Prime Bank launches first consumer loan against treasury bonds

Prime Bank PLC has become the first bank in Bangladesh to launch a consumer loan facility backed by treasury bonds, marking a notable step forward in the country’s banking sector.

The central bank issued guidance on April 2, 2026, and Prime Bank moved swiftly to disburse the first loan the following morning, underscoring its operational efficiency.

“This achievement reflects our ability to innovate within regulatory frameworks while delivering meaningful value to customers,” said M Nazeem A Choudhury, additional managing director of the bank.

He added that the bank remains focused on introducing financial solutions that enhance accessibility, flexibility and efficiency.

The new product allows customers to access funds by borrowing against their treasury bond holdings, enabling them to meet financial needs without liquidating investments.

Officials said the initiative highlights the bank’s commitment to customer-centric services in response to evolving market demands.

The rollout was supported by coordinated efforts among multiple teams, including the Gulshan branch, credit administration division, credit risk management and the wealth management unit, ensuring a smooth approval and disbursement process.

With this move, Prime Bank reinforces its position as an innovative financial institution, contributing to the ongoing development of Bangladesh’s banking landscape, the release added.