Prime Bank, CPA launch co-branded Visa card to streamline port transactions

Prime Bank PLC, in collaboration with the Chittagong Port Authority (CPA), has launched the “CPA-Prime Bank Co-Branded Visa Card,” aiming to enhance financial convenience and offer benefits to stakeholders within the port ecosystem.

The card is designed to ensure seamless transactions, improve operational efficiency, and provide tailored financial solutions for individuals and businesses associated with the port community.

Rear Admiral SM Moniruzzaman, chairman of the Chittagong Port Authority, inaugurated the card as the chief guest at Sheraton Dhaka on Tuesday.

Moniruzzaman said, “We believe our initiative to advance digital transformation at the port will be strengthened by this partnership with Prime Bank. We congratulate all those involved in making this collaboration possible.

“This partnership will modernise the port’s payment system, making it more efficient and user-friendly, while simplifying business operations. Users will benefit from more secure and transparent transactions.

“We are confident that such initiatives will enhance operational efficiency and support the port’s continued growth.”

Azam J Chowdhury, chairman of Prime Bank Foundation, and Faisal Rahman, acting chief executive officer of Prime Bank PLC, attended the launch ceremony.

At the event, Chowdhury said, “We are proud to be associated with CPA, a key driver of Bangladesh’s economy. We believe this partnership will bring positive change to society.

“Our goal is to make people’s lives easier and better. To achieve this, we will continue to take innovative initiatives that accelerate economic development and deliver real benefits.”

Rahman said, “This initiative reflects the bank’s commitment to building value-driven partnerships that support the development of key national infrastructure.

“Through such collaborations, the bank aims to enhance efficiency, encourage innovation, and contribute to sustainable growth in essential sectors. It also demonstrates alignment with national priorities, ensuring long-term economic benefits.

“By doing so, the bank strengthens its role in fostering a more resilient and future-ready infrastructure ecosystem for businesses and the wider community.”

The initiative reflects Prime Bank’s continued commitment to innovation and customer-centric financial services, the release added.

Sabbir Ahmed, country manager for Bangladesh at Visa, and M Nazeem A Choudhury, additional managing director of Prime Bank PLC, along with senior officials from both organisations, were also present.