Prime Bank PLC recently signed an agreement with Quality Feeds Limited, a leading Bangladeshi animal feed manufacturer, to offer comprehensive payroll banking and cash management services.
The signing ceremony took place at Quality Feed’s corporate office in Dhaka.
Under this agreement, employees of Quality Feeds Limited shall enjoy exclusive payroll banking facilities, including dual-currency debit card, customized loan and credit card facility, and a wide range of consumer banking products & services on preferential terms.
Quality Feeds Limited will also avail comprehensive cash management solutions from Prime Bank.
The company will utilize PrimePay, the Bank’s omni digital platform, to initiate all types of domestic disbursements and manage nationwide sales collections through Prime Bank’s extensive branch network.
The arrangement also includes a robust MIS reporting and reconciliation system for enhanced efficiency and transparency.
M Nazeem A Choudhury, deputy managing director of Prime Bank PLC, and Md Basir Rahman, director-finance & risk management; Md Safir Rahman, director-corporate & HR of Quality Feeds Ltd, signed the agreements on behalf of their respective organizations.
The signing ceremony was also attended by Mamur Ahmed, SEVP & head of distribution network; Sajid Rahman, area head of corporate & institutional banking; Md Manzur Ahmed Sarker, SVP & team head, corporate & institutional banking; Md Rashedul Husain, SVP, cash management; Hasina Fardous, VP & head of payroll banking of Prime Bank PLC, and Md Aminul Islam, asst. director-finance & accounts, Md Bayazid Hossain, sr. GM- finance & accounts, Md Abdullah Al-Mamun, DGM- finance & accounts of Quality Feeds Limited, along with other senior officials from both organizations were also present on the occasion.
