Prime Bank secures $30m OPEC Fund loan to boost Bangladesh trade finance

Prime Bank has signed a $30 million term loan agreement with the OPEC Fund to strengthen trade finance support for businesses in Bangladesh.

The facility will be provided to Prime Bank’s offshore banking unit and is intended to support SMEs, agriculture and corporate clients, according to local reporting. The loan has an initial one-year tenor, with a provision for extension, giving the bank additional capacity to support importers, exporters and businesses exposed to global funding pressures.

Bangladesh remains highly sensitive to trade finance availability because of its reliance on imported inputs, export-linked manufacturing and external funding channels. Even a relatively modest facility can matter when foreign currency liquidity and working capital access are under pressure.