PHOTO: PRIME BANK

STAR BUSINESS DESK

Prime Bank PLC has entered into a payroll banking agreement with National Life Insurance PLC, a provider of multifarious life insurance solutions in Bangladesh, to offer comprehensive payroll banking services.

M Nazeem A Choudhury, deputy managing director of Prime Bank PLC, and Md Kazim Uddin, managing director and chief executive officer of National Life Insurance PLC, signed the agreement at the bank’s corporate office in Dhaka recently, according to a press release.

Under the agreement, employees of National Life Insurance PLC will enjoy exclusive payroll banking facilities, including dual-currency debit cards, 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.

Md Kazim Uddin, managing director and chief executive officer of National Life Insurance PLC, and M Nazeem A Choudhury, deputy managing director of Prime Bank PLC, pose for a photograph after signing the agreement at the bank’s corporate office in Dhaka recently.