Prime Bank cards offer EMI for Niloy Motors bikes

Prime Bank PLC has entered into a strategic partnership agreement with Niloy Motors Limited, an automotive enterprise under the Nitol-Niloy Group.

Mamur Ahmed, senior executive vice-president and head of distribution of the bank, and Tanim Quraishi, head of corporate sales of the automobile company, signed the agreement at the bank's corporate office in the capital's Gulshan recently, according to a press release.

As part of this collaboration, Prime Bank credit cardholders will now be able to purchase motorcycles from Niloy Motors Limited with an equated monthly instalment (EMI) facility.

Sajid Rahman, senior executive vice-president and head of corporate and institutional banking at the bank; and Joarder Tanvir Faisal, executive vice-president and head of cards and retail asset; attended the ceremony.

Tanvir Adnan, manager for corporate sales of the automobile company; and Bilash Deb, assistant manager for corporate sales, were also present at the ceremony, along with other senior officials from both organisations.