Prime Bank signs agreement with BB

Business Desk :
Prime Bank PLC. has signed an agreement with Bangladesh Bank to avail the central bank’s Refinance Facility for Digital Nano Loans.
The signing ceremony took place at the Bangladesh Bank office recently, according to media release .

Through this refinance scheme, Prime Bank will be able to offer fully digital loans to eligible customers at a lower interest rate, making small-scale credit more accessible, affordable and convenient for individuals across the country.

The agreement was signed by Hassan O. Rashid, CEO of Prime Bank and Iqbal Mohasin, Director of the Financial Inclusion Department of Bangladesh Bank.

Prime Bank has already been offering PrimeAgrim, a fully digital loan solution for retail customers.

Through PrimeAgrim, customers can conveniently access a portion of their monthly salary as a short-term loan with instant approval and seamless disbursement, the release adds.