Prime Bank PLC has signed a payroll agreement with Rupali Life Insurance Company Ltd, offering enhanced banking benefits to the insurance firm’s employees.
Under the agreement, Rupali Life Insurance employees will gain access to preferential banking services from Prime Bank, including credit cards and loan facilities.
They will also benefit from PrimePay, a digital portal that enables seamless, automated salary payments and corporate transactions 24/7.
The agreement was formalized at Prime Bank’s corporate office with Deputy Managing Director Md. Nazeem A. Choudhury, representing Prime Bank and Managing Director & CEO Md. Golam Kibria is signing on behalf of Rupali Life Insurance.
Senior officials from both organisations, including Mamur Ahmed, EVP and Head of Distribution Network at Prime Bank, and Mithun Chandra Pal FCA, AMD and CFO of Rupali Life Insurance, were also present at the signing ceremony.
This partnership aligns with Prime Bank’s commitment to delivering innovative financial solutions and strengthening corporate banking services.