Prime Bank signs payroll deal with SQ Lights

Prime Bank PLC has signed a payroll agreement with SQ Lights Limited, a subsidiary of the SQ Group of Companies.

M Nazeem A Choudhury, deputy managing director of Prime Bank PLC, and AZM Monjurul Quader, chairman of SQ Lights Limited, signed the agreement at the bank's corporate office in Dhaka recently, according to a press release.

Under the agreement, employees of SQ Lights Limited will enjoy a range of banking privileges from Prime Bank, including preferential services as well as credit card and loan facilities.

They will also have access to PrimePay, the bank's state-of-the-art digital payroll platform that enables seamless and automated salary disbursement along with convenient, round-the-clock corporate payment solutions.

Mamur Ahmed, senior executive vice-president and head of distribution network at the bank; Md Enamul Kabir, executive vice-president and regional head; Md Rashaduzzaman, executive vice-president, commercial banking division; Hasina Fardous, vice-president and head of payroll banking; and Mohammad Mamunur Rashid Chowdhury, chief financial officer of SQ Lights Limited, along with other senior officials from both organisations, were also present.