Prime Bank eases funding to farmers, entrepreneurs

Prime Bank Limited and Farmers Best have joined hands to ease financing to the farmers and agriculture entrepreneurs of the country. Farmers Best, specialised in working with farmers to bring produces to the urban market, will work in partnership with Prime Bank to enable easy access to finance to thousands of farmers and agriculture entrepreneurs across the country which need credit facilities to boost up the production and expand related business.   

It will be a big initiative for the country's booming agriculture sector as eligible members affiliated with Farmers Best can now avail collateral free loan up to Tk 10 lakh and other tailor-made financing solutions. They can also avail a wide range of deposit products and free Internet Banking – ALTITUDE - for conducting broad range of e-transaction.  

Agriculture sector holds immense potential for becoming a game changer for Bangladesh economy. As Bangladesh is an agriculture dependent country, proper financial patronization to thousands of farmers and agri-entrepreneurs in distant villages all over the country can be significant contributor in economy in terms of agri-production and supply.