Prime Bank Investment wins first place as merchant bank in Independence Golden Jubilee Award 2023

Prime Bank Investment Ltd (PBIL) has been honoured with the “Independence Golden Jubilee Award 2023”, presented by the Bangladesh Securities and Exchange Commission (BSEC), according to a media statement Thursday.

PBIL secured the 1st position in the Merchant Bank category, recognising its significant contributions to the development of the country's capital market.

Chief Guest of the award-giving ceremony Dr Shirin Sharmin Chaudhury MP, Speaker of the National Parliament and Special Guest Ms Waseqa Ayesha Khan MP, State Minister for Finance handed over the award to Mr Syed M Omar Tayub, Managing Director and CEO of Prime Bank Investment Ltd on Wednesday.

Presided over by BSEC Chairman Prof Shibli Rubayat-Ul-Islam, the ceremony was attended by all the commissioners and high officials of BSEC along with senior officials from other institutions related to the capital market.

Mr Tayub upon receiving the award said, "We are overwhelmed to receive this prestigious award. This award is a testament to our strong commitment to offering best-in-class and innovative products and services to our clients."

Prime Bank Investment Ltd, a wholly-owned subsidiary of Prime Bank PLC, has established itself as the preferred investment bank, effectively bridging the gap between the demand side, who need fundraising support, and the supply side through introducing innovative products and services tailored to individuals and institutions across all classes, added the statement.