Prime Bank signs payroll banking deal with Progressive Life Insurance
Prime Bank PLC has entered into a payroll banking agreement with Progressive Life Insurance Co Ltd, a leading life insurer in the country.
The signing ceremony took place at Prime Bank's head office in Gulshan.
Through this agreement, Prime Bank will offer Progressive Life Insurance employees a secure and efficient payroll management system.
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This partnership provides exclusive banking services and enhances employees' access to streamlined salary processing, faster account services, and dedicated customer support.
The collaboration aims to strengthen financial security for employees and improve operational efficiency for both organisations.
Officials noted that the benefits will support employee financial well-being and could be expanded with future joint initiatives.
The ceremony was attended by Prime Bank Deputy Managing Director M Nazeem A Choudhury and Progressive Life Insurance's former Chairman and Sponsor Director, Zakariya Ahad.
Senior officials from both organisations were also present at the ceremony.
