Prime Bank Limited has signed an agreement with Bangladesh University of Engineering & Technology (BUET).
Under this agreement, tuition fees deposited by a BUET student at any Prime Bank Branch will be added in real time to the central account of BUET maintained by Prime Bank, said a press release.
With this agreement Prime Bank becomes the first Private Commercial Bank of Bangladesh to collect tuition fees for BUET. This cooperation opens up space for both Prime Bank & BUET to collaborate in vast areas of banking services and quality education.
Shams A. Muhaimin, Deputy Managing Director of Prime Bank and Md. Jasim Uddin Akond, FCME, Comptroller, BUET, signed the agreement on behalf of their respective organizations in presence of Prof. Dr. Satya Prasad Majumder, Vice Chancellor of BUET. Among others, Prof. Dr. Abdul Jabbar Khan, Pro-Vice-Chancellor, BUET; Prof. Dr. Muhammad Anisuzzaman Talukder, Director, RISE, BUET; Mohammad Farhan Adel, SVP, Prime Bank were also present at the signing ceremony.
About the agreement, Shams A. Muhaimin, Deputy Managing Directorof Prime Bank, said: “We think this agreement will be mutually beneficial for the both organizations. This is just the beginning of our partnership with BUET.” “In the coming days we hope to make this service available on our digital platforms so that student can pay their tuition fees anytime, anywhere.”, he added.
Commenting on the agreement, Prof. Dr. Satya Prasad Majumder, Vice Chancellor of BUET, said: “I have been banking with Prime Bank for a long time & their recent digital developments have been exemplary. We believe this partnership will help us in our continuous journey to providing world-class education to our students.”