Prime Bank wins Asiamoney award

Prime Bank Limited won the "Best Bank for Environmental, Social, and Governance in 2023" award by The Asiamoney, a UK-based financial and management publication.

This accolade serves as a testament to the bank's strong focus on incorporating ESG considerations into its operations and decision-making processes, said a press release.

"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 to create long-term value for our shareholders," said Hassan O Rashid, managing director and CEO of the bank.

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

The award decisions were made by a team of senior journalists after receiving detailed submissions from market participants and in conjunction with research into the banking and capital markets by its editorial committee.