Prime Bank teams up with Buet

Prime Bank signed an agreement with the Bangladesh University of Engineering and Technology (Buet) last week to provide its banking services.

Under the deal, students can pay tuition fees to the central account of the Buet from any branch of the private commercial lender, a press release said.

Shams A Muhaimin, deputy managing director of Prime Bank, and Md Jasim Uddin Akond, comptroller of the university, inked the agreement at the latter's office in Dhaka.

"We think this agreement will be mutually beneficial for both organisations. We hope to make this service available on our digital platforms in the coming days so that students can pay their tuition fees anytime, from anywhere," said Muhaimin.

"I have been banking with Prime Bank for a long time and their recent digital developments have been exemplary. We believe this partnership will help us in our continuous journey to provide world-class education to our students," said Prof Satya Prasad Majumder, vice-chancellor of the Buet.

Prof Abdul Jabbar Khan, pro-vice-chancellor, Prof Muhammad Anisuzzaman Talukder, director of the Research and Innovation Centre for Science and Engineering of the university, and Mohammad Farhan Adel, senior vice-president of the bank, were present.