Prime Bank Enters Payroll Partnership with Fame Group

Dhaka: In a significant move aimed at enhancing employee banking benefits, Prime Bank PLC has formalised a payroll agreement with Fame Group, marking a new chapter in corporate banking collaboration in Bangladesh. The agreement was signed at Prime Bank’s corporate office in Dhaka, in a ceremony attended by senior officials from both organisations.

Under this agreement, employees of Fame Group will gain access to a range of exclusive banking privileges offered by Prime Bank. These include preferential banking services, credit card facilities, and loan opportunities tailored to meet the diverse financial needs of employees. In addition, they will benefit from PrimePay, the bank’s state-of-the-art digital payroll platform. This advanced platform ensures seamless and automated salary disbursement while providing round-the-clock corporate payment solutions, thereby streamlining the financial operations of the company.

The agreement was signed on behalf of the two organisations by M Nazeem A Choudhury, Deputy Managing Director of Prime Bank PLC, and Masud Alam, Managing Director of Fame Group. Their signatures symbolise the commitment of both institutions to strengthening employee financial welfare and adopting cutting-edge digital banking solutions.

The signing ceremony was graced by a host of senior executives from both organisations. From Prime Bank, attendees included Mamur Ahmed, SEVP & Head of Distribution Network; Mehedi Zaman Khan, SVP & Team Head, Commercial Banking Division; and Hasina Fardous, VP & Head of Payroll Banking. Representing Fame Group were Md Golam Kabir, Chief Operating Officer; Paritosh Sarker, Finance Adviser; Brigadier General Murad Zaman (Retd), Executive Director-Admin; and Nizam Uddin, General Manager-Commercial. Other senior officials from both sides were also present, highlighting the significance of this partnership.

Speaking at the event, M Nazeem A Choudhury emphasised:

“This partnership is a milestone for Prime Bank in extending specialised banking privileges to corporate employees. The integration of PrimePay will ensure that salary disbursements are fully automated, secure, and convenient, aligning with modern banking standards.”

Masud Alam of Fame Group added:

“We are delighted to partner with Prime Bank. This agreement ensures that our employees enjoy enhanced financial flexibility and access to professional banking services, which will greatly contribute to their overall financial wellbeing.”

Payroll Agreement Summary :

This strategic partnership reflects the growing trend of digital banking adoption in Bangladesh and underscores the commitment of leading organisations to provide comprehensive financial solutions for employees. By combining advanced technology with tailored services, Prime Bank and Fame Group are setting a benchmark for corporate payroll management in the country.