Prime Bank PLC. has recently entered into a Payroll Banking agreement with National Life Insurance PLC. a trusted provider of multifarious life insurance solutions in Bangladesh, to offer comprehensive Payroll Banking services. The signing ceremony took place at the bank’s corporate office in Dhaka recently.

Under this agreement, employees of National Life Insurance PLC, shall enjoy exclusive payroll banking facilities, dual-currency debit card, customized loan and credit card facilities and a wide range of consumer banking products & services on preferential terms to name a few. 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.

Nazeem A. Choudhury, Deputy Managing Director of Prime Bank PLC. and Md. Kazim Uddin, Managing Director & Chief Executive Officer of National Life Insurance PLC; signed the agreement on behalf of their respective organizations.

Senior officials from both organizations were present at the signing ceremony. From Prime Bank, Mamur Ahmed, SEVP & Head of Distribution Network; Miah Mohammad Rabiul Hasan, EVP & Chief Bancassurance Officer; Hasina Fardous, VP & Head of Payroll Banking, attended the event. From National Life Insurance PLC, Probir Chandra Das FCA, Deputy Managing Director & CFO; Md. Enamul Hoque, Head of HRD; S.M. Baki Billah, EVP & Head of Bancassurance; along with other senior officials were also present.