adhere to green banking principles. Our consistent efforts in these areas have been recognized by Bangladesh Bank, awarding us the Sustainability Award for both 2022 and 2023. This accolade highlights our achievements in Sustainable & Green Refinance, Corporate Social Responsibility (CSR), and Core Banking.”
He further elaborated that the bank’s sustainable practices include financing eco-friendly projects, reducing carbon footprints, and engaging in community-driven CSR initiatives. These initiatives not only align with global sustainability standards but also contribute to the socio-economic development of Bangladesh.
Prime Bank’s recognition in 2023 reinforces its role as a leader in the banking sector, setting a benchmark for other financial institutions in the country. The bank’s proactive approach towards sustainability and green finance is expected to inspire further innovations and commitments within the industry.
