Prime Insurance Company signed cash management solution agrerement with Standard Chartered Bank in Dhaka recently.

Under the arrangement, Standard Chartered Bank will provide payroll solution to the employees of Prime Insurance and Cash Management Solutions that will enable Prime Insurance to manage their transactional cash flows and provide prompt services to their clients, said a press release.

Md. Ezhar Hossain, Managing Director, Prime Insurance Company Limited and Hussain Shirazie, Director and Head of Transaction Banking, Standard Chartered Bank signed the agreement on behalf of the respective organisations.

Senior officials of both the organisations were present at the function.

Standard Chartered is a leading international banking group.