Prime Bank


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Prime Bank

One of the approximately 50 largest banks in the world. Prime banks are well known and trade in extremely large investments. However, the term has a negative connotation because of its association with a prime bank scheme, in which a con man attempts to persuade a person to invest in supposed investment vehicles through a prime bank that does not really exist.
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The banks included Mutual Trust Bank, One Bank, Prime Bank and Al-Arafa Bank.
Two unauthorised branches of Bangladesh-based Prime Bank have been fined for identity theft.
Dhaka, Bangladesh and Tokyo, Japan, June 3, 2014 - (ACN Newswire) - Prime Bank Limited (Prime Bank), a major commercial bank in Bangladesh, and JCB International (JCBI), the international operations subsidiary of JCB Co.
Before that, he was chief financial officer of Huntingdon Valley Bank, served as controller of Prime Bank in Philadelphia, and held various positions in the Philadelphia office of KPMG.
In the light of the present increase in the prices of food, fuel, medical aid tariffs and electricity as well as the expected increase in the prime bank rates, a real increase of 7% is totally unacceptable.
DCSL is implementing this project in collaboration with Prime Bank Limited (PBL), The programme, named Prime Cash which represents over 76% of the country's population, aims to provide secure access to banking services for people with limited or no access to banking services in both rural and urban areas in Bangladesh.
Dhaka and Tokyo, Apr 18, 2013 - (JCN Newswire) - Prime Bank Limited (Prime Bank), a major commercial bank in Bangladesh starts JCB merchant acquiring operations in Bangladesh based on a license agreement with JCB International Co.
Mr Butler's CV includes membership of the European Steering Group for Combating High Yield and Prime Bank Instrument Fraud, a position he took following his appointment as head of the Northumbria Police Economic Crime Unit in 2002.
LCB's other links to Hezbollah include LCB's subsidiary, Gambia-based Prime Bank, which is partially owned by a Lebanese individual known to be a supporter of Hezbollah.
During the economic boom (FY03-FY08) there were a large number of private sector acquisitions in the banking sector, including those of Union Bank, Prime Bank, PICIC & MCB Bank (20 percent strategic stake).
Prime bank schemes: Victims are taken in by the lure of a very high-yield, tax-free return that, supposedly, is only available to extremely wealthy individuals through offshore trades of bank notes.
4% of the respondents (Table 2) have changed their prime bank in the last ten years.