Prime Bank Unveils PrimeAcademia for Academic Banking

To transform the banking experience for educational institutions, Prime Bank has launched PrimeAcademia, its new banking solution tailored specifically for academic institutions, teachers, and students. The first partnership under this initiative was signed with Bluebird High School and College.

PrimeAcademia is designed to address the diverse financial needs of the academic community. The solution includes fee collection services to simplify and manage institutional fees, payroll banking for more efficient payroll services for academic staff, and student savings accounts offering special benefits. Additionally, it features institutional accounts with attractive interest-bearing options for schools and colleges, teacher savings accounts with added insurance coverage, and loan facilities to help parents finance their children’s education. The service also provides institutional loan and investment facilities to support the development and growth of academic institutions and a student file service to assist with higher education abroad.

Prime Bank aims to extend these services to all schools and academic institutions across Bangladesh, underscoring its commitment to supporting education nationwide. The agreement was signed by Husne Ara, principal of Bluebird High School and College, and Nazeem A Choudhury, deputy managing director of Prime Bank, during a ceremony held today. Expressing his enthusiasm for the initiative, Nazeem A Choudhury said they are thrilled to introduce such a unique proposition for providing financial services to academic institutions. They are committed to enabling these institutions to offer enhanced education and superior amenities, contributing to the development of the youth who are the future of our country.

PrimeAcademia’s launch is a significant step in Prime Bank’s efforts to revolutionize the banking landscape for educational institutions in Bangladesh, providing tailored financial solutions to meet the specific needs of the academic community.

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