Fame Group Joins Hands with Prime Bank for Payroll Solutions

Prime Bank PLC has further strengthened its presence in corporate banking by signing a comprehensive payroll agreement with Fame Group, offering a wide range of exclusive financial services to the group’s employees. The agreement was formally signed at Prime Bank’s corporate head office in Dhaka, marking a significant step towards enhanced digital payroll management and employee-focused banking solutions.

Under the terms of the agreement, employees of Fame Group will gain access to preferential banking services from Prime Bank PLC. These benefits include priority customer service, specially designed credit card facilities, and personal and corporate loan products offered on favourable terms. The initiative reflects Prime Bank’s continued commitment to supporting corporate clients by improving employee financial wellbeing through tailored banking solutions.

A key feature of the partnership is Fame Group’s inclusion in PrimePay, Prime Bank’s advanced digital payroll platform. PrimePay enables fully automated and seamless salary disbursement, ensuring that employees receive their salaries promptly and securely. In addition to payroll processing, the platform provides 24/7 corporate payment solutions, allowing organisations to manage disbursements, statutory payments, and internal transfers with greater efficiency and transparency.

The agreement was signed on behalf of Prime Bank PLC by M Nazeem A Choudhury, Deputy Managing Director, while Masud Alam, Managing Director of Fame Group, represented his organisation. Both parties expressed optimism that the collaboration would deliver long-term value and operational efficiency.

Senior officials from both organisations were present at the signing ceremony, highlighting the strategic importance of the partnership. Executives from Prime Bank emphasised that digital transformation and client-centric innovation remain at the core of the bank’s corporate banking strategy. Meanwhile, Fame Group representatives noted that the agreement would simplify salary management while offering employees secure and modern banking facilities.

Key Participants at the Signing Ceremony :

OrganisationNameDesignation
Prime Bank PLCMamur AhmedSEVP & Head of Distribution Network
Prime Bank PLCMehedi Zaman KhanSVP & Team Head, Commercial Banking Division
Prime Bank PLCHasina FardousVP & Head of Payroll Banking
Fame GroupMd Golam KabirChief Operating Officer
Fame GroupParitosh SarkerFinance Adviser
Fame GroupBrig Gen Murad Zaman (Retd.)Executive Director (Admin)
Fame GroupNizam UddinGeneral Manager (Commercial)

Additional senior officials from both organisations also attended the event.

Industry observers view the agreement as part of a broader trend in Bangladesh’s banking sector, where financial institutions are increasingly offering technology-driven payroll and employee banking solutions to corporate clients. By combining Prime Bank’s digital capabilities with Fame Group’s growing workforce, the partnership is expected to enhance operational efficiency, improve employee satisfaction, and reinforce best practices in payroll governance.

Overall, the Prime Bank–Fame Group payroll agreement stands as a strong example of how banks and corporate entities can collaborate to deliver secure, efficient, and employee-friendly financial solutions in an increasingly digital economy.