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Prime Bank Limited
established its fully-owned subsidiary "Prime Exchange
Co. Pte Ltd." to offer remittance services to
Bangladeshi nationals in Singapore, which started its
operation from 8th July, 2006 under remittance license
received from Monetary Authority of Singapore (MAS) and
approval of Bangladesh Bank. Mr. Qazi Saleemul Huq,
MP Chairman of the Executive Committee of the Board of
Prime Bank Ltd. is the Chairman of Prime Exchange Co.
Pte Ltd. while Mr. M Shahjahan Bhuiyan, Managing
Director of the Bank is the Director of the Prime
Exchange Co. Pte Ltd. The Exchange Company is
located at Zaman Centre, 5 Roberts Lane,
Singapore-218286, a very convenient place at Serangoon
area near Mustafa Centre, where Bangladeshi nationals
congregate during weekends for social interaction and
money remittance services. Opening of the fully
owned subsidiary in Singapore to offer remittance
services to Bangladeshi nationals will add new dimension
to the Bank's remittance operation. |
