Prime Bank Investment Ltd (PBIL) a subsidiary of Prime Bank Ltd started its journey from April 28, 2010 vide certificate of incorporation no. C-84266/10. It is one of the leading investment banks of the country with a paid-up capital of BDT 3,000 million. The PBIL has been operating actively in the capital market since 2006 and its management has over one decade of experience. The Board of Directors consists of highly experienced scholars including economists and the people with entrepreneurial track records and business development.
The functions of investment banking were separated from Prime Bank Limited by forming a subsidiary company in terms of Bangladesh Bank’s BRPD circular no. 12 dated 14 October 2009. Bangladesh Securities and Exchange Commission (SEC) thereafter issued a full-fledged merchant banking license in favor of Prime Bank Investment Limited, vide letter no. SEC/Reg/MB/SUB/2010/03/208 dated 02 June 2010 with effect from 01 June 2010.
Being one of the largest investment banks in the country, the PBIL offers various services such as mergers and acquisitions related services, business valuation, syndication and structured finance, issue management, corporate advisory, trustee, underwriting and portfolio management services to its clients. Considering its strong clientele base, expertise of its management and support from the parent company, the PBIL has the competitive advantage in providing investment banking related services to its clients.