Abstract:
Banks play a vital role in the economy of the country. The primary banking system functioned
primarily as a depositor of funds, while the more modern system considered credit delivery
as their main goal. Banks are financial institutions or financial intermediaries that collect
funds from people as deposits and provide these funds as a ransom and advance in various
sectors of the economy against interest for a period of time.
Banks play a very important role in both national and international trade. Now a day, no
country can survive without international trade. In addition, banks provide some other
obsolete services such as factoring, bank guarantee issuance, etc., which are much more
conducive to modern business.
Description:
The Premier Bank Limited (PBL) is the main private bank in Bangladesh. It is a planned
bank, which is joined in Bangladesh as a banking organization on June 10, 1999, under
Companies Act.1994. It has made another method for its very own banking region of
Bangladesh as far as giving help to clients and worth expansion to its partners. Bangladesh
Bank, the national bank of Bangladesh, gave a banking permit on June 17, 1999, under
Banking Companies Act.1991. The Head Office of the Premier Bank Limited is situated at
Banani. Inside a brief timeframe, the bank has been fruitful in situating itself as a dynamic
and dynamic budgetary organization in our nation. The bank is presently generally worked
by the business network from little business people to huge vendors and multinationals as
a result of current and imaginative thoughts and money related arrangements. Presently it
has opened 65 branches in various zones of the nation.
