Prime Bank wins bronze at Efma-Accenture Banking Innovation Awards 2021

Prime Bank has won a bronze at an Efma-Accenture Banking Innovation Awards 2021 in an analytics and artificial intelligence category.  

The bank got the accolade for its artificial intelligence driven platform "PrimeAgrim" that focuses on innovation to cater to banking needs and propel financial inclusion, said a press release.

The Bank of Santander of Spain won gold while ING Bank of Turkey silver.

"Global recognitions like this assures that we are indeed on the right path and we shall keep working to bring even more innovative and customer-centric digital initiatives in the future," ANM Mahfuz, deputy managing director of Prime Bank.

"Our focus is to deploy technology and innovation for financial inclusion and this recognition certainly adds to that motivation," said Hassan O Rashid, chief executive officer of Prime Bank.

Efma recognises banking innovation, this time attracting 816 entries from nearly 300 financial institutions in 73 countries.