Prime Bank signs payroll banking deal with Agni Systems

Star Business Desk

Prime Bank PLC has signed a payroll banking agreement with Agni Systems PLC, a leading internet service provider (ISP) and technology company in Bangladesh, to offer comprehensive payroll banking services.

M Nazeem A Choudhury, additional managing director of the bank, and Md Mohammed Abdus Salam, managing director of the technology company, signed the agreement at the bank’s corporate office in Dhaka recently, according to a press release.

Under the agreement, the technology company’s employees will enjoy payroll banking facilities, including salary accounts with competitive rates, dual-currency debit cards with fee waivers and lifestyle benefits, customised loan and credit card facilities, and a wide range of consumer banking products and services on preferential terms, among others.

They will also have access to PrimePay -- the bank’s omni-digital platform that enables seamless and automated salary disbursement, along with convenient round-the-clock corporate payment solutions.

Mamur Ahmed, senior executive vice-president and head of distribution network at the bank; Mehedi Zaman Khan, senior vice-president and head of the commercial banking division; and Hasina Fardous, vice-president and head of payroll banking, attended the signing ceremony.

Zia Shamsi, director of the technology company; Md Shaiful Islam, chief financial officer; Dulan K Ukil, head of human resources; and Al Helal Md Moudud Ahammed, company secretary, along with other senior officials from both organisations, were also present.