Premier Bank launches digital banking solution
Govt should take harsh actions against the loan defaulters, says the bank chairman
FE Report | Thursday, 20 June 2019
The Premier Bank Limited on Wednesday introduced mobile banking application "pmoney", a complete digital banking solution.
Customers of the third generation PCB will now just need to use the 'pmoney' app to get a diversified view of their financial transactions.
Chairman of the bank, Dr. H. B. M. Iqbal formally launched the latest digital product at a function at the Corporate Office of the bank at Banani in the city.
Among others, member of the Board of Directors Abdus Salam Murshedy, MP; member of the Board of Directors & Risk Management Committee Chairman, Mr. Mohammad Imran Iqbal; Advisor Muhammed Ali, Managing Director & CEO M. Reazul Karim, FCMA; Additional Managing Directors Md. Abdul Jabber Chowdhury and Golam Awlia were also present on the occasion.
'pmoney' is designed to make banking easy and comfortable, which will help Premier Bank customers to do Banking, Bills Pay, Fund Transfer, Products, Mobile Top-Up, Web-Interface, EMI Partners, My QR Code, Discount Partners, Merchant Payment, Service Request, Beneficiary Management, Locate PBL, Information and Links, Mail Notification and other admissible banking services.
'Premier Bank will continue to innovate and bring in exciting products and services to the market to make everyone's banking transaction - quick, simple & convenient,' said Dr. H.B.M. Iqbal while addressing the launching ceremony.
Replying to a question, the Premier Bank chairman said government should take harsh actions against the loan defaulters.
"Tough actions against the loan defaulters is a must to address the growing loan default culture and the government should amend laws so that the defaulters cannot take any legal protection against the stringent actions," the Premier Bank chairman said adding Bangladesh will be an affluent country if such menacing loan default culture is ended.
Advisor of the bank Muhammed Ali said if the disbursed loan is monitored with due diligence, then there is no possibility of loan default.
"The borrowers' profile and capacity should be assessed properly ahead of disbursing loan, so that the lenders' money is not wasted," Muhammed Ali, a veteran banker said.
Customers can download the 'pmoney' app from the google play store or apple store. Not only customers can use the app on smartphone but also on desktop as web version.