The Daily Corporate Desk
Prime Bank PLC, in partnership with Chittagong Port Authority (CPA), has launched a co-branded Visa credit card aimed at transforming financial transactions within the country’s busiest port ecosystem.
The CPA–Prime Bank co-branded Visa Card is designed to enable seamless payments, enhance operational efficiency, and offer tailored financial solutions for businesses and individuals connected to port activities. The initiative reflects a growing push toward digitalization in Bangladesh’s logistics and trade infrastructure.
The card was officially inaugurated at a ceremony held at Hotel Sheraton Dhaka on April 28. The event was attended by senior representatives from both organizations and key stakeholders from the financial and port sectors.
Speaking at the event, Rear Admiral SM Moniruzzaman highlighted the importance of digital transformation in port operations. He noted that the partnership would modernize payment systems, simplify business processes, and ensure more secure and transparent transactions across the port community.
Azam J Chowdhury emphasized the broader economic impact of the collaboration, describing CPA as a critical driver of Bangladesh’s economy. He added that such initiatives are aligned with efforts to improve everyday financial convenience while supporting long-term development.
From the bank’s perspective, Faisal Rahman said the partnership underscores Prime Bank’s focus on innovation, efficiency, and sustainable growth. He noted that the initiative aligns with national priorities and contributes to building a more resilient infrastructure for businesses.
Meanwhile, M Nazeem A Choudhury pointed out that the co-branded card is expected to significantly enhance user experience while streamlining financial transactions within the port ecosystem.
Industry stakeholders believe the move could set a precedent for further fintech integration in Bangladesh’s logistics sector, particularly in high-volume trade hubs like Chittagong Port.
