Prime Bank’s “PrimeAgrim” nano-loan service platform scales up nationwide

Prime Bank’s internationally acclaimed nano-loan service platform “PrimeAgrim” is gaining momentum nationwide.

After a huge victory in the international financial sphere by receiving the Analytics and Artificial Intelligence (AI) – Bronze award at the prestigious Efma-Accenture Banking Awards along with other global financial institutions, “PrimAgrim” is making its mark on the national border with another distinction of the Bangladesh Innovation Award 2022, in the category Best Innovation – Finance, reads a press release.

Prime Bank’s Consumer Banking Division Head and DMD ANM Mahfuz, along with PrimeAgrim’s Product Owner and Head of Agent and Digital Banking, Md Majidul Haque, received the award from Salman Fazlur Rahman, Advisor for Private Industry and Investment to the Prime Minister of Bangladesh, at the gala. recently.

The accolade comes from Prime Bank’s AI-driven digital nanofinance platform, “PrimeAgrim”, which is integrated with artificial intelligence, machine learning and alternative credit to meet the urgent needs of the community blue-collar work.

It is an end-to-end digital product that assesses customers’ credit eligibility and disburses digitally, eliminating the hassle of submitting documents to save time and effort.

“PrimeAgrim was designed to promote financial inclusion through digital transformation. It is wonderful that PrimeAgrim has started to receive such acclaimed recognitions in Bangladesh, which speaks to the range of benefits that ‘PrimAgrim’ is on the point to bring to the nation. Motivated, we will continue to work to bring even more innovative and customer-centric digital initiatives in the future,” said the head of Prime Bank’s consumer banking division. and DMD ANM Mahfuz.

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