Prime Bank partners with Excel Telecom Pvt Ltd to enable digital device financing for its customers

Prime Bank PLC has recently signed a Memorandum of Understanding (MoU) with Excel Telecom Pvt Ltd, the Manufacturing Partner and authorised National Distributor of Samsung Bangladesh, at the bank’s corporate office.

Under this MoU, Consumer Banking Division of Prime Bank will offer convenient digital financing solutions to its retail customers for purchasing Samsung devices, according to a media release. 

This collaboration will allow customers to purchase devices through a fully digital end-to-end process. It ensures a smooth and hassle-free banking experience, making transactions more convenient and efficient.

The signing ceremony was held in the presence of senior officials from both organisations.

M. Nazeem A. Choudhury, Deputy Managing Director of Prime Bank PLC, Mr. Mohammad Syfuddin Tipu, Executive Director of Excel Telecom Pvt Ltd and Syed Md. Badrul Arifeen, Head of Product Planning & Head of Marketing, MX Biz. Group formally exchanged the MoU at the event.