PrimeAgrim - Digital Nano Lending Service for Blue-collar Working Community from Prime Bank Qorus Banking Innovation Awards 2021 - Winner

Submitted by

Prime Bank Ltd.

Premium

23/09/2021 Banking Innovation

PrimeAgrim is an innovative digital nano loans service to support the lives of the working poor particularly blue-collar workers using alternative credit scoring technology.

Innovation details

Country
BangladeshCategory
Analytics & Artificial IntelligenceKeyword
Loans

Innovation presentation

Prime Bank Limited partnered with AGAM International, a fintech platform based in the UK, to launch PrimeAgrim, the advanced digital lending solution. The objective of the partnership is to create a digital lending platform powered by Prime Bank's products and AGAM's digital platform for the low-income community of Bangladesh. This is a remarkable initiative to provide financial support for emergency situations of the underserved blue collar working community.

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