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Prime Bank Limited, one of the leading financial institutions in the country, has been awarded with the prestigious "Best Bank for Environmental, Social, and Governance (ESG)" in 2023 by Asiamoney.
This recognition underscores Prime Bank's unwavering commitment towards sustainable finance and responsible banking practices, says a press release.
Asiamoney, a globally reputed UK based financial and management publication, conducts an annual evaluation of banks and their practices to identify industry leaders under various categories. This accolade serves as a testament to Prime Bank's strong focus on incorporating ESG considerations into its operations and decision-making processes.
"We are extremely happy to be recognised as the ‘Best Bank for ESG’ by Asiamoney," said Hassan O Rashid, Managing Director and CEO of Prime Bank.
The bank has also joined the Net Zero Banking Alliance (NZBA), an industry led, UN-convened alliance of banks worldwide with the commitment to build a greener planet aligning lending and investment portfolios with net zero emissions by 2050, the release added.