Prime Bank PLC. partners with BD Creation for payroll banking services

Prime Bank PLC. has formalised a new payroll banking agreement with BD Creation, a prominent handicrafts manufacturing and exporting firm based in Bangladesh. This partnership is designed to provide a comprehensive suite of financial services to the employees of the manufacturing company, streamlining salary management and offering enhanced banking benefits.

The official signing ceremony took place at the bank’s corporate office located in Gulshan, Dhaka. The agreement was signed by Mamur Ahmed, Senior Executive Vice President and Head of Distribution Network at Prime Bank PLC., and Belal Hossain, the Chairman and CEO of BD Creation, on behalf of their respective organisations.

Under the terms of the new arrangement, employees of BD Creation will gain access to a variety of exclusive payroll banking facilities. These include salary accounts that feature competitive interest rates and dual-currency debit cards equipped with specific lifestyle benefits. Furthermore, staff members will be eligible for customised loan and credit card facilities, alongside a wide range of consumer banking products and services offered on preferential terms.

A key component of the partnership is the integration of PrimePay, the bank’s omni-channel digital platform. This system is designed to facilitate seamless and automated salary disbursement, providing the company with convenient, round-the-clock corporate payment solutions. The digital platform aims to improve efficiency for both the employer and the workforce.

Several senior officials were in attendance at the signing ceremony to mark the collaboration. From BD Creation, Managing Director Mustafa Ahamed Pias was present to oversee the proceedings. Representing Prime Bank PLC. were Sajid Rahman, Senior Executive Vice President and Chief Business Officer for Corporate and Institutional Banking and Commercial Banking; Mohammad Salauddin Hazari, Senior Executive Vice President and Head of the Commercial Banking Division; and Md. Rashaduzzaman, Executive Vice President and Unit Head of the Commercial Banking Division.

Additional representatives from Prime Bank PLC. included Hasina Fardous, Senior Vice President and Head of Payroll Banking, and Md. Shahidur Rahman, Assistant Vice President and Senior Business Development Manager for Payroll Banking. The event concluded with representatives from both organisations expressing their commitment to the new financial arrangement, which is expected to support the employees of BD Creation through modernised banking services.