Prime Bank signs payroll banking deal with Bauwerk

Prime Bank PLC has signed a payroll banking agreement with Bauwerk Limited, a global provider of technology-led products, systems and services for the construction industry, to offer payroll banking services.

Md Asif Bin Idrish, senior executive vice-president and head of emerging market of Prime Bank PLC, and Julian Andrin Weber, chairman of Bauwerk Limited, signed the agreement at the bank's corporate office in Dhaka recently, according to a press release.

Under the agreement, eligible employees of Bauwerk Limited will enjoy exclusive payroll banking facilities, including salary accounts with competitive rates, dual-currency debit cards with fee waivers and lifestyle benefits, customised loan and credit card facilities, and a wide range of consumer banking products and services on preferential terms.

Employees will also have access to PrimePay, the bank's omni digital platform, which enables seamless and automated salary disbursement, along with convenient, round-the-clock corporate payment solutions.

Md Enamul Kabir, executive vice-president and regional head of the branch distribution network of Prime Bank; Hasina Fardous, vice-president and head of payroll banking; Mohammed Zubaer, vice-president and team head of emerging market; HM Mamun, assistant vice-president and relationship manager of emerging market; and Robiul Alam Iskandar, first assistant vice-president and business development manager of payroll banking, attended the event.

Md Humayun Kabir, head of finance, accounts and company secretary of Bauwerk Limited; Naleen Kaura, general manager; and Md Jishan Rahman, manager of human resources and administration; along with other senior officials from both organisations, were also present.