PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

608694

Primary Business Area

Financial Institutions Group

Disclosure Date

Jul 29, 2026

Country

Bangladesh

Region

South Asia

IFC Approval Date

Mar 13, 2024

Status

Active

Estimated Total Budget

$1,200,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Jul 29, 2026

Project Estimated Start Date

Mar 1, 2024

Project Estimated End Date

Feb 28, 2027

Client Legal Name

PRIME BANK PLC.

Project Description

The project will support Prime Bank in designing and launching Prime Now, a digital-only banking unit that will operate exclusively through online channels and platforms. Prime Now will feature user-friendly interfaces, advanced data analytics, and AI-powered tools to deliver innovative digital financial products and services. In addition, it will strengthen the bank’s risk management and strategic partnership framework to ensure the sustainable and scalable growth of Prime Now’s digital banking operations.

Development Results

E&S Risks / Impacts and Mitigation