PBIL joins hands with LixCap to boost sustainable cross-border financing

Prime Bank Investment PLC (PBIL), a leading investment bank and a wholly owned subsidiary of Prime Bank PLC, has signed a memorandum of understanding (MoU) with Lixia Capsia Gestionis LLC (LixCap), a Delaware-based firm specialising in economic research and transaction advisory for emerging markets.

The virtual agreement, signed recently, aims to catalyse cross-border investments, promote sustainable finance, and support key sectors such as renewable energy, agribusiness, and small and medium enterprises (SMEs) in Bangladesh.

Syed M Omar Tayub, managing director and CEO of PBIL, and William C Fellows, managing director of Lixia Capsia Gestionis LLC (LixCap), virtually attended the signing ceremony, according to a press release.

"By aligning PBIL's deep knowledge of Bangladesh's investment landscape with LixCap's global reach, we are positioned to accelerate sustainable projects that drive inclusive growth and resilience," said Tayub.

Fellows noted that Bangladesh offers a "vibrant and compelling opportunity for international capital," adding that the partnership would create a "trusted, strategic channel" for investments in green and sustainable sectors.

Under the MoU, both organisations will collaborate on co-structuring high-impact transactions, attracting international capital, and developing sector-specific funds for agriculture, renewables, logistics, and other growth industries.

They will also work on blended finance and risk-mitigation solutions with development finance institutions, multilaterals, and donors.

In addition, PBIL and LixCap plan to develop ESG-aligned investment frameworks, advise on sustainability and climate finance, and design green bond and renewable energy projects.

The partnership also includes joint capacity-building initiatives and policy advisory support to foster investment-friendly reforms.

PBIL provides a full range of investment banking services, including equity and debt market solutions, advisory, and portfolio management, backed by digital infrastructure and a skilled team.

LixCap, with a record of mobilising over $750 million in private capital, brings expertise in blended finance, agribusiness, renewable energy, and SME development, making it a strong global partner for Bangladesh's sustainable growth.

Through this alliance, PBIL's local insights and LixCap's international experience are expected to drive investments in sectors vital to Bangladesh's industrialisation and climate resilience.