Prime Bank Introduces Exclusive Benefits for BYD Loans

Bangladesh is witnessing a remarkable shift towards electric mobility, and Prime Bank PLC has taken a decisive step to support this transition by unveiling an exclusive range of benefits for customers purchasing BYD vehicles. As electric cars continue to capture the imagination of environmentally conscious motorists across the country, the bank’s latest auto loan offerings are designed to make the adoption of sustainable transport simpler, more accessible, and financially rewarding.

The initiative has been launched in partnership with CG Runner BD Limited, the authorised distributor of BYD vehicles in Bangladesh. A formal agreement was signed at BYD Bangladesh’s flagship showroom in Tejgaon, Dhaka, marking a strategic collaboration aimed at enhancing customer experience in the rapidly expanding electric vehicle (EV) sector. The event was attended by senior executives from both Prime Bank and BYD Bangladesh, reflecting a shared vision of advancing eco-friendly mobility solutions in the country.

Under this new arrangement, Prime Bank customers securing auto loans for BYD vehicles will benefit from additional complimentary servicing packages, significantly reducing long-term maintenance expenses. Customers taking loans ranging from BDT 3 million to BDT 4 million will receive one extra free service on top of BYD’s standard complimentary offering, while those obtaining loans between BDT 4 million and BDT 6 million will enjoy two additional services. Such incentives aim to make EV ownership seamless, cost-effective, and reassuring for both first-time buyers and returning customers.

The agreement was formally endorsed by Md. Nazim A. Chowdhury, Deputy Managing Director of Prime Bank, and Hafizur Rahman Khan, Chairman of BYD Bangladesh. Also present were Sajid Rahman, SEVP of Corporate and Institutional Banking at Prime Bank, and Pranab Kumar Das, Director of BYD Bangladesh, along with other senior representatives from both organisations. Their presence underscored the mutual commitment to promoting greener and more sustainable transportation solutions across Bangladesh.

Prime Bank emphasised that this collaboration demonstrates its dedication to offering lifestyle-oriented banking benefits alongside competitive financial services. By facilitating convenient and internationally benchmarked loans for electric vehicles, the bank is supporting Bangladesh’s shift towards eco-friendly transport while reinforcing its strategy of delivering innovative, digitally enabled financial solutions.

As the nation steadily embraces a cleaner automotive future, partnerships between leading financial institutions and prominent EV manufacturers are expected to accelerate consumer adoption, shape the market, and advance Bangladesh’s ambitions for sustainable mobility.