Prime Bank Investment Limited (PBIL) has signed a Memorandum of Understanding (MoU) with Zaytoon Business Solutions.

Syed M Omar Tayub, managing director and CEO of PBIL, and Md Arfan Ali, chairman of Zaytoon Business Solutions, signed the MoU on behalf of their respective organisations in the capital recently.

Under the collaboration, PBIL will empower Zaytoon's customers through their village digital booths to invest in government securities and listed stocks digitally via PrimeInvest—PBIL’s flagship, first-of-its’-kind bank managed product-suite for managing capital market investment, said a press release. 

The product offers wide ranging schemes such as: capital protected and monthly investment plans serving multiple segments like women, probashi, shariah and youth.

PrimeInvest products are designed to maximize returns while minimising investor risk, all while offering opportunities for tax rebates and long-term wealth creation, the statement added

 This collaboration not only advances PBIL’s #AccessToInvestment initiative but also reinforces its broader mission: bringing capital market services closer to people across Bangladesh, especially the underserved areas, digitally, every day.