• Sunday, Dec 04, 2022
  • Last Update : 10:24 am

Prime Bank, Trust Axiata Digital sign agreement

  • Published at 01:43 pm August 23rd, 2021
TAP

The companies have signed a trust cum settlement account agreement for Trust Axiata Digital Limited's new mobile financial service “Tap”

Prime Bank and Trust Axiata Digital Limited (TADL), a joint venture of Trust Bank Limited and Axiata Digital Services Sdn Bhd, Malaysia, have signed a trust cum settlement account agreement for Tadl’s new mobile financial service “Tap”. 

Shams A. Muhaimin, Deputy Managing Director of Prime Bank, and Dewan Nazmul Hasan, Chief Executive Officer (Acting) of Trust Axiata Digital Limited, signed the agreement in Dhaka on August 18, 2021. Faisal Rahman, Additional Managing Director of Prime Bank was also present, according to a press release. 

About the agreement, Hassan O. Rashid, Managing Director and CEO of Prime Bank, said: “This agreement will be mutually beneficial for both organizations. This is just the beginning of our partnership with Tap which we believe will usher new opportunities on the retail distribution side.”

Commenting on the agreement, Dewan Nazmul Hasan, Chief Executive Officer (Acting) of Trust Axiata Digital Limited, said: “This is our immense pleasure to start our partnership with Prime Bank. Though we are starting with a trust cum settlement account, in future we will incorporate a bank transfer feature in our app, so that Prime Bank account holders can easily add money from their account and avail of “Tap” services. We are also in discussion with Prime Bank to facilitate more services to our customers. Hopefully, we will bring more solutions in the market soon.”


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