Prime Bank to create digital lending platform for low-income group

Prime Bank Limited will create a digital lending platform for the low-income people of the country.

To this end the bank has recently partnered with AGAM International, one of the fast-growing fintech platforms based in the United Kingdom, said a press release.

Both parties signed an agreement under which they agreed to work together in other areas of collaboration.

“Our unique innovation is designed to reach out to every underserved individual and allow them access to banking services,” said AGAM International Founder and CEO Shabnam Nida Wazed.

“We aim to enhance their experience in every aspect of financial interactions and through our partnership with Prime Bank, a long-time leader and pioneer in digital banking industry, Bangladesh will reach a new height of financial inclusion and discover first-hand our contribution to shaping this bright, dynamic sector in future,” he said.

About this partnership, Prime Bank’s Deputy Managing Director and Head of Consumer Banking, ANM Mahfuz said: “We are excited to partner with AGAM International, an innovative technology and service provider.”

“As the leader in digital innovation, we have the mission to continuously deploy game-changing solutions to ensure better service to our customers and facilitate financial inclusion by taking financial services to the unbanked population. Partnerships like these are instrumental to achieve our mission in digital banking frontiers,” he added.