Banking, brokerage services under one digital umbrella

Prime Bank and its brokerage arm, Prime Bank Securities Limited, have launched the country's first-ever bank-broker integrated platform through MyPrime app.

This innovative integration allows customers to seamlessly manage both their banking and investment needs from a single digital platform, according to a press release.

With just a few taps, users can now open an investment account with Prime Bank Securities, view their portfolios, transfer funds instantly to their investment accounts, and even pull back unutilized funds to their bank accounts.

This is the first initiative of its kind in Bangladesh, simplifying investment for retail clients by bringing banking and brokerage services under one digital umbrella, reads the press statement.

Previously, Prime Bank Securities launched its own Order Management System (OMS), PrimeTradEx, to deliver a premium digital trading experience. Now, with the help of MyPrime app, clients can begin trading immediately after opening an investment account in a fully contactless and paperless process.

"Our goal is to make investing simple, accessible, and instantaneous," said Mr. Moniruzzaman, managing director & CEO of Prime Bank Securities Limited.