Prime Bank PLC. recently signed Payroll Banking agreement with Bando Eco Apparels Limited, a sister concern of Teamtex Group, is a Bangladeshi Ready-made Garment (RMG) manufacturer, specializing in woven shirts and other apparel, to offer comprehensive Payroll Banking services. The signing ceremony took place at Bank’s Corporate Office in Dhaka.

Under this agreement, employees of Bando Eco Apparels Limited, shall enjoy exclusive payroll banking facilities which includes salary accounts with competitive rates, dual-currency debit card with fee waiver and lifestyle benefits, 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. Lutfor Rahman, Managing Director of Bando Eco Apparels Limited 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, SEVP & Area Head of Corporate & Institutional Banking; Md. Kudrat-E-Khouda, EVP & Team Head, Corporate & Institutional Banking; Hasina Fardous, VP & Head of Payroll Banking of Prime Bank PLC. and Ms. Mousumi Ferdous, Director, Mr. Md. Shamsul Alam, Director and Md. Kazi Monir Uddin Tarim, CEO of Bando Eco Apparels Limited, along with other senior officials from both organizations were also present on the occasion.