Climate Change Data

The Premier Bank Limited

Climate Impact & Sustainability Data (2019)

Reporting Period: 2019

Environmental Metrics

Social Achievements

  • Spent Tk.138.40 million on CSR which covers vast area of education, health and other under privileged sectors for the overall betterment of the nation.
  • Supported Small and Agro based business through partnership with NGO’S and Micro Finance bodies across the country.
  • Strengthened agro based financing base in Bashgari, Bhairob to provide start-ups, mentoring access to our networks.

Governance Achievements

  • Maintained high standards of corporate governance, sound risk management practices to achieve sustainable growth in long run.
  • Ensured compliance of corporate governance code issued by BSEC and Bangladesh Bank.

Climate Goals & Targets

Environmental Challenges

  • Challenging external environment marked by global volatility with economic slowdown, continued regulatory pressure and negative interest rates in Europe, a trade war between the US and China, and Brexit related uncertainty.
  • Sky rocketing Non-Performing Loans (NPLs) in the banking sector.
  • Slowdown in export growth.
Mitigation Strategies
  • Improved profitability and strengthening of the balance sheet of the bank.
  • Investment in technology to improve services across Retail and Corporate customer bases.
  • Introduced mobile banking application “P money”.
  • Strengthened loan recovery efforts.
  • Implemented robust risk management practices.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

  • “Bangladesh’s Best Bank Leader 2019-20”
  • “Bangladesh’s Greatest Brands 2019-20”
  • ‘Mother Teresa International Award’