Prime Bank enters strategic partnership with Lavender Convenience Store

Prime Bank PLC has entered into a strategic partnership agreement with Lavender Convenience Store Limited, a grocery supermarket and online marketing platform, with the objective of promoting digital transactions, enhancing customer experience, and offering compelling incentives to loyal patrons.

M Nazeem A Choudhury, deputy managing director of the bank, and TD Packir, chief executive officer of Lavender Convenience Store Limited, signed the agreement at the bank's corporate headquarters in the capital's Gulshan recently, according to a press release.

As part of the collaboration, Prime Bank will supply modern point-of-sale (POS) terminals to Lavender Convenience Store outlets, facilitating seamless and secure card payment solutions for customers.

The agreement will also extend exclusive privileges to Prime Bank cardholders, allowing them to avail themselves of special benefits when making purchases at any Lavender Convenience Store location using their Prime Bank cards.

Joarder Tanvir Faisal, executive vice-president and head of cards and retail asset at the bank; and Abdul Matin Tarek, head of brand and marketing of Lavender Convenience Store; were also present, along with other senior officials from both organisations.