Prime Bank Ltd recently signed a memorandum of understanding (MoU) with Bangladesh Investment Development Authority (Bida) to provide one stop banking service to foreign investors.

Shams Abdullah Muhaimin, deputy managing director of the bank, and Jibon Krishna Saha Roy, director general of the Bida, signed the MoU in this regard at the latter's office in Agargaon of Dhaka, said a press release.

"This partnership with Bida will open up the doors for Prime Bank to proudly contribute to the facilitation of investment in Bangladesh," said Muhaimin.

This partnership will facilitate the foreign investors with a sophisticated banking solution that ranges from online bank account and temporary bank account opening to an exclusive transactional service to ease their operations.

Among others, Lokman Hossain Miah, executive chairman of the Bida, was present.