Prime Bank named best bank for governance in 2023

Prime Bank has been awarded the prestigious "Best Bank for Environmental, Social, and Governance (ESG)" title in 2023 by Asiamoney - a globally reputed UK-based financial and management publication.

This recognition underscores Prime Bank's unwavering commitment to sustainable finance and responsible banking practices, said a statement.

"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.

He added, "This award acknowledges the concerted efforts of our entire team and our steadfast dedication to sustainable finance. We firmly believe that responsible banking is not only essential for the environment and society but also for creating long-term value for our shareholders."

Asiamoney conducts an annual evaluation of banks and their practices to identify industry leaders in various categories.

Prime Bank has prioritised sustainability as a core part of its business strategy. The bank has joined the Net Zero Banking Alliance (NZBA), an industry-led, UN-convened alliance of banks worldwide committed to building a greener planet by aligning lending and investment portfolios with net zero emissions by 2050.