Prime Bank signs MoU to expand banking services at Jagannath University

Prime Bank PLC has signed a memorandum of understanding (MoU) with Jagannath University to expand banking services for the university’s students, teachers and staff and to increase financial inclusion on campus. The bank said the MoU was signed recently.

Under the agreement, the university’s students, teachers and employees will receive various Prime Bank banking products, card facilities and need-based financial services. The bank will also support the university in meeting its institutional financial needs.

Attending the signing ceremony from Prime Bank were Deputy Managing Director and Chief Information Officer Syed Sajjad Haider Chowdhury, Senior Executive Vice President and Head of Liability and Women Banking Shayla Abedin, and Senior Vice President and Head of Financial Inclusion and School Banking M M Mahbub Hasan.

The Jagannath University delegation was led by Vice-Chancellor Professor Dr Md Rais Uddin. It also included Treasurer Professor Dr Sabina Sharmin, Acting Registrar Professor Md Sheikh Gias Uddin, deans of various faculties, representatives of the teachers’ association and the director of the finance and accounts office.

At the ceremony, Prime Bank officials presented services for students including fee collection, student files and bank accounts at attractive rates with a free debit card. Payroll banking, various types of loans, credit cards, investment and other financial services for teachers and staff were also outlined.

The partnership has been formed under the bank’s industry-academia partnership platform ‘Prime Academia’. Through this platform, Prime Bank is strengthening mutual engagement with educational institutions across the country by implementing various innovative banking activities.