Bangladesh’s accelerating shift towards electric mobility has taken another promising step forward as Prime Bank PLC announces an enhanced suite of benefits for customers purchasing BYD vehicles. With electric cars gaining rapid traction among environmentally conscious motorists, the bank’s newly introduced loan facilities aim to make the journey towards clean transportation far more accessible, seamless, and rewarding.
The initiative comes in collaboration with CG Runner BD Limited, the authorised distributor of BYD in the country. A formal agreement between the two organisations was signed recently at BYD Bangladesh’s flagship showroom in Tejgaon, Dhaka. Senior officials from both Prime Bank and BYD Bangladesh were in attendance, underscoring the strategic importance of this partnership. According to an official release, the collaboration is designed to streamline the vehicle purchasing process, enhance transparency, and ensure a more customer-centric experience for EV buyers.
Under the terms of the arrangement, Prime Bank customers opting for auto loans to purchase a BYD vehicle will be eligible for additional free servicing benefits—an incentive expected to significantly reduce long-term maintenance costs. Borrowers securing loans amounting to between BDT 3 million and BDT 4 million will receive one extra free service on top of BYD’s existing complimentary package. Meanwhile, customers taking loans worth between BDT 4 million and BDT 6 million will enjoy two additional free services. These perks are intended to make vehicle ownership smoother, more economical, and reassuring for customers who are transitioning to advanced electric mobility solutions.
The agreement was signed by Md. Nazim A. Chowdhury, Deputy Managing Director of Prime Bank, and Hafizur Rahman Khan, Chairman of BYD Bangladesh. Also present were Sajid Rahman, SEVP of Corporate and Institutional Banking at Prime Bank, and Pranab Kumar Das, Director of BYD Bangladesh, along with other senior representatives from both organisations. Their presence reflected a shared vision to support greener, more sustainable modes of transportation across the nation.
Prime Bank stated that this partnership reinforces its commitment to offering superior lifestyle-oriented benefits to its customers and employees. By providing easy and competitive loan options for international-standard electric vehicles, the bank aims to contribute meaningfully to Bangladesh’s transition towards modern, eco-friendly mobility. Furthermore, the initiative aligns with Prime Bank’s broader strategy of expanding digital and innovative banking services, while simultaneously supporting the growth of the country’s electric vehicle ecosystem.
As Bangladesh moves steadily towards a cleaner automotive future, such collaborations between financial institutions and leading EV manufacturers are set to play a pivotal role in shaping consumer adoption and strengthening the nation’s green transport ambitions.