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SUNDAY, MAY 25, 2025
PBIL and WeGro sign MoU to link agri-investments

Corporates

Press Release
24 May, 2025, 03:30 pm
Last modified: 24 May, 2025, 09:49 pm

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PBIL and WeGro sign MoU to link agri-investments

Press Release
24 May, 2025, 03:30 pm
Last modified: 24 May, 2025, 09:49 pm
PBIL and WeGro sign MoU to link agri-investments

Prime Bank Investment Limited (PBIL), a subsidiary of Prime Bank PLC, and WeGro Technologies Limited, a digital platform facilitating investments in agricultural ventures, have signed a Memorandum of Understanding (MoU) to enhance investment accessibility for agri-investors.

Through this partnership, investors on the WeGro app and website—who fund agricultural projects such as livestock and crop initiatives—will now be able to channel their investments into regulated financial markets via PBIL's PrimeInvest Discretionary Product Suite. This managed investment scheme is part of PBIL's broader #AccessToInvestment initiative, which seeks to create inclusive and diversified wealth-building pathways for both retail and institutional investors.

Syed M Omar Tayub, Managing Director and CEO of PBIL, remarked, "This collaboration empowers WeGro's investors to diversify their portfolios beyond agriculture into the broader capital market. It represents a significant step towards portfolio growth and financial inclusion."

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Md Mahmudur Rahman, CEO and Co-Founder of WeGro, said, "Our users can now support farmers while simultaneously gaining access to regulated financial instruments. This bridges the gap between impact investing and mainstream wealth creation."

Prime Bank Investment Limited (PBIL)

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